Business News

Toyo Tires recently announce that it is now the Original Equipment tyre manufacture of choice.

The Toyo Tire Corporation has announced the closure of the Silverstone Berhad manufacturing facility in Perak by June 2021

Sumitomo Rubber Industries, Ltd (SRI) have established a groundbreaking new technology for detecting tyre wear levels.

Caterpillar has awarded BKT's Bhuj plant SQEP (Supplier Quality Excellence Process) Gold certification.

Ending a difficult year, Goodyear showed areas of loss and areas of increasing growth, with total year sales down 16% and tyre unit volumes down 19%. However, whilst the segment operating sector for the whole year reduced by $14 million, it rose substantially during the last quarter, showing room for optimism.

Featuring VF technology, BKT’s flotation tyre, dedicated to agricultural trailers, supports more sustainable work in the field. 

The BKT AGRIMAX tyre, created to improve the performance of high-powered tractors, will soon be available in 22 different sizes. All the new sizes are equipped with VF technology. 

Hankook Tire have maintained strong results in an uncertain year, with the key takeouts being a 15.5% increase in global operating profit, amounting to KRW 628 billion (Eur 466 million), as well a 3% rise on high-inch tyres of 18 inches and above. Overall global sales also hit KRW 6.454 trillion or (EUR 4,794 million).

Bridgestone teams up with Kirin to improve guayule-derived natural productivity recently.

Yokohama Rubber has announced that its Geolandar CV G058 won the 2020 Good Design award in the transportation category from the Chicago Athenaeum.