Recently added articles from European Rubber Journal:
Bridgestone to withdraw from marine hose business - finds cases of other bribes; * No more marine hose. * Similar findings in rubber dam, marine fender units.(News)
Mar 01, 2008 ... Byline: David Shaw Bridgestone Corp has said it will no longer take new orders in the marine hose business segment. The decision, announced by Bridgestone president, Shoshi Arakawa, follows investigations into allegations of bribery and corruption in the marine hose and marine ...
briefs.
Mar 01, 2008 ... French company organises 2-day event on technical rubber Argenteuil, France - French silicone rubber processor, company Chevalier-Cleret Coutchouc is organising a two-day event where rubber experts can discuss some technical issues of over-moulding and the use of silicone. ...
Michelin posts strong results - even stronger cash-flow; * Growth limited by tyre factory capacity * R&D budget falls.(News)
Mar 01, 2008 ... Byline: David Shaw Michelin has posted strong results for the 12 months ended 31 Dec., 2007. Volumes were up by 3.2 percent, sales were up by 3.0 percent, and 6.5 percent on a like-for-like basis. Operating income rose 22.9 percent, while net debt declined by 11 percent. Gross ...
Goodyear's 2007 sales approach $20 billion record, despite lower volumes.(News)
Mar 01, 2008 ... Goodyear Tire & Rubber Company has reported record sales for the three months and the twelve months ended 31 Dec., 2007. The company said sales outside the US had reached an all-time high. Lower volumes in all Goodyear's key sales sectors were offset by higher selling prices. ...
Nokian Tyres' sales up by 22 percent in 2007.(News)(Financial report)
Mar 01, 2008 ... Nokian Tyres net sales increased by 22.6 percent in the 12 months to December 2007. The company reported sales of [euro]1025.0 million, up from [euro]836 million a year earlier. Operating profits also rose, to [euro]234 million compared with [euro]153 million. The company's ...
Sumitomo's sales up but income down in 2007.(News)(Financial report)
Mar 01, 2008 ... Sumitomo Rubber Industries reported higher sales, but reduced profits for the 12 months ended 31 Dec. 2007. The company said sales increased by six percent, to [yen]567306 million ([euro]3583 million) while net profit fell by 30 percent, to [yen]19 500 million ([euro]123 ...
Bridgestone's sales rise 13 percent in fiscal 2007, * Strong growth in mining tyres, UHP car tyres * Truck and bus sales fall.(News)(Financial report)
Mar 01, 2008 ... Byline: David Shaw Bridgestone Corp. has reported consolidated sales of [yen]339 0200 million ([euro]21 433 million) from [yen]299 1200 million for the 12 months ending 31 Dec 2007, an increase of 13 percent over the previous year. The company, which also reported ...
Titan posts net loss despite better sales in 2007.(News)(Financial report)
Mar 01, 2008 ... Titan International Inc. posted record sales for the fourth quarter and the year after expanding its farm and earthmover tyre offerings in 2007, but it reported a net loss for both periods partially because of off-the-road tyre production realignment costs. The Quincy, ...
Crunch time for Goodyear-Dunlop's factories in Amiens; * Minority shareholders call for more investment * Aiming for 5000 u/day.(News)
Mar 01, 2008 ... Byline: David Shaw Arthur de Bok, head of Goodyear's European operations has said the company wants to invest up to $70 million in its Amiens plant to merge the two factories on the site and to improve flexibility and upgrade the equipment to make high performance tyres. ...
Goodyear wants to triple truck tyre output at Debica.(News)
Mar 01, 2008 ... Goodyear has announced investment plans for its majority-owned tyre factory in Debica, Poland. First, the company said it wants to, "support and cooperate with TC Debica to nearly triple its daily commercial truck tyre production - to up to 5000 units a day - to meet increasing demand in ...
briefs.
