Balancing Act: Hankook Approaches U.S. Market with Equitable Brand Strategy
When H.Y. (Greg) Pae was promoted to president of Hankook Tire America Corp. last December, he brought with him the requisite international experience. More importantly, though, for a company often considered one of the quietest among tiremakers, Pae brought a strong and enthusiastic marketing background. Previously executive vice president of Hankook Tire Co.’s American regions,
Magical Kingdom: Falken Reveals Automated ‘Sun System’ Plant to Dealers in Exotic Thailand
Falken Reveals Automated ‘Sun System’ Plant to Dealers in Exotic Thailand
Lanxess Investing to Meet Asian Tyremaker Needs
(Staffordshire, U.K./Tyres & Accessories) Chemical group Lanxess has plans to expand its global position in the butyl rubber market and is pursuing plans to build a new facility in Asia.
Watts Polymers Sold to Berwin Group
(Staffordshire, U.K./Tyres & Accessories) Watts Industrial Polymers Ltd has been sold to Berwin Group Ltd.
Apollo Considers Expansion of Dunlop SA Plant
(Staffordshire, U.K./Tyres & Accessories) Apollo Tyres is planning a major capacity expansion at its Dunlop South Africa facility, Indian newspapers have reported. The project is expected to go into action in 2008/09.
Tatneft and Conti Sign Tyre Technology Deal
(Staffordshire, U.K./Tyres & Accessories) Russian tyremaker Tatneft has reportedly signed a deal with Continental AG for the purchase of metal cord tyre manufacturing technologies for its Nizhnekamskshina operations.
New Tyre Cord Factory Earmarked for Vietnam
(Staffordshire, U.K./Tyres & Accessories) On June 7, South Korean industrial giant Hyosung Corp. revealed its plans to build a new ≤80 million tyre cord facility in Vietnam by 2010 as part of its drive to expand global production.
Rhodia to Enter Silica JV in China
(Staffordshire, U.K./Tyres & Accessories) French chemical company Rhodia has announced it is entering into a joint venture agreement with the Qingdao Haiwan Group and Qingdao Dongyue Sodium Silicate Company to build a sodium silicate plant in Qingdao, China.
New Cooper Captain Steers Steady Ship
(Staffordshire, U.K./Tyres & Accessories) As Cooper Tire’s motorsports season ramps up, Tyres & Accessories met with Cooper Tire & Rubber Europe managing director Julian Baldwin.
Goodyear Looking at New Danville Research Lab
(Akron/Tire Review) Goodyear and the Institute for Advanced Learning and Research (IALR) are considering creation of a “one-of-a-kind tire performance research laboratory” near the tiremaker’s truck tire plant in Danville, Va.