Industry News

Goodyear to acquire German tyre inspection system manufacturer

September 25, 2017
Goodyear to acquire German tyre inspection system manufacturer

Tyre manufacturing company Goodyear Tire & Rubber Company is acquiring Ventech Systems GmbH, a Germany-based manufacturer of automated tyre inspection systems, from its parent company, Grenzebach Maschinenbau GmbH. Founded in 2006, Ventech Systems delivers innovative measuring devices for the vehicle…

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Bridgestone celebrates 50 years of operations in Thailand

September 25, 2017
Bridgestone celebrates 50 years of operations in Thailand

Japanese auto and truck parts manufacturer Bridgestone Corporation celebrated 50 years of operations in Thailand in a ceremony held in Bangkok on September 18, 2017. Guests at the ceremony included Dr. Atchaka Sibunruang, Minister of Science and Technology, Hirunya Suchinai,…

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Michelin promotes natural rubber production best practices with new app

September 25, 2017
Michelin promotes natural rubber production best practices with new app

Michelin demonstrates its commitment to responsible and sustainable natural rubber production once again with the launch of Rubberway, a mobile application that is dedicated to following up and respecting best practices for collecting latex, transforming the product industrially and transporting…

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Nokian Tyres breaks ground on its US$360 mn manufacturing facility in US

September 22, 2017
Nokian Tyres breaks ground on its US$360 mn manufacturing facility in US

Finnish tyremaker Nokian Tyres has broken ground on the site of its US$360 million manufacturing facility in Dayton, the county seat of Rhea County in Tennessee, US. Nokian Tyres executives selected the Dayton site for several reasons, including its rail…

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Kerala government mulls setting up rubber factory

September 22, 2017
Kerala government mulls setting up rubber factory

The government of Kerala in India will set up an expert committee to conduct a feasibility study on the establishment of a rubber factory under the “public-private partnership”(PPP) model with an objective to safe guard the interest of rubber growers…

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Cooper Standard opens ISG manufacturing, warehouse facility in Canada

September 22, 2017
Cooper Standard opens ISG manufacturing, warehouse facility in Canada

US-based Cooper Standard has officially opened its Industrial Specialty Group (ISG) facility, a dedicated site for ISG manufacturing and warehousing, in Sherbrooke, Quebec in Canada. The company consolidated three existing ISG facilities and approximately 250 employees to maximise service, quality…

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Synthomer launches the latest nitrile innovation SyNovus

September 22, 2017
Synthomer launches the latest nitrile innovation SyNovus

KUALA LUMPUR – SyNovus, the latest new nitrile to emerge from Synthomer’s Innovation Centre, was recently unveiled SyNovus boasts several distinct features. “Designed as a low energy nitrile with no maturation needed, SyNovus offers superior tensile strength properties and higher…

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Kossan Rubber, UiTM sign industry-university cooperation agreement

September 20, 2017
Kossan Rubber, UiTM sign industry-university cooperation agreement

Malaysian rubber glove manufacturer Kossan Rubber Industries Bhd signed a cooperation and collaboration agreement with Universiti Teknologu MARA (UiTM) through its 70%-owned subsidiary, Doshin Rubber Products (M) Sdn Bhd. Kossan said the collaboration is to promote industry-university sharing of knowledge,…

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USTMA highlights economic contributions of tyre industry

September 20, 2017
USTMA highlights economic contributions of tyre industry

Nine “tyre manufacturing ambassadors”, chosen by each participating member of the US Tire Manufacturers Association (USTMA), met with and engaged congressional offices in Capitol Hill in Washington, D.C. to highlight the economic contributions of the US tyre manufacturing industry. Each…

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Toyo Tire reveals “noair” airless tyre concept

September 20, 2017
Toyo Tire reveals “noair” airless tyre concept

Japan’s Toyo Tire & Rubber Co., Ltd. has unveiled an airless tyre concept that features 50 sets of cross-shaped resin supporting rods lined up in a circle in place of air to bolster the weight of a vehicle and absorb…

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International Rubber Prices
(as of 21, September 2017)

Monthly The prices shown above do not include VAT @4% on purchase and expenses towards packing, transportation, warehousing  and other incidentals


Source: India Rubber Board

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PRA ELECTRONIC ISSUE 2017
September 2017 Issue

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