Continental lays foundation stone for new headquarters in Hanover

Continental has laid the foundation stone for its new company headquarters in Hanover. CEO Dr Elmar Degenhart and Executive Board members Dr Ariane Reinhart and Wolfgang Schäfer hosted the ceremony at the construction site on Hans-Böckler-Allee. The new company...

Indian tyre industry ends FY19 with impressive gains

Despite the initial setbacks caused by rise in cost of raw materials, especially crude-based ones, and the supply crunch in natural rubber, Indian tyre industry posted impressive growth during 2018-19. Growing volume in both OE and replacement tyres and rise in...

Nexen Tire opens global R&D hub in Seoul

Nexen Tire has opened a central research center in Seoul that will serve as its global hub for research & development. Nexen has invested more than $171 million (200 billion KRW) in this 10-storey `Nexen UniverCity.’ The workspace has been designed as an...