Ceat Plans Radial Tyre Facility
(Hindu Business Line) Ceat Ltd. has reportedly finalised plans to set up a 3.6 million unit radial tyre facility at an estimated cost of Rs 500 crore.
Bandvulc Invests In Shearography Machine
Bandvulc Tyres Ltd. recently took delivery of a new high speed shearography machine from Steinbichler in Germany.
Kumho Signs Civil Aviation Agreement with US
Kumho’s long awaited breakthrough in the area of civil aviation arrived on Feb. 19.
Moody’s Downgrades Conti’s Long-Term Rating
Moody’s Investors Service has downgraded the long-term rating of Continental AG and its units to ‘Baa2’ following the company’s marked increase in debt and leverage resulting from the 11.4 billion euro acquisition of the Siemens VDO unit.
Goodyear Settles Minority Shareholder Unease in Poland
A prolonged disagreement between Goodyear and the largest minority shareholder in its Polish TC Debica operation has been resolved.
Be Tire Smart Kit Available Online
Tire dealers and automotive service professionals who want to help educate motorists about proper tire care can download a free Be Tire Smart Resource Kit.
Training Dates Set
The Illinois/Indiana Tire Dealers Association has scheduled ATS/TPMS and CTS training for the upcoming spring months.
Foundation Stone Laid for New Apollo OTR Plant
Yet another new chapter in the history of Apollo Tyre’s impressive growth was written on February 25 at a foundation stone laying ceremony for the company’s new OTR tyre production facility.
Pirelli Signs Research Agreement
On February 22 the Pirelli Group signed an agreement to collaborate with Italy’s Piedmont Region, Turin Province, the Municipality of Settimo Torinese and the Politecnico di Torino University in the development of programmes for research and innovation; specifically, the agreement covered the building of a new Pirelli industrial complex in the territory of Settimo Torinese.
Conti Discusses South Africa Power Saving Programme
At its South African operations Continental Tyre SA has, over the course of three years, introduced a range of schemes that have seen power consumption reduced by 10%. The company recently shared details of its activities in this area.