Michelin’s 2024 Outlook Dims Amid Market Challenges
Michelin’s 2024 Outlook Dims Amid Market Challenges
  • October 24, 2024

Michelin Group has lowered its 2024 financial forecast due to a challenging market environment. Despite a decline in sales, the company remains committed to its strategy of focusing on high-value segments. The downturn was primarily attributed to a declin

Representational Photo
US Increases Anti-Dumping Duties on Thai TBR Tyres
  • October 24, 2024

The U.S. Department of Commerce has imposed anti-dumping duties on truck and bus tires imported from Thailand. Duties ranging from 12.33% to 48.39% will be imposed on imports from Bridgestone Corporation, Prinx Chengshan Tire (Thailand) Co., Ltd., and oth

Aeolus Tyre Launches 37.00R57AGO1 PRO Tyre For Heavy-Duty Mining Dump Trucks
Aeolus Tyre Launches 37.00R57AGO1 PRO Tyre For Heavy-Duty Mining Dump Trucks
  • October 24, 2024

Aeolus Tyre, a subsidiary of Sinochem Holdings, unveiled its new 37.00R57AGO1 PRO tyre at its Jiaozuo facility for heavy-duty dump trucks used in the mining industry.

Vipal Rubber Launches New Tread For Drive And Trailer Axles
Vipal Rubber Launches New Tread For Drive And Trailer Axles
  • October 23, 2024

Vipal Rubber has launched its new tread, the DV-MM, for trailer axles and moderate drive axles. The new tread (available in five size-widths from 226 to 258 mm) is recommended for single axle tractor trucks and medium duty trucks with tandem axle.

Goodyear
Goodyear India Posts INR 210 Million Profit Before Tax For Q2 FY2025, Down 58% YoY
  • October 23, 2024

The tyre major states that the earnings were under pressure on the back of lower volume and raw material inflation.

VMI Revolute Wins Future Tire & Rubber Award 2024
VMI Revolute Wins Future Tire & Rubber Award 2024
  • October 23, 2024

The VMI Revolute has been recognised as a joint winner in the Plant Automation category of the European Rubber Journal’s Future Tire & Rubber Awards (FTR Awards) 2024. This award underscores the company’s significant advances in product automation and