Crain News Service report
SINGAPORE (June 25, 2014) — Hankook Tire Co. Ltd. has joined the International Rubber Study Group’s (IRSG) Panel of Associates.
Singapore-based IRSG, according to its website, is an inter-governmental organization “composed of rubber-producing and -consuming stakeholders.” The organization was established in 1944.
Hankook was established in 1941 and operates seven plants in South Korea, China, Hungary and Indonesia—with another planned for the U.S. market—and five research and development centers worldwide.
The company employs about 21,000 people globally and markets its products in more than 180 countries. It produces radial tires for passenger cars, 4x4s, SUVs, light trucks, campers, trucks, buses and motorsports.
This report appeared on the website of Rubber & Plastics News, an Akron-based sister publication of Tire Business.
How have tire prices been in the last few months?
|They've gone up 1-5%||
|They've increased 6-10%||
|They've stayed flat||
|They've gone down between 1 and 5%||
|They've gone down 6-10%||
|They've dropped more than 10%||