Tire Business reports that Balkrishna Industries Ltd. (BKT), an Indian producer of OTR tires, is suspending its plans for a U.S. tire factory, citing “business uncertainties” related to difficult macroeconomics and the “volatile” climate conditions. BKT announced plans to invest $100 million in a new tire plant in the US last October.
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See AllOn October 31, Bridgestone Corporation announced it will sell all of its assets in Russia due to the war in Ukraine. The process could take several months. Bridgestone is seeking a buyer for its 80.6
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Nokian Tyres has announced the location for its new tire plant — Oradea, Romania. The investment will total Euro 650 million and construction is scheduled to begin in early 2023. The factory is expect
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Notch will be presenting a paper on current conditions in the global carbon black industry at the Tire Tech Expo happening this week at the Hannover Messe, Germany. This giant conference/trade show is
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