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  • Chengshan to buy Cooper JV in China

    Oct 20, 2014

    Tire Business FINDLAY, Ohio—China's Chengshan Group Co. Ltd. plans to exercise its option to acquire Cooper Tire & Rubber Co.'s 65-percent ownership stake in their Cooper Chengshan (Shandong) Tire Co. Ltd. joint venture, Cooper Tire said on Oct. 8. Cooper did not disclose the value of...

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  • Circuit court orders Dow to pay fine

    Oct 20, 2014

    DENVER—The Tenth Circuit Court of Appeals in Denver has rejected Dow Chemical Co.'s appeal of a $1.06 billion verdict in a price fixing case involving polyurethane chemicals. In February 2013, a jury before Kansas City federal district court found Dow had participated in a conspiracy between ...

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  • ExxonMobil scientist to receive 2015 Charles Goodyear Medal

    Oct 20, 2014

    NASHVILLE, Tenn.—A senior research associate from ExxonMobil Chemical will be the 2015 recipient of the ACS Rubber Division's Charles Goodyear Medal, the organization's highest honor. Sudhin Datta will receive the honor during the Rubber Division's spring meeting next April in Greenville, S....

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  • Michelin tire probe launched

    Oct 20, 2014

    WASHINGTON—The National Highway Traffic Safety Administration has opened a preliminary evaluation of Michelin XZA 295/60/R22.5 tires for possible defects. “The tire may fail catastrophically when used on the steer axle,” stated the resume dated Oct. 6 from NHTSA's Office of Defects...

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