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Former Bridgestone India Head Parag Satpute Joins Greaves Cotton As MD & Group CEO
January 27, 2025
He started his career with Sandvik as a Product Manager in 1997, and by 2014, he had become MD and Chairman of the Board (subsidiaries) for India operations.
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China National Tire & Rubber Co Eyes Egypt Expansion with New Tyre Factory
January 27, 2025
China National Tire & Rubber Co. plans significant investments in Egypt, doubling heavy-duty tyre production at its Alexandria factory and establishing a new passenger car tyre manufacturing facility on an adjacent 180,000-square-metre plot. The current f
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Orion S.A. Forecasts Slight EBITDA Shortfall, Initiates Workforce Reduction
January 26, 2025
Orion S.A. anticipates 2024 adjusted EBITDA slightly below its $305–$315 million guidance due to FX impacts, cost reduction initiatives, and softer Rubber segment demand.
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Bridgestone to Close Tennessee Tyre Plant, Cut Workforce as Part of Optimisation Plan
January 26, 2025
Bridgestone Americas will shut down its LaVergne, Tennessee, truck and bus radial tyre plant by July 2025, affecting 700 jobs as part of a cost-cutting strategy. The move aligns with its Mid Term Business Plan (2024-2026) to streamline operations and opti
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JK Tyre And Delhi Traffic Police Organise Road Safety Awareness Week
January 24, 2025
Leading tyre manufacturer JK Tyre & Industries Ltd teamed up with the Delhi Traffic Police to host an extensive Road Safety Awareness Week. This initiative was part of National Road Safety Month (1–31 January 2025) observed by the Ministry of Road Trans
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LANXESS Excels In Sustainability Ratings
January 24, 2025
LANXESS has ranked highly in a number of sustainability evaluations. With 79 out of 100 points, the speciality chemicals firm was placed top in the ‘Chemicals’ category of the Dow Jones Sustainability Index (DJSI) Europe. LANXESS placed fourth in the
