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Lanxess Records Strong Q3 Sales
November 09, 2021
Lanxess has recorded a strong third quarter with its sales up by 33.5 percent YoY at EUR 1.951 billion, despite a sharp increase in raw material, energy and freight costs. The EBITDA pre exceptionals increased by 44 percent to EUR 278 million in Q3 2021
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Kumho Tire Develops Virtual Simulation Systems
November 09, 2021
Kumho Tire, a leading tyre manufacturer, has developed a new Virtual Compound Simulation (VCS) system through a joint research with Hyosung Information Systems (HIS), a system integration service provider. The development comes as a part of Kumho’s pro
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German Rubber Industry Calls For ‘Dialogue On The Future’
November 09, 2021
The German rubber industry has stressed the need for a ‘dialogue on the future’ concerning the industry to the newly elected German parliament. Boris Engelhardt, Chief Executive of the German Rubber Industry Association (wdk), said, “All parties t
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Hankook Tire Takes Part In TIP CEO Meeting
November 08, 2021
Hankook Tire, a global tyre manufacturer, participated in the recent Tire Industry Project (TIP) CEO meeting to take part in setting agendas for sustainability issues, During the meeting, the CEOs reviewed the work programmes of 2020-2021 and lauded the e
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TIP Launches Toolkit To Promote Circular Economy In ELT Management
November 08, 2021
The Tire Industry Project (TIP) has launched a toolkit to establish a sustainable end-of-life tyre (ELT) management for stakeholders. The toolkit is aimed at creating a circular economy around the almost billion or so tyres that reach their end-of-life e
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Continental Inaugurates Check Dams In Anekal Taluk, Bengaluru
November 08, 2021
As part of its ongoing integrated rural development programme, Continental India has inaugurated check dams in Anekal Taluk, Bengaluru. Continental’s water conservation project includes the construction of a mini reservoir, four check dams and 500 wate
