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Sinochem Group And ChemChina Establish Sinochem Holdings Corporation
May 18, 2021
Sinochem Group Company Limited and China National Chemical Corporation Limited (ChemChina) have established Sinochem Holdings Corporation Limited (Sinochem Holdings) through joint restructuring. Headquartered in Beijing, Sinochem Holdings employs more th
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Members Of WBCSD’s Tire Industry Project Launch Sustainability Roadmap
May 18, 2021
The members of World Business Council for Sustainable Development’s (WBCSD) Tire Industry Project (TIP) have launched the ‘Sustainability Driven: Accelerating Impact with the Tire Sector SDG Roadmap ’elaborating ways to accelerate tyre value-chain i
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TVS Srichakra Launches Eurogrip Two-Wheeler Tyre Range For The European Market
May 17, 2021
TVS Srichakra has launched its new range of Eurogrip two-wheeler tyres, thereby making its foray into the European market. The first product launched under this range is the ‘Eurogrip Bee Connect’ scooter tyre, which will be available in 40 different
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Yokohama Acquires ITR CEE Spółka To Expand in European
May 14, 2021
Yokohama Europe GmbH signed an agreement to acquire a 100% equity stake in Poland’s ITR CEE Spółka z.o.o., a wholesale distributor engaged in the import and sale of the company’s tyres in central and eastern Europe. The acquisition is scheduled to
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Cavendish Ind’s FY21 sales, EBITDA Surge
May 14, 2021
Cavendish Industries, a subsidiary of JK Tyre, reported an increase of 16 percent y-o-y in sales to INR25.71 in FY20-21 on the increased volume in all categories.
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Robust Performance In Q4 Cushions Apollo Tyres FY21 Results
May 13, 2021
The company’s net profit for the quarter ended March 31, 2021 surged to INR 2.89 billion from INR 789 million in the same quarter of the previous fiscal. Net profit for FY21 rose to INR 9.85 billion from INR 4.76 billion in FY20.
