Update: Amtel-Vredestein in Talks With Continental
(Clacton, U.K./Tyres & Accessories) Only weeks after it emerged that Continental AG was discussing a possible purchase of Slovakian tyremaker Matador Rubber, reports have surfaced that Continental’s eastward movement could now include purchasing the majority stake of Amtel-Vredestein.
ETRMA Seeks to Influence EU Decisions
(Clacton, U.K./Tyres & Accessories) Earlier in the year, the European tyre and rubber industry formed the ETRMA as a successor to BLIC.
Update: Bridgestone Considering Russia Factory
(Clacton, U.K./Tyres & Accessories) Japan Bridgestone Corp. is considering building a new tyre factory in Russia, where car production is up almost 10% in the first half of 2006.
Tiremaker Shares Gain as Rubber Costs Decline
(Akron/Tire Review – Bloomberg) Rubber planters in Asia are tapping trees faster than ever, pushing down prices and helping a recovery in shares of tiremakers Bridgestone Corp., Groupe Michelin and Goodyear Tire & Rubber Co.
The ‘Fast Follower’: Alliance ‘Loves’ Niche Markets
(Clacton, U.K./Tyres & Accessories) This year’s Reifen Messe Essen saw Alliance Tire share its stand with exclusive German marketer, Bohnenkamp.
European Tyre and Rubber Manufacturers Form New Association
(Clacton, U.K./Tyres & Accessories) European Tyre and Rubber Manufacturers have held the first meeting of the newly formed European Tyre & Rubber Manufacturers’ Association or ETRMA.
European Manufacturer Association Changes Its Name
(Akron/Tire Review) The former BLIC (Bureau de Liaison des Industries du Caoutchouc) has changed its name to European Tyre and Rubber Manufacturers Association (ETRMA).
Vianor and Amring to Cooperate in Sweden
(Clacton, U.K./Tyres & Accessories) The Nokian-owned Vianor AB tyre retail chain is to partner with Amring Verkst
Sibur to Strengthen Strategic Direction of its Tyre Holding
(Clacton, U.K./Tyres & Accessories) Sibur-Russian Tires’ (SRT) current restructuring programme brings with it a lot challenges.
An Example of Dutch Wholesaling
(Clacton, U.K./Tyres & Accessories) Once again, Dutch tyre wholesaler De Klok Banden will be present at the Reifen 2006 exhibition in Essen.