Apollo Tyres Establishes Female Rubber Sheet Making Unit
To mark International Women’s Day, Apollo Tyres established its rubber sheet making unit, for rubber tapper’s wives, run at Vellavoor Panchayat in Kottayam, Kerala, India.
Apollo Tyres Named One of India’s Best Workplaces
The Great Place to Work Institute has identified Indian tiremaker Apollo Tyres Ltd. as one of the country’s best workplaces in manufacturing for 2018.
Apollo Tyres Lays Foundation Stone for 7th Global Manufacturing Facility
The foundation stone of Apollo Tyres’ modern global scale manufacturing facility was laid this week in Andhra Pradesh by Shri N. Chandrababu Naidu, chief minister of the Indian state.
Apollo Tyres and RRI Receive Patent for New Rubber Compound
Apollo Tyres Ltd. and the Rubber Research Institute of India have teamed up to develop a new type of natural rubber that can substitute for expensive imported artificial compounds needed for high performance tires. The newly-patented compound should lower costs for Apollo Tyres’ line o high-performance tires.
Report: Apollo Tyres Joins Race to Acquire Kumho
Indian tire manufacturer Apollo Tyres has reportedly joined the race to acquire Kumho Tire in a $900 million deal, according to the Indian news outlet The Economic Times. Just last week, Reuters reported that 10 different parties expressed interest in purchasing the controlling stake of Kumho Tire Co., according to an industry source. Interested parties are
Report: Apollo Tyres Linked to Panama Papers, Denies Illegal Activity
Apollo Tyres has denied violating any laws after promoters of the company were named in the leaked documents of the Panama law firm Mossack Fonseca, better known as the “Panama Papers,” The Times of India reports. The papers leaked from the law firm list prominent figures associated with firms in tax havens. According to the
Francesco Gori Named Apollo Tyres Director
Former Pirelli Tire CEO Francesco Gori has been appointed an additional, non-independent company director of Apollo Tyres’ management board, Tyres & Accessories reports. Gori joined Apollo Tyres as advisor of strategy in Oct. 2015. Apollo Tyres made the decision during the company’s board meeting on Feb. 9. The company also appointed Vinod Rai, former comptroller and auditor general of India,
Apollo Tyres Christens India’s First ‘Go the Distance’ Soccer Field
Apollo Tyres, in association with Manchester United, opened India’s first “Go the Distance” soccer field in Powai, Mumbai. Satish Sharma, president of Asia Pacific, Middle East & Africa for Apollo, and Bryan Robson, former captain of Manchester United, inaugurated the pitch by kicking the first soccer ball. Made 100% of recycled rubber, the Go the
Apollo Tyres Acquires Reifencom
Apollo Tyres has acquired the German tire distributer – Reifencom GmbH – for 45.6 million euros. Reifencom is one of Germany’s largest tire distributers, operating 37 stores and service centers across Germany. The company also has an online presence in Germany, France, Italy, Austria, Switzerland and Denmark. “The acquisition is a strategic fit in further
Apollo Tyres Plans U.S. Expansion
India tiremaker Apollo Tyres is looking to expand its business in the United States as it aims to become less dependent on its domestic market and have a more global presence, Reuters reported. After failing to buy U.S. Cooper Tire & Rubber Co. two years ago, Apollo has been considering hiring a sales team to
