Japanese SBR Producers Setting Up in Singapore
According to a Nov. 28 article in Japan’s Nikkei newspaper, two Japanese chemical companies, Asahi Kasei Corp. and Zeon Corp., intend to establish synthetic rubber plants in Singapore to cater for growing demand for low rolling resistance tires. Asahi Kasei will set up a high-function-rubber plant – its first synthetic rubber production facility outside of
Pirelli to Invest $100 Million More in Brazil, Latin America
Worldwide, Pirelli anticipates its specialized tire segment to expand a total of 7.5% over the next three years, and growth in Latin America and particularly Brazil is expected to be far stronger. The Italian manufacturer estimates sales of construction, digging and mining vehicle tires in these two markets to increase by 25% and 37%, respectively,
Michelin to Invest ≤887 Million in India
It is cutting back in France, yet planning big in India – Michelin is reportedly planning to invest some Rs 70 billion (≤887 million) there over the next decade.
Michelin to Invest Heavily in India
(The Economic Times) In what would be one of the largest FDI inflows into the country, Michelin & Cie, the world’s second-largest tyre maker, is looking to invest up to Rs 7,000 crore ($1.48 billion) in India over a 10-year period to make and market radial tyres and tubes in the country.
Scrap Cap ‘n Trade Plan, Truckers Tell Congress
(Today’s Trucking) A cap-and-trade mandate in the U.S. would impose significant costs on truckers and jeopardize their businesses, American Trucking Associations First Vice Chairman Tommy Hodges told a Congressional Committee.
Obama Administration Makes New Fuel Mileage Standards
(Aftermarketnews.com) The Obama Administration yesterday brokered what has been called a “historic” agreement to increase the fuel efficiency of new vehicles to 35.5 miles per gallon by 2016.
Outline of New Rolling Resistance and Noise Requirements
A new European Union regulation “concerning type approval requirements for the general safety of motor vehicles,” regulation 316, was recently voted on and passed by a large majority in the European Parliament.
Superior Customer Service
In the history of the world, the topic of customer service might not generate as much enthusiasm or interest as, say, global terrorism. But don’t tell that to a businessman – especially a tire dealer – who is battling a badly strained economy for his own survival in the marketplace. These days, businesses will “go
India: New Hub of the Automotive Industry
(Akron/Tire Review) India’s car market has emerged as the fastest growing in the world.