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Cooper Tire and Sailun Vietnam celebrate first tire at joint venture plant

  12/3/2019 - Findlay, OH - Cooper Tire & Rubber Company and Sailun Vietnam Co., Ltd. recently celebrated production of a first tire at ACTR, their joint venture (JV) facility located near Ho Chi Minh City, Vietnam. Cooper owns 35 percent of ACTR, which will produce truck and bus radial (TBR) tires for global markets. The ceremonial first tire was the centerpiece of a special event held at the facility on November 18 to celebrate construction of the plant. The plant is expected to be operational and producing tires on a commercial level by early 2020. At full capacity, production is expected to be approximately 2 million tires annually. “Cooperation between Cooper and Sailun has been outstanding, and we thank our partner Sailun for working so closely with us over the past several months to construct this facility,” said Brad Hughes, Cooper president and chief executive officer. “This is another important step in Cooper’s strategy to expand and diversify our TBR production globally, giving us additional capacity to supply quality Roadmaster TBR tires to customers worldwide.” Zhongxue Yuan, chairman and president of Sailun Group Co. Ltd., said, “ACTR is a highly modern tire production facility with the latest technologies to drive quality and efficiency. We thank Cooper and all of those involved in the construction of the facility for their excellent support and cooperation. We look forward to many years of successful operation together with Cooper at ACTR.”

Tuesday, January 21, 2020

Kraiburg TPE introduces Thermolast K flame retardant TPE series - click to expand

Minnesota Rubber and Plastics awarded 2019 Medtronic Supplier Excellence Award - click to expand

Greene, Tweed appoints William Rottschaefer as director of business development - click to expand

Synthomer receives European Commission clearance for Omnova acquisition - click to expand

Ashland to report first quarter results January 27 - click to expand

Global RTV silicone market to grow at a CAGR of 4.13 percent through 2029 - click to expand

Monday, January 20, 2020

Freudenberg finalizes acquisition of Filc - click to expand

Goodyear selects VI-grade driving simulators to increase product development capabilities - click to expand

Silicone rubber power cable market forecast at $1 billion by 2025 - click to expand

Sumitomo Rubber establishes a natural rubber procurement subsidiary in Singapore - click to expand

Soo II Lee assumes role of president of Hankook Tire America - click to expand

Milliken & Company to acquire Borchers from The Jordan Company - click to expand

Friday, January 17, 2020

Global reactives and other adhesives market forecast at $19.8 billion by 2023 - click to expand

Borealis to acquire Nova Chemicals' ownership interest in Novealis - click to expand

Goodyear declares quarterly dividend of 16 cents per share - click to expand

Global liquid silicone rubber market is forecast to reach $1.82 billion by 2025 - click to expand

Book of the Day - Rubber Extrusion Technology Short Course Notes - click to expand

BFGoodrich returns to the farm tire market - click to expand

Thursday, January 16, 2020

ADM and P2 Science collaborate on plant-based specialty chemicals and materials - click to expand

Isoprene rubber latex market forecast to reach $367.8 billion by 2026 - click to expand

Evonik opens multi-purpose silicones manufacturing facility in Germany - click to expand

Global automotive adhesive market expected to expand at a CAGR of 5.4 percent - click to expand

Solvay’s HMW HALS capacity now online - click to expand

Cabot Corporation declares quarterly dividend of $0.35 per share - click to expand

Wednesday, January 15, 2020

McMaster University researchers find way to dissolve rubber used in car tires - click to expand

Albright Silicone announces launch of 3D printing capability for silicone parts - click to expand

Injection molding machine market size forecast at $38.7 billion by 2026 - click to expand

Safic-Alcan announces distribution agreement with Evonik in Greece - click to expand

Asia-Pacific process oil market forecast with a CAGR of 4.23 percent through 2027 - click to expand

Tuesday, January 14, 2020

Safic-Alcan extends distribution agreement with Eurotec in Poland - click to expand

Rahco Rubber adds two Pan Stone 350 ton vacuum presses - click to expand

Registration and housing open for Rubber Division, ACS 197th Technical Meeting - click to expand

Industrial rubber products market forecast to reach $174 billion by 2027 - click to expand

Automotive tubeless tires market forecast at $196 billion by 2024 - click to expand

Market Reports

Global conductive silicone market forecast at $3.8 billion by 2025 - click to expand

Global reactives and other adhesives market forecast at $19.8 billion by 2023 - click to expand

Global tire pressure monitoring system market to surpass $8 billion by 2026 - click to expand

Asia-Pacific process oil market forecast with a CAGR of 4.23 percent through 2027 - click to expand

Global automotive adhesive market is expected to expand at a CAGR of 5.4% - click to expand

Global RTV Silicone Market to grow at a CAGR of 4.13% through 2029 - click to expand

Silicone rubber power cable market forecast at $1 billion by 2025 - click to expand

Global liquid silicone rubber market is forecast to reach $1.82 billion by 2025 - click to expand

Isoprene Rubber Latex market forecast to reach $367.8 billion by 2026 - click to expand

Injection molding machine market size forecast at $38.7 billion by 2026 - click to expand

Industrial rubber products market forecast to reach $174 billion by 2027 - click to expand

Global Specialty Silica Market is expected to grow at a CAGR of 6.18 percent through 2025 - click to expand

Automotive tubeless tire market forecast at $196 billion by 2024 - click to expand

Farm Tire Market to reach $10 billion by 2025 - click to expand

Global liquid silicone rubber market forecast with a CAGR of 8% through 2025 - click to expand

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