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Cooper Tire enters offtake agreement with Sailun Vietnam

Monday, February 12, 2018
Findlay, OH - Cooper Tire & Rubber Company announced it has entered into a multi-year manufacturing offtake agreement with Sailun Vietnam Co., Ltd. for the production of truck and bus radial (TBR) tires for global markets. The off-take agreement gives Cooper a third global source of TBR tire production to meet growing customer needs. Tires will be manufactured under the Roadmaster, Dean and Starfire brands. “Cooper has been expanding our TBR business in both the replacement and original equipment segments,” said Brad Hughes, Cooper president and chief executive officer. “The Sailun facility in Tay Ninh, Vietnam, where our TBR tires will be produced, is a state-of-the-art plant with an experienced team that is committed to outstanding product quality. We look forward to working with them as we continue to grow our TBR business and meet customer demand for our products.” In addition to the manufacturing off-take agreement, Cooper also announced it will open a new North America distribution center dedicated to its TBR business. The 400,000-square-foot facility, to be leased by Cooper, will open in San Bernardino, CA, in spring of this year. It will enhance the speed and efficiency of Cooper’s service to North America TBR customers. - * Email


This Weeks Headlines - Past 7 Days

Friday, February 16, 2018
Polyurethane additives market forecast to reach $2.75 billion by 2021
TARRC Rubber Consultants to exhibit at Tire Technology Expo 2018 in Hannover
A. Schulman to be acquired by LyondellBasell for $2.25 billion
Book of the Day - Resistance and Stability of Polymers
Rhein Chemie to present new solutions for the tire industry at Tire Technology Expo

Thursday, February 15, 2018
Global nitrile butadiene rubber market is expected to reach $2.59 billion by 2025
Northeastern U.S. rubber flooring manufacturer is being put up for auction
Bridgestone and Versalis partner to expand guayule research efforts
Malaysia reports 14 percent increase in production of natural rubber for December

Wednesday, February 14, 2018
TechnoBiz offers specialized training course for the rubber processing industry this April in Jakarta
Zeon sees 22 percent sales increase in elastomer business for first three quarters
Global latex medical disposables market forecast to reach $6.7 billion by 2025
Malaysia sees the use of cold mix asphalt and rubber as a boost for industry
Polyone begins thermoplastic elastomer production at Pune, India facility

Tuesday, February 13, 2018
Mid-Atlantic Rubber & Plastics Group holds spring technical meeting May 10
Companies can be listed in the Rubber Industry Buyer's Guide, a supplement for GRTE 2018
Silicone additives market forecast to reach $1.7 billion by 2022
Global natural rubber prices increased by 5 percent in January
Mitsui Chemicals posts record high profit for 2017

Monday, February 12, 2018
ARPM's 2018 State of the Rubber Industry report is now available
Zochem in conjunction with ARPM offers a plant tour of its Dickson, TN, zinc oxide facility
Sabic announces plans to expand capacity for Ultemt and Norylt resin production
Cooper Tire enters offtake agreement with Sailun Vietnam
Goodyear reports fourth quarter and full year 2017




Todays Headlines



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