Mar 01, 2008 ... Pirelli to put MIRS, CyberTire into Turin plant Turin, Italy - Pirelli has announced a [euro]140 million project with the City of Turin, Turin Polytechnic University to develop new technologies destined to be installed in Pirelli's Settimo Torinese plant in Turin, Italy. ...
briefs.
Mar 01, 2008 ... CO.ME.T and Mesgo to operate as one Bergamo, Italy - Italian natural and synthetic rubber compounds producer CO.ME.T. Srl and Mesgo SpA, a producer of compounds based on silicone, fluorocarbon and synthetic and natural rubber, have signed a letter of intent to merge their ...
EC fines Bayer, Zeon [euro]34 million for NBR cartel; * EU busts another cartel * See also story on p39.(Suppliers)(European Union. European Commission)(Bayer AG and Zeon Chemicals Europe Ltd.)(Brief article)
Mar 01, 2008; ... Byline: David Shaw The European Commission has imposed fines totalling [euro]34.23 million on the Bayer and Zeon groups for fixing prices for Nitrile Butadiene Rubber (NBR) in violation of EC rules on cartels and restrictive business practices. The Commission said, ...
Tosoh will pay EU fines, but says, "We're not guilty".(Suppliers)
Mar 01, 2008 ... A spokesman for Tosoh Corp has confirmed that the company will pay the [euro]4.8 million fine imposed upon it by the EU for allegedly participating in a polychloroprene price-fixing cartel. Tosoh had earlier said it would fight the fine, insisting it did not participate in the alleged ...
briefs.(Naamloze Vennootschap Bekaert S.A. plans to acquire Beksa Celik Kord Sanayi ve Ticaret AS)(Naamloze Vennootschap Bekaert S.A. plans to open factory in Russia)(company sales of Naamloze Vennootschap Bekaert S.A.)(Financial report)
Mar 01, 2008 ... Bekaert to acquire full ownership of Turkish JV Kortrijk, Belgium - NV Bekaert SA has signed a letter of intent to acquire full ownership of Beksa Celik Kord Sanayi ve Ticaret AS (Turkey), the joint venture company that it set up with Haci Omer Sabanci Holding AS, for an ...
French researchers develop 'self-healing' rubber material; * Rubber will heal itself, even after a few days * Material is easy to make.(Suppliers)
Mar 01, 2008 ... Byline: David Shaw A group of French researchers has published a paper on self healing rubber in the prestigious science journal, Nature (Vol 451, 21 Feb 2008). The paper is titled, Self-healing and thermo-reversible rubber from supramolecular assembly and describes a type of ...
Dow assigns elastomer unit to strategic evaluation business; * Elastomer unit to be sold? * Dow 'actively' seeking new solutions.(Suppliers)
Mar 01, 2008 ... Byline: David Shaw Dow Chemical has formed a new unit specifically for its businesses which are under strategic review. It has placed its synthetic rubber, and speciality copolymers activities within the unit. The new business unit is called Dow Portfolio ...
Lanxess to slash 270 jobs, cease NBR production at Sarnia.(Suppliers)
Mar 01, 2008 ... Lanxess AG has said it will cease production of nitrile rubber (NBR) and streamline its butyl rubber operations at its plant in Sarnia, Ontario. The moves will result in 270 job losses. Lanxess expects savings of around [euro]5 million each year from the moves, but will incur one-time ...
Lanxess confirms Singapore as site for huge halobutyl plant.(Suppliers)
Mar 01, 2008 ... Lanxess AG has confirmed that the chemical park on Jurong Island will be the site of a [euro]400 million butyl and halobutyl rubber factory. From 2011, the site in Singapore will produce up to 100 000 tons of butyl rubber ...
briefs.
Mar 01, 2008 ... Lanxess confirms butyl plant capacities Singapore - Lanxess' butyl rubber business has confirmed the annual capacities of the company's existing factories. Dr. Ron Commander, head of Lanxess' butyl rubber business said the Sarnia, Canada plant will have capacity of ...