2014 Year in Review: November, December

November Datwyler Group announces it will acquire Keystone Holding Inc. and its operating company, Columbia Engineered Rubber Inc. West Pharmaceutical Services Inc. decides to build a factory in Waterford, Ireland, and expands its manufacturing and product development center in Dublin. HF Mixing Group decides to keep its Farrel Corp. business in Ansonia,

Source: 中国橡胶网

2015/01/12

2014 Year in Review: September, October

September Glacial Lakes Rubber & Plastics Inc. opens in Watertown, S.D. Arsenal Capital Partners' operations Accella Performance Materials Inc. and Royal Adhesives & Sealants Canada L.L.C. buy companies. Goodyear removes Ohio as a possible site for its next tire plant. AirBoss of America Corp. lands $15.3 million in orders for specialty boots fo

Source: 中国橡胶网

2015/01/09

2014 Year in Review: July, August

July Ansell Ltd. launches a global restructuring program that will include the closure of its U.S. Hawkeye military glove operation in Eupora, Miss. Bridgestone Corp. buys hose distributor Masthead Industries Ltd. ContiTech A.G. acquires the assets of power transmission belt, hose and metal components distributor Cadna Rubber Co. Inc. Semperit A.G. plans

Source: 中国橡胶网

2015/01/08

2014 Year in Review: May, June

May Industrial hose maker Norres Schlauchtechnik GmbH buys and begins equipping a manufacturing facility in South Bend, Ind. Jaeger Group of Companies starts a $4.5 million investment to boost capacity for its Jaeger-Unitek Sealing Solutions Inc. operation in LaPorte, Ind. Yokohama Rubber Co. Ltd. decides to merge its YH America Inc. and SAS Rubber Co. in

Source: 中国橡胶网

2015/01/07

2014 Year in Review: March, April

March A federal judge in Des Moines, Iowa, orders Titan Tire Corp. and Dico Tire Corp. to pay nearly $3.1 million to the U.S. Environmental Protection Agen-cy for tearing down buildings the EPA said were contaminated with hazardous substances. Goodyear retires its 14-year-old “Spirit of Goodyear” blimp. The emulsion SBR plant in Baton Rouge th

Source: 中国橡胶网

2015/01/06

2014 Year in Review: January, February

January Cooper Tire & Rubber Co. begins the year without a merger with Apollo Tyres Ltd., as the agreement was terminated Dec. 30, 2013. Two weeks later, some investors filed a class action lawsuit against Cooper. Kismet Rubber Products Corp. plans to add a continuous salt bath cure line at its belting plant in Blue Ridge, Ga. Q Holding Co. has an exp

Source: 中国橡胶网

2015/01/05

Bekaert completes purchase of steel cord plants from Pirelli

Bekaert S.A. has completed its acquisition of steel cord plants in Brazil, Italy and Romania from Pirelli Tyre S.p.A., but deals for cord plants in Turkey and China still await final approval from regulatory bodies in those countries, the companies said. Bekaert and Pirelli announced $350 million deal for Pirelli’s tire cord business in February. The

Source: 中国橡胶网

2014/12/31

Michelin to expand German car tire plant

Group Michelin has secured a 753,000-sq.-ft. plot adjacent to its existing tire plant in Bad Kreuznach for an expansion of as-yet undisclosed dimension. Michelin is paying “millions” for the plot, which is part of the “Marshall Kaserne,” a remnant of the U.S. military presence in Germany, according to a report from the city’s e

Source: 中国橡胶网

2014/12/30

Italian imports-exports rubber and plastic machinery experience growth in 2014

Assocomaplast (the Italian trade association, belonging to CONFINDUSTRIA, which groups together some 170 machinery manufacturers) has compared ISTAT foreign trade data for January-September of the current year with data for the same period in 2013 and confirms further growth in both imports and exports. Exports rose by over 4% while purchases from abroad gre

