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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.”

Friday, August 7, 2020

Lubrizol Corporation acquires Avid Product Development - click to expand

Michelin X One Line Energy T2 tire launches for the North American line-haul market - click to expand

Titan International reports second quarter decrease in sales - click to expand

Global automotive rubber molding components market forecast at $57 billion by 2026 - click to expand

Yokohama Tire celebrates tenth year as sponsor of the Los Angeles Angels - click to expand

Brenntag opens full-line distribution center in Ohio - click to expand

Thursday, August 6, 2020

Cooper Tire announces 194th consecutive quarterly dividend - click to expand

Latin American & Caribbean Tyre Expo postponed until 2021 - click to expand

Continental expands research and development operations in northeast Indiana - click to expand

Right Lane Industries acquires Belt Concepts from Contitech - click to expand

Apollo Tyres reports record June sales for replacement tires in India - click to expand

Wednesday, August 5, 2020

USTMA projects U.S. tire shipments will decrease to 279.4 million units in 2020 - click to expand

Global liquid silicone rubber market to reach $3.5 billion by 2027 - click to expand

Morgan Polymer Seals designs capless refueling seal for General Motors Cadillac CT6 - click to expand

Davis-Standard markets elastomer solutions at RubberTech China - click to expand

Magna Tyres opens Czech Republic office - click to expand

Bridgestone names Charlie Rule president of Latin America operations - click to expand

Tuesday, August 4, 2020

Sterling Systems & Controls introduces customized system for rubber compounding applications - click to expand

BASF opens distribution center for Colors & Effects brand in Germany - click to expand

Shin-Etsu Chemical develops improved silicone emulsions - click to expand

Global automotive aftermarket forecast at $638 billion by 2027 - click to expand

TBC Corporation donates 200 computers to local schools - click to expand

Cooper Tire reports $6 million loss for second quarter - click to expand

Monday, August 3, 2020

Siempelkamp adds two executives to management team - click to expand

Continental partners with CoxReels to provide hose management solutions - click to expand

Arkema reports second quarter 2020 results - click to expand

Goodyear reports second quarter sales results - click to expand

Electronic adhesives market size projected at $4.9 billion by 2025 - click to expand

ACE Products & Consulting acquires GEOAnalytical - click to expand

Friday, July 31, 2020

Top Glove petitions against U.S. import ban - click to expand

Impressio and MedShape awarded National Science Foundation grant to develop liquid crystal elastomer - click to expand

Orion Engineered Carbons to present at Jefferies Virtual Industrials Conference - click to expand

Dow honored with two awards at 2020 Ringier Technology Innovation Awards - click to expand

Global agricultural tire market projected to reach $15 billion by 2030 - click to expand

Global fluorine silicone rubber market forecast at $232 million by 2027 - click to expand

Market Reports

Global automotive rubber molding components market forecast at $57 billion by 2026 - click to expand

Global Liquid Silicone Rubber Market to Reach $3.5 Billion by 2027 - click to expand

USTMA projects U.S. tire shipments will decrease to 279.4 million units in 2020 - click to expand

Global automotive aftermarket forecast at $638 billion by 2027 - click to expand

International Rubber Studies Group estimates sharp decline in global rubber demand - click to expand

Global agriculture tire market is projected to reach $15 billion by 2030 - click to expand

Global silicone market forecast with a CAGR of 6 percent through 2024 - click to expand

Electronic Adhesives Market size for electronics is projected at $4.9 billion by 2025 - click to expand

Global OTR tire market size is projected to reach $26 billion by 2027 - click to expand

Global fluorine silicone rubber market forecast at $232 million by 2027 - click to expand

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