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Goodyear to “Aggressively Capitilise” on Opportunities

Goodyear Tire & Rubber’s chairman has commented on company plans to further reduce costs by buying more of its equipment, raw materials and tyres from China. These remarks came at Goodyear’s annual shareholders meeting. Chairman and CEO Robert Keegan said the company is exploring additional ways in which it may eliminate production it considers high cost: “This initiative will accelerate over the next two years,” he said.

Goodyear Spokesman Keith Price added that the company saved about US$35 million last year by buying equipment, raw materials and low-end tyres from third parties in China. The company’s plans do not include expanded tyre production in China or additional plants to its facility in Dalian.

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Tyres Get the Handbag Treatment

A US handbag manufacturer has given tyres the handbag treatment in a bid to make changing nappies a bit more macho. Accessories firm Passchal specialises in producing products from recycled materials and has now designed a “Dad’s baby bag” made from recycled inner tubes, trimmed with hemp, and fitted with a battery operated light. Designer Angela Greene told Reuters the inspiration for the bag came after a female client asked if she could make a baby bag for her husband to use. The “Dad’s baby bag” is priced at about US$175 and is the latest in a line of bags that Passchal is producing using truck and tractor tyre inner tubes.

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Rösler Introduces Brand New OTR Tyre

Hearing that the Rösler group has grown strongly in recent years is nothing new. In Essen two much more groundbreaking announcements were made, which show the determination with which the company is chasing its goals. The Rodos business unit for example now not only offers a wide assortment of retreaded OTR tyres, but also new OTR tyres under a new brand. The product is called WinStone and will be offered in the follow radial tyre sizes: 17.5 R25, 20.5 R25, 23.5 R25 and 26.5 R25. Tyres up to 49 inches could also be added soon, managing director Paul Rösler junior explains. The same sizes will be available as cross-ply tyres.

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