ExxonMobil Chemical has announced that it will build facilities to manufacture premium halobutyl rubber and Escorez hydrogenated hydrocarbon resin at its recently expanded petrochemical complex in Singapore. Engineering and procurement activities have begun, with construction expected to begin in the second half of 2014 and completion anticipated in 2017. The company is a major supplier […]
Cooper Tire & Rubber Company (NYSE: CTB) has reported net sales for the third quarter of 2013 were $832 million, a decrease of $263 million compared with the same period in 2012. Operating profit for the third quarter was $28 million, which is $102 million lower than the same period in 2012 and 3.4% of […]
Maxion Wheels has announces that Pieter Klinkers has been named President – Europe, Africa and Asia-Pacific and Global Innovation, effective March 1, 2014. Pieter will continue to report to Fred Bentley, the Company’s Chief Executive Officer. Over the past year, in addition to managing half of the Maxion Wheels business, Klinkers took the initial cross-functional […]
Aperia Technologies, a company focused on increasing transportation efficiency through clean technology innovation, has launched Halo Tire Inflator. The product is a self-powered, bolt-on tire inflation technology that uses a wheel’s rotation to maintain optimal tire pressure. According to the manufacuturer, “Halo creates significant savings on fuel costs for fleet operators, while reducing truck pollution, […]
AutoSock, the provider of an Alternative Traction Device (ATD) for commercial vehicles, has announced that orders for the company’s light-weight alternative traction device is gaining popularity and growing use during the recent spate of nationwide winter storms. Direct sales of AutoSock to fleets and owner-operators, and orders from other distributors across the country have been […]
American Tire Distributors (“ATD”) has announced hat it has executed an agreement to acquire all of the capital stock of The Hercules Tire & Rubber Company (“Hercules”) based in Findlay, Ohio. Hercules is a leading marketer of replacement tires in the U.S.A., Canada and globally. Founded in 1952, Hercules currently operates 15 distribution centers in […]
