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Fortune Tire Tech opens new tyre retreading plant in Odisha, India
June 16, 2021
Fortune Tire Tech Limited, the Hyderabad-based tyre retreading company, is set to open its new plant at Lakhanpur in Jharsuguda district, Odisha, India. A tete-a-tete with Chairman Vijay Pal Reddy highlighted the company’s vision and the challenges in t
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NTE Process: Artificial Intelligence Leads To Green And Efficient Technologies?
June 16, 2021
The dense phase pneumatic conveying systems are equipped with the patented Air Assist technology and are the best - according to our customers - for primary products for tyre production ensuring the integrity of carbon black and silica pellets (fines < 1%
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Toyo Tires Announces 8.5 Percent Price Hike For All Its Tyres
June 15, 2021
Toyo Tires has announced a surge in dealer base price across all its tyres. The 8.5 percent price hike, effective from 1 August 2021 and applicable for all Toyo tyre categories, is a result of the continued escalation of raw materials and logistics costs.
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JK Tyre Decreases Net Debt, Pays Off INR 930 Crore In FY 21
June 14, 2021
JK Tyre has reduced its net debt by INR 930 crore in FY 2021, through higher cash accruals and better working capital management. The tyre manufacturer managed a 17 percent decrease in the net debt and also reduced the finance cost by approximately 15 pe
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ANRPC Releases Natural Rubber Trends For May 2021
June 14, 2021
The Association of Natural Rubber Producing Countries (ANRPC) released the natural rubber trends for May 2021, based on the preliminary estimates. The association said that natural rubber production is expected to grow by 5.8 percent on a Y-oY basis, reac
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Koelnmesse Appoints Catja Caspary As VP Marketing Communications
June 11, 2021
Koelnmesse has appointed Catja Caspary as Vice President Marketing Communications effective immediately. Caspary will replace Jochen Dosch, who departs from the company after 22 years to pursue new professional challenges. Caspary, who joined Koelnmesse
