Industry News

Continental runs US10mn Texan tyre testing centre

June 14, 2019
Continental runs US10mn Texan tyre testing centre

Continental’s US division has opened doors at its Advanced Indoor Evaluation Center in Uvalde County, Texas. The US$10 million passenger/light truck tyre testing facility, part of the company’s Vision 2025 global expansion strategy, begun testing in months back although the…

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Trelleborg expands Bulgarian LSR manufacturing facility

June 10, 2019
Trelleborg expands Bulgarian LSR manufacturing facility

Swedish giant Trelleborg’s Sealing Solutions business has opened its expanded Liquid Silicone Rubber (LSR) manufacturing facility in the town of Pernik, western Bulgaria. The added production and warehouse space after its 2018 construction will see improved molding and tool design/making…

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Maxxis India to supply tyres for Hero’s scooters

June 10, 2019
Maxxis India to supply tyres for Hero’s scooters

Indian tyre manufacturer Maxxis India has signed a strategic OEM deal with Hero MotoCorp to provide 90/100-10 M6000 53J front and rear tyres for the two-wheeler major’s upcoming scooters. The M6000 tyres are designed for scooter strength and safety –…

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Wacker starts up silicone rubber line in China

June 10, 2019
Wacker starts up silicone rubber line in China

German chemicals maker Wacker has inaugurated a new production line for silicone elastomers at its Zhangjiagang site in China. With an annual capacity of several thousand tonnes, the facility will help support Wacker’s future growth path in China and improve…

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Michelin, GM team up for airless, puncture-free tyres

June 7, 2019
Michelin, GM team up for airless, puncture-free tyres

Manufacturers Michelin and General Motors (GM) have recently launched the new MICHELIN Uptis (Unique Puncture-proof Tire System) Prototype, an airless wheel technology. The Uptis Prototype will be first tested on the Chevrolet Bolt EV and on a test fleet of…

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Goodyear, Borrow pilot for EV tyre maintenance

June 5, 2019
Goodyear, Borrow pilot for EV tyre maintenance

In a second tyre service innovation for future mobility, American tyre manufacturer Goodyear Tire & Rubber Company has entered a partnership with California-based electric car subscription company Borrow for automatic tyre servicing. Goodyear will use its predictive tyre servicing solution…

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Marangoni TRM notices redeveloped interest in retread tyres

June 5, 2019
Marangoni TRM notices redeveloped interest in retread tyres

The European tyre retreading market is reportedly making a comeback, according to Italian retread tyre developer and distributor Marangoni Group. The slow and steady recovery is possibly because of Europe’s import duties on Chinese truck tyres, which are widely used…

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Methyl isobutyl growth to reach US$800 mn by 2025; rubber/tyres as drivers

May 31, 2019
Methyl isobutyl growth to reach US$800 mn by 2025; rubber/tyres as drivers

The methyl isobutyl ketone (MIBK) market is set to grow from its current market value of more than US$600 million to over US$800 million by 2025. The growth will be driven by escalating construction activities across the globe for the…

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Yokohama India opens new tyre centre in Karnataka

May 30, 2019
Yokohama India opens new tyre centre in Karnataka

The Indian subsidiary of tyre manufacturer Yokohama Japan, Yokohama India, has opened an Exclusive Yokohama Club Network (YCN) outlet for its customers in Karnataka, southwest India. Yokohama India has developed the YCN across India, based off Yokohama’s global philosophy to…

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New sales office to boost development for Toyoda Gosei NA

May 30, 2019
New sales office to boost development for Toyoda Gosei NA

Japanese automotive parts manufacturer Toyoda Gosei (TG) will establish a satellite engineering and sales unit by July 2019 in Ohio, US, to oversee its Toyoda Gosei North America (TGNA) operations. Originally based in Troy, Michigan, select TGNA designs and sales…

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Rubber Prices
(Last Updated: 10 June 2019)

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


Source: Latex India
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