Hankook UK sales director Barrie Horrocks passes away
Hankook Tyre UK sales director Barrie Horrocks passed away on 19 February, following a battle with cancer. The company with whom Horrocks worked for the last 12 years released a statement recognising his “significant contribution to the growth of the company”. Hankook added that he would be deeply missed by all at company and by […]
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Stirred up for growth – Apollo Vredestein prepares for a greater European presence with new tandem mixer
Yesterday, Apollo Vredestein introduced an addition to its Enschede factory that will save energy and costs and at the same time enable the company to manufacture the products it plans to introduce in coming years. The new ‘Mixer 8’ tandem mixer was officially brought into operation by Apollo Tyres’ chairman Onkar Kanwar together with Drs Theo W. Rietkerk, who is responsible for economy, energy and innovation within the government of Overijssel Province in The Netherlands.
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Hankook, Lanxess join forces for synthetic rubber development
Hankook Tire and German specialty chemicals firm Lanxess will work together on the development of synthetic rubber technologies for use in high performance tyres. The details of the two companies’ collaboration were laid out in a Memorandum of Understanding signed on 26 February. Under the agreement, Hankook and Lanxess will jointly work to expedite the development of synthetic rubber grades for high performance tyres. Lanxess says the MoU builds on the ties it has maintained with Hankook since 2008, when the tyre maker awarded it a long-term contract to supply solution styrene-butadiene rubber (S-SBR) and neodymium performance butadiene rubber (Nd-PBR).
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Conti dandelion rubber nominated for GreenTech award
Together with the Fraunhofer Institute for Molecular Biology and Applied Ecology (IME), Continental has gained a nomination at the GreenTec Awards 2014 for the joint “Rubin” project. The project, which focuses on the industrialisation of rubber sourced from dandelions, is one of three nominees in the ‘Automobility’ category, one of 14 awards categories. On 25 February, the awards jury will decide on the podium positions for the three finalists in each category, and the awards will be given out on 4 May at the start of IFAT, the worlds leading trade fair for water, sewage, waste, and raw materials management.
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UK car production down 0.3%
Analysts are expecting growth in UK car output during 2014 and beyond as newly introduced models move to full-scale production. This all comes despite a 0.3 per cent dip in output during the January 2014 compared with January 2013. Exports are also said to be showing signs of recovery, with around 50 per cent of exports go to EU.
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Nexen makes little progress in 2013
In the previous financial year, Nexen Tire only managed to slightly increase its global turnover. The third-largest Korean tyre maker reported a 2013 turnover of KRW 1.73 trillion (£973.38 million), just 1.3 per cent higher than in 2012. Income also came under pressure. While operating profit amounted to KRW 177 billion (£99.38 million) and lay 1.9 per cent below the previous year’s result, net profit decreased 7.8 per cent to KRW 124 billion (£69.63 million).
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Paraguay presidential meeting a prelude to Pirelli presence
Pirelli intends to establish an office in Paraguay, and may use this as a starting point for establishing a greater presence within the country. The official website of the President of Paraguay, Horacio Cartes, reports that the head of state met with Pirelli Latin America executive president Paolo Dal Pino at the Government Palace in Asunción yesterday. Dal Pino was accompanied by Italy’s ambassador to Paraguay, Antonella Cavallari.
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Tyre customers to benefit from added SSBR capacity, says Styron
Rubber and plastics manufacturer Styron announced today that Solution Styrene Butadiene Rubber (SSBR) capacity at one of its production lines will double after the company reached an agreement with material supplier JSR to acquire its current production capacity rights. JSR currently holds capacity rights to 50 per cent of one production line at Styron’s facility in Schkopau, Germany, however under the agreement Styron will regain full capacity rights as of 1 April 2014.
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