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Birla Carbon

Birla Carbon Exhibits at American Coatings Show 2018

Posted: April 10, 2018 at 4:21 am   /   Editor's Choice, National, NEWS

Atlanta April 6, 2018 – Birla Carbon once again is an exhibitor at the American Coatings Show (ACS). Held this year at the Indiana Convention Center in Indianapolis, Indiana, April 10-12, ACS showcases the very latest trends and technologies in the coatings industry. “We look forward to this show every year,” said Todd Cottrell, president of Birla […]

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lanxess

LANXESS posts record earnings for 2017 and a good start to the new fiscal year

Posted: April 10, 2018 at 4:14 am   /   Editor's Choice, National, NEWS

LANXESS posts record earnings for 2017 and a good start to the new fiscal year Sales up 25.5 percent to EUR 9.66 billion in fiscal year 2017 Strong volume increase in all segments EBITDA pre exceptionals up by 29.6 percent to EUR 1.29 billion EBITDA margin pre exceptionals improved from 12.9 percent to 13.3 percent […]

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Carbon Black

CARBON BLACK SHORTAGE IN INDIA

Posted: February 27, 2018 at 5:40 am   /   National, NEWS, Reader's Choice

Carbon Black shortage prompts tyre industry to make a representation to the Government to allow duty free import of carbon black and also for rolling back the anti dumping duty on carbon black imports from China. China accounts for more than 40 % of carbon black production across the world. The increase in raw material […]

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tbr imports

Which tyres will pick up sales volumes in 2018 ?

Posted: February 6, 2018 at 11:00 am   /   Editor's Choice, Featured, National, NEWS

In  tyre replacement sales it is very important to remember which cars were popular 4 to 5 years ago since these are the tyres that will gain sales momentum in the present. We are giving below a snapshot of what to expect apart from the regular fast moving sizes of the popular cars like the […]

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News 2

Share prices of tyre companies moving down

Posted: February 6, 2018 at 10:46 am   /   National, NEWS, Reader's Choice

SENSEX falls from highs above 36,400 to lows touching almost 33,400 – a drop of 3,000 points. Tyre companies are also facing a downturn in share prices.   TYRE CO. 52 WEEK HIGH RS. PRICE ON 6TH FEB 2018 RS. % DECLINE MRF 74500 64000 14.1 APOLLO 288 229 20.5 CEAT 2019 1462 27.6 JK […]

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News 1

Increased duty drawback on tyre exports

Posted: February 6, 2018 at 10:25 am   /   Editor's Choice, Featured, National, NEWS

The duty drawback rates on tyres were increased by the finance ministry to give a boost to exports of automobile tyres and bicycle tyres. Before GST was implemented the duty drawback scheme was responsible  to negate the impact of customs and excise duties paid by manufacturers on raw materials used by them for export manufacturing. […]

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apollo-tyres_0

Apollo Tyres one of ‘best workplaces in manufacturing’.

Posted: January 24, 2018 at 8:28 am   /   Editor's Choice, Featured, National, NEWS

Great Place to Work Institute has identified Apollo Tyres, India’s leading tyre maker, as one of India’s Best Workplaces in Manufacturing – 2018. The company is ranked among the top 10 workplaces in the manufacturing segment in India. Apollo Tyres has been rated highly for its transparency in performance management process, especially the variable pay, […]

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atma

ATMA Annual Convention Turns Spotlight on Tyre Industry -Auto OEMs Partnership.

Posted: January 17, 2018 at 10:16 am   /   Editor's Choice, Featured, National, NEWS, Reader's Choice

The first ATMA Annual Convention, poised to become the flagship event of tyre industry in India, will be held on 7th February 2018 at New Delhi. The theme of first Annual Convention is ‘Tyre Industry Taking India to the World. ‘Having played its well-deserved role as a lead sector of manufacturing, Tyre Industry in India […]

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yokohamatiresfeb17

Yokohama Rubber expanding off-highway tyre capacity in India.

Posted: January 17, 2018 at 10:11 am   /   Editor's Choice, National, NEWS

Yokohama Rubber has announced it will expand production capacity for off-highway tyres by adding new facilities at ATC Tyres, the Indian tyre manufacturing and sales subsidiary of the Alliance Tyre Group (ATG), which it acquired in July 2016. Construction of the new facilities will begin in February at the company’s plant in Dahej, Gujarat, India. […]

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Tyres-rims

Indian Tyre Industry to Grow at 8% in FY 2018.

Posted: January 17, 2018 at 10:05 am   /   Editor's Choice, Featured, National, NEWS

Despite the weak volumes during the rollout of GST in the first quarter and second quarter, the Indian tyre industry has found itself at a sweet spot with the expected growth of 7-8% i.e., (1,805 lakh tyres) during FY 2018. As per ICRA Limited (ICRA), an independent and professional investment information and credit rating agency […]

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