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Toyo Tires Announces Price Hike
December 16, 2021
Toyo Tire U.S.A. Corp. (Toyo Tires) has announced an increase in dealer base prices on the passenger car, light truck and commercial truck tyre patterns by up to 10 percent. The price change will be effective from 1 February 2022.The company confirms that
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Yokohama Rubber To Establish Joint Venture Tyre Sales Company In Malaysia
December 16, 2021
Yokohama Rubber has announced that it will be establishing the joint venture, Yokohama Tyre Sales Malaysia, along with YHI International Limited (YHI), the exclusive distributor of Yokohama tyres in Southeast Asia and its subsidiary YHI (Malaysia) Sdn Bhd
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Brisa Acquires Arvento Mobile Systems
December 15, 2021
Brisa, a leader in the Turkish tyre industry, has acquired 88.89 percent capital shares of Arvento Mobile Systems (Arvento) for USD 19.84 million in line with the strategic visions of its shareholders Bridgestone and Sabancı Holding. Through this acqui
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Inflation Inflates Tyre Prices
December 14, 2021
Another aggravating factor is the disruptions in supply chain due to Covid-19. Consequently, oil prices are at a seven-year high. Natural gas prices have nearly doubled in six months. Petrol prices in many locations are north of USD 4 a gallon. Cotton pri
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Lanxess Receives 'A' Rating From CDP
December 14, 2021
Lanxess, a speciality chemical manufacturer, has been included in the 'Climate A List' by CDP, an independent non-profit organisation that conducts climate protection initiative assessments for corporations. Companies that report transparently and compreh
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Retreading Tyres To Save Resources
December 14, 2021
Some airlines may pay for their tyres by the retreads. There is an initial payment for the virgin tyre, and then a subsequent payment for the initial retread and further payments until the tyre account is settled. If the tyre fails prior to the final paym
