Select Page

Author: Pramod Thomas

Giti Tire becomes the newest member of USTMA

The U.S. Tire Manufacturers Association (USTMA) has given the approval to induct Giti Tire into the association at the organization’s annual spring meeting in Washington recently as its 12th member. Besides, Giti Tire CEO and President Enki Tan was elected to the organization’s Board of Directors. Giti Tire Group (based in Singapore) has roots in the tyre business going back to 1951 and is now one of the world’s largest tyre companies. The USTMA is the national trade association for tyre manufacturers that produce tyres in the US. It strengthens the reputation and competitiveness of the tire industry and...

Read More

Helping hand from Yokohama in quake-stricken Taiwan

Yokohama Rubber Company and the Yokohama Magokoro (Sincere Heart) Fund have together donated around 270,000 Taiwan dollars to support disaster victims in Eastern Taiwan which was struck by a 6.4-magnitude earthquake in February 2018. The donation was made through the Red Cross Society of the Republic of China. The Yokohama Magokoro (Sincere Heart) Fund was established in May 2016 to make donations to help fund disaster relief efforts and to provide financial support for NPOs, NGOs and other nonprofit organizations working on the contribution to society such as to conserve the environment and protect human rights. The Fund is...

Read More

Victory for Toyo Tires in Tire Infringement case

Toyo Tire & Rubber Company and Toyo Tire USA have claimed that they have won the Tire Infringement case against Doublestar Dong Feng Tyre Co. and Qingdao Doublestar Tire Industrial Co. in Los Angeles Federal Court. The issue behind the case was Doublestar’s sale of the AMP M/T tyre, which the Toyo Tires says is a copy of the best-selling Open Country M/T tyre. Doublestar had previously agreed that another of its tyres infringed Toyo Tires’ OPMT trade dress and that its trade dress was valid. In 2014, Doublestar entered into a Final Judgment, agreeing to cease the manufacture...

Read More

LMI Technologies unveils next-gen Gocator

LMI Technologies has launched the Gocator firmware 5.0 and released a new hardware version of its Gocator 2100/2300 line profilers, offering over 2x the sensitivity of previous generations. The new Gocator 5.0 delivers a scalable, responsive, high-definition 3D data visualizer that can handle millions of 3D data points efficiently across all devices including mobile. LMI is the leading 3D scanning and inspection solutions developer in the World. “Our latest firmware release addresses a number of important customers needs while continuing to advance Gocator’s overall smart sensor design and usability. Gocator 5.0 demonstrates that massive 3D point clouds can be...

Read More

Continental rubber group expects reduced earnings in 2018

Continental has said that earnings will be impacted by around €150 million in H1 2018 mainly due to exchange rate fluctuations and inventory valuation effects. Primarily the tyre business will be impacted. According to the company, the adjusted operating result (adjusted EBIT) for Q1 2018 in the Rubber Group will be about €100 million, lower than the same period last year. The adjusted EBIT margin will decrease from about 10.5 percent to more than 10 percent, the company said. “We do not assume that we will be able to compensate for these negative effects in the Rubber Group over...

Read More

Latest Issue

Newsletter Subscription

Recent Tweets