Semperit expands capacity at its Czech hose plant

The Semperit Group has invested EUR 27 million in its latest expansion at the Semperflex Optimit location in Odry, Czech Republic. With this expansion, the company’s production capacity has increased to 100 million metres of high-quality hoses, which are used in...

GRI deploys first Tire Endurance Tester in Sri Lanka

GRI has become the first industrial tyre manufacturer to deploy a tyre endurance tester at its facility in Sri Lanka. This modern piece of equipment evaluates all tyres produced, with respect to their strength profile in connection with the expected level of...

BKT to build $100 million tyre manufacturing plant in US

Balkrishna Industries Limited (BKT), one of the leading Off-Highway tyre manufacturers headquartered in India, has announced its plans to set up a new tyre manufacturing plant in the United States which will serve not only the US markets but the entire American...

Apollo Tyres’ Q2 sales up 23%, driven by Indian operations

Apollo Tyres Ltd, on a consolidated level, reported a jump of 4% in its net profit at Rs 1.46 billion for the quarter ended September 30, 2018. Operating profit increased 25% to close at Rs 4.80 billion as against Rs 3.84 billion. Sales grew 23% to close at Rs 41.92...

Magna Tyres Group doubles capacity at Hardenberg plant

Magna Tyres Group is doubling production capacity at the Magna Tyres Hardenberg (NL) plant with an eye on the rapidly increasing demand for the popular Magna Tyres brand and the expected growth in 2019. Although it is only two months after the 26.5R25 and 29.5R25...