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
TT News
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
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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.
TT News
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.
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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.
TT News
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