Source: 中国橡胶网

2014/12/29

Honeywell opens glove plant in Nantong, China

Honeywell International Inc, the Fortune 100 diversified technology and manufacturing company, is targeting opportunities from the Chinese government's commitment to increasing energy efficiency and the safety of its workers, said Alex Ismail, the company's president and CEO of automation and control solutions. Speaking at the recent opening of Honeywell'

Source: 中国橡胶网

2014/12/25

India's natural rubber imports jump 19% in November

January is the peak season for natural rubber production in India, but this time monthly output in November was badly hit in the aftermath of a deep crisis in the market. As the local market recorded only Rs 114 for a kg of RSS­4 grade rubber, there is 25% fall in production in November, according to estimates by Rubber Board. The production was just 6,4

Source: 中国橡胶网

2014/12/24

Hankook Tire joins Halla Visteon deal with Han & Co.

Hankook Tire, Korea's No. 1 tire company, will acquire Halla Visteon Climate Control Corp., the world's second-largest automotive climate control system producer, jointly with private equity firm Han & Co. According to investment banking sources on December 15, Han & Co. is at the stage of final negotiation to enlist Hankook Tire as a strategic inv

Source: 中国橡胶网

2014/12/22

China natural rubber prices on Decembe 18

Commodity Sectors Price Date Natural rubber Rubber & plastics 11440.00 2014-12-18 Natural rubber Rubber & plastics 11366.67 2014-12-17

Source: 中国橡胶网

2014/12/19

Bridgestone Secures Incentives for HQ Relocation

Nearly $56 million in tax incentives have been approved for Bridgestone Americas headquarter relocation, reports The Tennessean. The Metro Council voted to give Bridgestone a 100% property tax discount over 20 years for the 30-story tower it plans to build and relocate to in downtown Nashville. The council also approved a grant of $500 per new Bridgestone e

Source: 中国橡胶网

2014/12/18

Goodyear's China public relations campaign honored

Goodyear’s public relations campaign supporting the 2013 launch of the Goodyear Assurance TripleMax tire in China was honored as One of the World’s 50 Best PR Programs at the 2014 Global SABRE Awards, winning in the Specialist Audience: Marketing to Men category. “The Goodyear Assurance TripleMax tire was launched in 2013 and is designed t

Source: 中国橡胶网

2014/12/17

U.S. clears Conti's purchase of Veyance

Continental A.G. has received approval from the U.S. Department of Justice to purchase industrial rubber products maker Veyance Technologies Inc. on the condition that it divest Veyance’s air spring factory in San Luis Potosi, Mexico. Meanwhile, the acquisition has been cleared by antitrust authorities in Canada. Decisions by three other regulatory au

Source: 中国橡胶网

2014/12/16

European solution styrene butadiene rubber prices fall to 27-month lows

European solution styrene butadiene rubber spot prices fell to their lowest level last week since Platts started assessing the market in September 2012 on warmer-than-expected temperatures as the winter-tire season fails to take off, according to sources. The SSBR 5025 price assessment of $1,605/mt FD NWE last week was the lowest level since Platts began ass

Source: 中国橡胶网

2014/12/15

China natural rubber prices on Decembe 11

Commodity Sectors Price Date Natural rubber Rubber & plastics 11253.33 2014-12-11 Natural rubber Rubber & plastics 11300.00 2014-12-10

Source: 中国橡胶网

2014/12/12

Dispute halts Giti plant bidding process

Bidding for construction at Giti Tire’s new plant in Chester County, S.C., has been halted until a lawsuit challenging the process has been resolved. This legal action pulls into question when construction on the plant might begin. On Dec. 1, a circuit court judge issued a ruling prohibiting the county from continuing its bidding process under the ter

Source: 中国橡胶网

2014/12/11

Kumho seeks to rebuild market position, brand image

Kumho Tire USA Inc. hopes to reverse several years of uncertainty and product availability issues starting in 2015 with the launch of six key products, enhanced global production capacities and an energized marketing strategy built around its sponsorship of the National Basketball Association. “We are building our house,” Harry Choi, Kumho Tire

Source: 中国橡胶网

2014/12/10