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August 2017
CMT_TT_TRC

Changemytyre.com rides high after registering 50,000 users/ month.

Posted: August 18, 2017 at 12:17 pm   /   Editor's Choice, Featured, National, NEWS

Riding on its technological prowess and domain knowledge Changemytyre.com, India’s #1 online tyre seller has in its user base hit the magic number of 50,000 users per month.The growth that comes as a combined increase in viewership on both the mobile & desktop platforms has also seen Changemytyre.com’s CTR hitting a humongous 7.72%. The leading […]

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Birla Carbon presents the ‘Social Value of Carbon Black’

Posted: August 18, 2017 at 8:41 am   /   Editor's Choice, National, NEWS

PRESS RELEASE Many things we rely on every day, like phones and wires, shoes and cars have something in common. All of them have a common material that makes them last longer and perform better – Carbon Black. Carbon black is a safe, highly engineered microscopic carbon that plays an important role in many areas of our lives. Birla […]

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YOKOHAMA INDIA RELEASES IT’S BEST EVER ALL TERRAIN SUV TYRE: GEOLANDAR A/T G015

Posted: August 18, 2017 at 8:36 am   /   Featured, National, NEWS, Reader's Choice

Yokohama India replaces its successful Geolandar A/T-S G012 with new generation Geolandar A/T G015. The innovative all Terrain Tyre is engineered for durability and vastly improves comfort, silence with good traction & off Road capability over it’s predecessor. The Geolandar A/T G015 is All-Terrain tyre developed for drivers of SUVs looking for a tough and […]

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New car tyres are seen inside the Clairoix Continental tyre factory March 12, 2009 the day after announcements that the company will cut nearly 2,000 jobs and close production at two high-cost European tyre manufacturing sites amid a severe crisis in the auto industry. Production capacity of 8 million car tyres annually in its French site in Clairoix would affect some 1,200 employees.      REUTERS/Benoit Tessier (FRANCE TRANSPORT BUSINESS) - RTXCOHY

Continental, Kordsa announce sustainable adhesion for textile reinforcements

Posted: August 16, 2017 at 10:33 am   /   International, NEWS, Reader's Choice

Continental and tyre reinforcement company Kordsa are developing a new sustainable adhesion system for bonding textile reinforcing materials to rubber-based compounds, the companies have announced. The new technology will replace resorcinol and formaldehyde with more eco-friendly chemicals in all of Continental’s tyre segments. Boris Mergell, who heads up worldwide passenger car R&D at Continental, said: […]

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Capacity expansion in the works for Phillips Carbon Black

Posted: August 16, 2017 at 10:29 am   /   Editor's Choice, National, NEWS

Phillips Carbon Black has announced carbon black capacity at Palej and Mundra in Gujarat, India will be increased by 80,000 tons per year by the end of fiscal 2019. The Rs 300 crore investment will enhance capacity of existing units by 17%, media said. Company chairman Sanjiv Goenka said the business is also evaluating sites […]

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Market factors drive JK Tyre into the red

Posted: August 16, 2017 at 10:26 am   /   Featured, National, NEWS, Reader's Choice

JK Tyre of India has reported a consolidated net loss of Rs 117.21 crore for Q1 that ended June 30 compared to a net profit of Rs 100.47 crore for the same period of the previous fiscal year. Total income declined to Rs 1,942.86 during the first quarter compared to Rs 1,957.76 crore in the […]

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Natural rubber supply deficit continues in July, ANRPC says

Posted: August 16, 2017 at 10:25 am   /   Featured, International, NEWS, Reader's Choice

For the first seven months of 2017, world production of natural rubber amounted to 6.838 million tons while world consumption reached at 7.486 million tons, resulting in a supply deficit of 648,000 tons, according to the Association of Natural Rubber Producing Countries (ANRPC). The deficit will not drive up prices due to higher rubber inventories […]

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Kumho Tyre’s Q2 profit dips 26.4% on weak sales

Posted: August 16, 2017 at 10:23 am   /   International, NEWS, Reader's Choice

South Korea’s Kumho Tyre said that its Q2 profit declined 26.4% from a year earlier on lower demand in major markets. Net profit reached 195 billion won ($173 million) on a consolidated basis during the April-June period, compared with a profit of 310 billion won a year earlier, the company’s regulatory filing said. Operating income […]

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Nokian tyre

Nokian reports strong first half with 15% better profit

Posted: August 16, 2017 at 10:23 am   /   International, NEWS, Reader's Choice

Nokian Tyres has reported H1 net sales increased by 17.2% to €718.9 million ($844.2 million) compared to €613.3 ($720.2 million) in H1 2016. Profit for the half increased by 15.1% to €116.4 million ($136.7 million) up from €101.2 ($118.8 million) in H1 2016. The firm’s earnings per share grew to €0.86 an increase from €0.75 […]

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Sumitomo-Tires

Sumitomo Rubber to stop US OE tyre production for Goodyear

Posted: August 16, 2017 at 10:20 am   /   Editor's Choice, Featured, International, NEWS

Sumitomo Rubber will stop supplying original equipment (OE) tyres to Goodyear Tyre and Rubber in 2018, opting instead to manufacture its Falken Tyre brand at the facility in Tonawanda, New York, news reports from Japan said. Equipment at Sumitomo Rubber’s plant that has been used for Goodyear passenger car and bus tyres will be replaced […]

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