Latest News

Amtel shares go to private investors for $34.2 million
Added: 7 Oct 2004
By Liz White, ERJ staff
Moscow-Amtel has sold ten percent of its outstanding shares to more than 20 …

Degussa expands Brazilian carbon black plant
Added: 7 Oct 2004
Frankfurt, Germany--Degussa AG has announced plans to expand its two-year-old carbon black factory …

FT reports on Michelin and Paris show
Added: 6 Oct 2004
London--The Financial Times has two long reports from the Paris auto salon, one looking at runflat …

Bridgestone to build steelcord plant in China
Added: 6 Oct 2004
Tokyo--Bridgestone Corp. has announced plans to build a steel cord plant in Shenyang, China. The co…

Specialty Tires to add radial capacity at Pa. plant
Added: 6 Oct 2004
INDIANA, Pa. (Oct. 5)--Specialty Tires of America Inc. plans to invest about $1 million in equipmen…

Pendle Polymer expands to £4.5-million turnover operation
Added: 5 Oct 2004
By Liz White, ERJ staff
Colne, UK-UK rubber part maker Pendle Polymer Engineering Ltd has boosted it…

Conti lays cornerstone for Brazil tyre plant
Added: 5 Oct 2004
Hanover, Germany--Continental AG has laid the cornerstone for its next tyre plant. It wil be in Cam…

Gates to exit airspring business, sell assets
Added: 5 Oct 2004
Denver, Colorado--Gates Corp is exiting the airspring business and plans to sell its assets in that…

Trelleborg buys Norwegian pipe seals maker
Added: 5 Oct 2004
By Liz White, ERJ staff
Trelleborg. Sweden-Trelleborg Group is to expand its aftermarket sales for p…

JK Tyre plans to enter 2- and 3-wheeler market in India
Added: 5 Oct 2004
Mumbai, India--JK Tyre plans to enter the fast-growing Indian two- and three-wheeler tyre sector, a…

Michelin to help Chinese steelcord producer
Added: 5 Oct 2004
Paris--Groupe Michelin has reportedly signed a partnership agreement with a Chinese steel producer …

Daikin buys US fluoroelastomer compounder - report
Added: 5 Oct 2004
Tokyo--Daikin Industries Ltd has reportedly bought US-based fluoro-elastomer compounder, Cri-Tech T…

Degussa U.K. pleads guilty to price-fixing in organic peroxides
Added: 5 Oct 2004
WASHINGTON (Oct. 4)--Degussa U.K. Holdings Ltd. has agreed to plead guilty and pay a $1.5 million f…

Goodyear breaks ground at Kelly's Fayetteville site
Added: 4 Oct 2004
Fayetteville, North Carolina--Goodyear Tire and Rubber has broken ground on two expansion projects …

Goodyear cuts 250 jobs at Union City, Tennessee
Added: 4 Oct 2004
Paducah, Kentucky--Goodyear Tire and Rubber has announced plans to cut a further 250 jobs from its …

Dichtomatic adds O-ring business with American Seal acquisition
Added: 4 Oct 2004
Plymouth, Michigan--Freudenberg-NOK has acquired the assets of American Seal Inc. of Houston. Term…

Keegan brings in former colleague to lead Goodyear's Asian division
Added: 4 Oct 2004
Akron, 3 October--Goodyear Tire and Rubber has announced that Pierre Cohade will take over from Hug…

Nokian sells bicycle tyre unit to Teknikum Oy
Added: 4 Oct 2004
NOKIA, Finland (Oct. 1)--Nokian Tyres P.L.C. is selling its bicycle tyre business to a new business…

Surgical glove market undergoes price war
Added: 1 Oct 2004
London--A survey of the European surgical glove market has revealed that it is currently undergoing…

Metro begins shipping tyres under 'Metro-Continental' brand
Added: 1 Oct 2004
Chennai, India--Metro Tyres Ltd. has started shipping "Metro-Continental"-brand tyres for two-wheel…