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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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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 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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Cooper Tyre’s Q2 profit drops 36% year over year

Posted: August 16, 2017 at 10:15 am   /   Editor's Choice, Featured, International, NEWS

Cooper Tyre and Rubber has reported that its Q2 net profit fell to $45.3 million, or $0.85 cents a share, from $70.7 million, or $1.27 a share, in the same period a year ago. Revenue for the period fell to $720.8 million from $740.3 million Unit volume declined slightly by 0.5%, as less activity in […]

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Nokian tyre

Nokian Tyres to publish H1 financial report August 8

Posted: August 3, 2017 at 7:15 am   /   International, NEWS, Reader's Choice

Nokian Tyres will publish its half year financial report for January-June 2017 on August 8, 2017 at 8am Finnish time. The material will be available on the company’s website at A results presentation for analysts and media will be held the same day at 10am Finnish time at Hotel Kämp in Helsinki. President and […]

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Goodyear America’s sales and profit fall in Q2 and H1

Posted: August 3, 2017 at 7:12 am   /   Editor's Choice, International, NEWS

Goodyear Tyre and Rubber, the largest tyre maker in the US, reported lower-than-expected quarterly sales due to declining tyre demand. The company lowered its full-year forecast for segment operating income based on the results. The tyre maker recorded Q2 2017 net income of $147 million (58 cents per share), down from $202 million (75 cents […]

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zc rubber

ZC Rubber named OE supplier for Linde China.

Posted: August 3, 2017 at 6:56 am   /   International, NEWS, Reader's Choice

ZC Rubber is now supplying its OTR tyres to Linde China as original equipment on the company’s forklifts. The tyre maker’s Chaoyang and Westlake tyre brands are being supplied in more than 20 sizes to Linde’s Chinese operation. Linde China is the Asian R&D, manufacturing, sales and service arm of Linde Material Handling, which is […]

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BMW’s electric vehicle strategy takes next step

Posted: August 3, 2017 at 6:33 am   /   International, NEWS, Reader's Choice

BMW has announced that all of its brands and model series can be electrified with a full-electric or plug-in hybrid drivetrain now being offered in addition to the combustion engine option. Additional electrified models will be brought to market in the coming years and the German car maker’s next-generation vehicle architecture will be structured to […]

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