Elastomer Costs Equal Share Woes for Zeon
Shares in Japanese synthetic rubber manufacturer Zeon Corp. have experienced the largest fall in more than a decade after the company slashed its profit forecast.
Yokohama Sales, Earnings Up
Yokohama Rubber Co. claimed an 88.1% year-over-year increase in net income, to 25.7 billion yen, through the first three quarters of its fiscal year, which ended Dec. 31, 2007.
CTNA Sets 2008Gold Dealer Program
Continental Tire North America has outlined its 2008 dealer program.
Amtel-Vredestein & Sibur Holding Merger Discussions
Amtel-Vredestein appears to be favouring the idea of a merger with Sibur-Russian Tyres.
DuraSeal in New Goodyear Trailer Radial
Goodyear has added its DuraSeal self-sealing technology to a new line haul radial – the Unisteel G316 LHT.
Eight Sue Tire Plant Over Alleged Racism
(Des Moines Register) Eight employees at the Bridgestone/Firestone tire plant just north of Des Moines say co-workers and managers subjected them to years of racial jokes, slurs and threats, which included nooses displayed at work.
Retail Fly-Tipping Costs ≤2 million a Year
Under the banner of “Educating the consumer,” the second annual Tyre Recovery Association (TRA) annual forum took place at the end of January.
Bridgestone Acquires NZ’s Largest Independent Tyre Retailer
Bridgestone has boosted its retail presence in New Zealand through the acquisition of the 19 outlets operated by Tony’s Tyre Service, the country’s independent tyre retailer.
Goodyear to Redeem Notes
Goodyear will redeem all of its outstanding $650 million of senior secured notes due 2011.
JK Tyre BOD Recommends 27% Dividend
Shareholders in JK Tyre & Industries look assured of a healthy return on their investment after the company’s board of directors recommended a dividend of 27% on equity shares for the year 2006-07. Company net profits for the quarter ending December 31, 2007 were Rs 217.4 million (£2.8 million), an impressive increase of 166 per