DUNLOP HOLDINGS PLC


Meaning of DUNLOP HOLDINGS PLC in English

subsidiary company of BTR PLC, and the major British manufacturer of tires and other rubber products. It is headquartered in London. The company has been involved in rubber-tire manufacture since the late 19th century. Dunlop's founder, John Boyd Dunlop (18401921), who had constructed the first pneumatic (air-filled) tire, received a patent for the tire in 1888. The following year he formed a company to manufacture pneumatic bicycle tires. In 1896 Dunlop registered the company in Great Britain as Byrne Brothers India Rubber Company, Ltd. The name was changed to Dunlop Rubber Company, Ltd., in 1900, and the company began making automobile tires six years later. To ensure that the company would have an uninterrupted supply of raw rubber, Dunlop started buying rubber plantations on the Malay Peninsula, and by 1926 the company held the largest acreage under one ownership anywhere in the British Empire. In 1981, however, the company sold its holdings there to Malaysian investors. That same year the company converted to a public limited company and assumed its current name. In 1982 Dunlop sold a large portion of its European tire operations to Sumitomo Rubber Industries, Inc., of Japanan associate company and former Dunlop subsidiary. BTR PLC, an industrial holding company, acquired Dunlop in 1985, selling off Dunlop's American tire company.

Britannica English vocabulary.      Английский словарь Британика.