Tag: Manufacturing

Cabot buys Chinese nanotube supplier for $115 million

13th January 2020 | 0 Comments

On 6 January 2020, Cabot China Limited, a wholly owned subsidiary of Cabot Corporation agreed to buy Shenzhen Sanshun Nano New Materials Co., Ltd, a leading carbon nanotube (CNT) producer in China. The $115 million pricetag reportedly includes “liabilities and contingent payments”. According to the company, the move is designed to strengthen Cabot’s position in the high-growth batteries market, particularly in China, which is the largest and fastest growing electric vehicle market in the world.

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Guizhou Tire begins $350 million construction project on two China factories

7th January 2020 | 0 Comments

Guizhou Tire recently broke ground on two new tyre production facilities near the firm’s headquarters in Guizhou, Guiyang province. According to Asian Rubber Journal reports, when operational, the first - a $307 million plant - is expected to generate nearly $426 million annually. Capacity is salted to be 3 million truck tyres a year.

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SAR Elektronic GmbH and Pelmar Engineering sign sales MoU

SAR Elektronic GmbH and Pelmar Engineering sign sales MoU

7th January 2020 | 0 Comments

SAR Elektronic GmbH and Pelmar Engineering Ltd. recently signed a Memorandum of Understanding between the companies for the sale and distribution to the tyre industry worldwide. SAR manufactures advanced machinery for applications of glue and foam into radial passenger tyres to enhance puncture protection and noise reduction.

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Nokian the first tyre manufacturer to offer “greener” tyre bags

Nokian the first tyre manufacturer to offer “greener” tyre bags

19th December 2019 | 0 Comments

Nokian Tyres is changing its tyre bags to more environmentally friendly ones. Producing bags partially from biomaterial reduces carbon dioxide emissions by up to 75 per cent compared to making bags from virgin or recycled plastic.

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Nynas enters restructuring process

16th December 2019 | 0 Comments

Nynas AB (publ) filed for “company reorganisation” in Sweden at Södertörn's District Court today (Monday 16 December 2019). According to a company statement, Nynas’s banks have refused to continue to extend loans to the company and therefore “Nynas cannot pay due debts forcing the company to apply for a reorganisation”.

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NeroForce appointed Akarmak European distributor

NeroForce appointed Akarmak European distributor

12th December 2019 | 0 Comments

Recently founded retreading machinery supplier NeroForce (based in Leipheim, Southern Germany), has been appointed as exclusive European distributor of Akarmak machines throughout the continent.

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Dunlop Aircraft Tyres considering Indonesia factory

Dunlop Aircraft Tyres considering Indonesia factory

5th December 2019 | 1 Comment

Dunlop Aircraft Tyres Ltd (DATL) is planning to invest 1 trillion rupiah (£54.14 million; 64 million euros; US$70.92 million) in an aircraft tyre retreading factory in Karawang, West Java, Indonesia. According to several local news sources, the retreading factory will be followed by a new aircraft tyre production plant as well.

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Hubei Linglong initiates truck tyre production

Hubei Linglong initiates truck tyre production

3rd December 2019 | 0 Comments

Hubei Linglong Tire Co. Ltd., Linglong Tire’s fourth domestic Chinese manufacturing base, celebrated the production of its first truck tyres on 21 November. Dignitaries from Jingmen, Hubei, China, and Hubei Linglong Tire witnessed this historical moment together.

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Decennial shift in global PCLT tyre volume market share

Decennial shift in global PCLT tyre volume market share

29th November 2019 | 0 Comments

The latest global tyre market share figures from tyre industry analyst Astutus Research show how long-established, leading players headquartered in Japan, Europe, and North America have seen their volume share diminish, while Chinese, ASEAN, and selected other markets’ tyre manufacturers’ share has risen. The analyst states that in aggregate, the ten leading PCLT tyre manufacturers based in Japan, Europe and North America (J-E-NA) have lost almost 6 percentage points of market share since the end of 2011 (OE and replacement segments combined, volumes in tyre units). In part this reflects a strategic choice of some to focus on the higher value premium segments of the market.

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UK commercial vehicle production stable in October – SMMT

UK commercial vehicle production stable in October – SMMT

28th November 2019 | 0 Comments

The Society of Motor Manufacturers and Traders (SMMT) reports that UK commercial vehicle (CV) production was down -0.2 per cent in October, with 9,065 units manufactured. Output destined for some crucial overseas markets was up 9.3 per cent, though production for the domestic market fell -8.5 per cent with demand weakening.

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First TBR tyre produced by Cooper, Sailun Vietnam JV

27th November 2019 | 0 Comments

The joint venture between Cooper Tire & Rubber Company and Sailun Vietnam Co, Ltd has produced its first tyre. ACTR, facility located near Ho Chi Minh City, Vietnam.

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Bridgestone and Delta-Energy partner in recovered carbon black project

25th November 2019 | 1 Comment

Bridgestone Americas and material recovery company Delta-Energy have announced the first full-scale use of recovered carbon black (rCB) in the tyre market, according to the two companies.

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Klarius wins prestigious manufacturing excellence award

Klarius wins prestigious manufacturing excellence award

12th November 2019 | 0 Comments

Klarius has been presented with the Northern Automotive Alliance’s Manufacturing Excellence Award. The award was presented by Jaguar Land Rover and followed a detailed application that focussed on continuous improvement (CI) and a quality driven culture at the company’s manufacturing plant in Cheadle near Stoke-on-Trent, Staffordshire.

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Ricardo invests in £1.5m spiral bevel grinder

11th November 2019 | 0 Comments

Investment by Ricardo in leading-edge gear manufacturing machine tools has improved productivity and extended capability, as the recent investment of £1.5m in a Klingelnberg spiral bevel grinder has begun delivering market ready components. The manufacturer states that the new investment underlines its "commitment to meeting the needs of its customers for high performance transmissions."

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