News from Notch Consulting, Inc.

June 13, 2017

Pirelli to suspend tire production at its plant in Venezuela.

Filed under: Tires — Notch @ 9:24 am

Due to lack of raw materials, Pirelli will shut down production lines at its tire plant in Guacara, Venezuela on June 16. Though the company views it as a temporary measure, as when production was suspended for a time in January and February, it has widely been reported as an indefinite pause.

China’s Himaxer has started trial production at its polyurethane tire project

Filed under: Tires — Notch @ 9:03 am

China’s tire maker Himaxer has started trial production at its 1.2 million unit-per-year polyurethane tire project in Yunfu, the company disclosed.

Located in the city’s Xincheng Industrial Park, the project spans about 86,000 square feet and is operated by Himaxer’s local subsidiary Bainaite New Materials. It has $44 million investment of scheduled investment and is estimated to generate $235 million in annual sales when in operation.

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