Industry News

Yokohama sees growth in 2017 operating profit despite rising rubber prices

February 22, 2017
Yokohama sees growth in 2017 operating profit despite rising rubber prices

Japan’s third-biggest tyre maker, Yokohama Rubber Co. Ltd., is expecting a 12% increase in their operating profit for 2017 despite the rising prices of natural rubber and other raw materials. The world’s eighth-biggest tyre maker predicts operating profit will grow…

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India shows increasing trend in natural rubber production

February 22, 2017
India shows increasing trend in natural rubber production

India is experiencing a continuous rising trend in its production of natural rubber (NR), with the total production for January 2017 showing a 26.93% increase as compared to the figures during the same period last year, according to the country’s…

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Bridgestone’s Examation receives “Tire Manufacturing Innovation” award

February 20, 2017
Bridgestone’s Examation receives “Tire Manufacturing Innovation” award

Bridgestone’s new tyre building system has been awarded “Tire Manufacturing Innovation of the Year” in the 2017 Tire Technology International Awards for Innovation and Excellence. The independent jury of 27 top tyre industry experts applauded Bridgestone’s achievement in the use…

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SRI’s acquisition of UK-based Micheldever Group has been completed

February 20, 2017
SRI’s acquisition of UK-based Micheldever Group has been completed

Sumitomo Rubber Industries, Ltd. (SRI) has completed its acquisition of UK-based Micheldever Group Ltd., the largest independent wholesaler, distributor and retailer of tyres in the UK. The acquisition of Micheldever from Graphite Capital Management LLP was initially announced on January…

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Continental named Tire Manufacturer of the Year at Tire Tech Expo 2017

February 17, 2017
Continental named Tire Manufacturer of the Year at Tire Tech Expo 2017

Leading German automotive manufacturing company Continental AG has been given the “Tire Manufacturer of the Year” award at the recent Tire Technology Expo 2017 in Hanover, Germany. A high-calibre panel of 27 judges, including experts from Europe, Japan, India and…

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Kumho Chairman making a bid for control in company

February 16, 2017
Kumho Chairman making a bid for control in company

After last month’s news that China’s Doublestar would by the likely buyer of Kumho Tire http://rubberjournalasia.com/kumho-likely-to-be-sold-to-chinas-doublestar/, it now appears that Kumho Asiana Group Chairman Park Sam-Koo has raised nearly US$870 million to buy back a controlling stake in the group’s…

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Malaysia leads global rubber glove production in 2016 with 133.6 bn pieces

February 15, 2017
Malaysia leads global rubber glove production in 2016 with 133.6 bn pieces

Malaysia led the global rubber glove production in 2016, manufacturing around 133.6 billion pieces, which represented 63% of the world’s total. Rubber glove exports were worth an estimated RM 14.3 billion, continuing the country’s streak as the world leader in…

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Evonik’s Polyvest ST in modern tyres reduces rolling resistance by up to 30%

February 15, 2017
Evonik’s Polyvest ST in modern tyres reduces rolling resistance by up to 30%

Evonik, one of the world leaders in specialty chemicals, is expanding its silica/silane system technology for modern tyre production with the newly developed Polyvest ST technology that could further decrease rolling resistance in tyres by up to 30% relative to…

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Researchers invent groundbreaking tech to produce tyres from grass, trees

February 15, 2017
Researchers invent groundbreaking tech to produce tyres from grass, trees

A shift in the tyre production industry toward using more renewable sources found even in backyards is now possible thanks to a breakthrough technology, invented by a team of researchers led by the University of Minnesota in the US, that…

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Singapore/Israeli team discovers most stretchable UV-curable elastomers for 3D printing

February 14, 2017
Singapore/Israeli team discovers most stretchable UV-curable elastomers for 3D printing

Elastomers have been used in a host of applications, due to their elasticity, resilience, and electrical and thermal insulation, for fabricating soft robots, flexible electronics and smart biomedical devices that require soft and deformable material properties to establish safe and…

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International Rubber Prices
(as of 23 February 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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