1. Nokian reports higher sales in 2005
Nokia, Finland -- Nokian Tyres’ net sales in 2005 were up by 13.8 percent on the previous year to Euro 686.5 million (2004: Euro 603.3 million). Operating profit was at the previous year’s level at Eu...
28 February 2006
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2. DSM says 'profits restored' in elastomers unit
Geleen, The Netherlands — DSM said its 2005 results were strong, but that volumes in the elastomers business declined, following the closure of two EPDM plants. In its annual statement for financial y...
28 February 2006
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3. Tenneco to make elastomer-based NVH parts in China
By Liz White, ERJ staff
Shanghai, China—Tenneco Inc. announced 27 Feb that it is setting up a wholly owned elastomer component facility in Suzhou, China, as part of an expansion of its operations i...
28 February 2006
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4. Lanxess expanding TMQ production at Brunsbüttel by a third
By Liz White, ERJ staff
Leverkusen—Lanxess is to raise capacity of its antidegradant TMQ (2,2,4-trimethyl-1,2-dihydroquinoline, polymerised), at its world-scale facility in Brunsbüttel, Germany, the ...
28 February 2006
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5. News from elsewhere on the web 27/Feb/06
London--The following links showed up in our daily search for news on the web. Readers might be interested to read these news stories.
ERJ editorial staff strongly advises readers to heed the warn...
27 February 2006
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6. Ford shops parts plants to Chinese
By Alysha Webb, Automotive News
Shanghai, China — Ford Motor Co. is shopping some North American parts operations to a major Chinese supplier, Wanxiang Group, say sources familiar with both compani...
27 February 2006
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7. ‘Roll-up’ suppliers are rolling downhill
Robert Sherefkin, Automotive News
A strategy that fueled massive consolidation of the US automotive supply base in the 1990s has come unhinged. After some heady success in the early years, the "r...
27 February 2006
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8. Carmakers see partnerships as a cure for supplier problems
Alex Graham, Automotive News
Automaker purchasing executives are increasing efforts to collaborate with partsmakers to overcome the stress of rising prices, supplier overcapacity and competitive ...
27 February 2006
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9. Titan sales rise 2 percent in 2005, despite loss in Q4
Quincy, Illinois — Titan International, Inc. reported a small increase in sales for the 12 months to December 2005. Likewise, profits rose very sightly, despite making a loss in the fourth quarter.
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27 February 2006
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10. Xerium buys roll coverer Coldwater Covers
By Liz White, ERJ staff
Westborough, Massachusetts—Xerium Technologies Inc., which owns roll coverer Stowe Woodward, announced 22 Feb that it had bought polyurethane roll coverer Coldwater Covers I...
24 February 2006
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