Industry News

China’s rubber boom obliterates southern forests

February 21, 2014
China’s rubber boom obliterates southern forests

A major increase in sales of car tires in China is being driven forward by a burgeoning middle class. Many of the tires are made from local rubber. That’s good for business, but bad for the environment. A generation ago,…

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Hankook US production to start in 2016

February 20, 2014
Hankook US production to start in 2016

Hankook Tire Co. Ltd. expects to break ground later this year on its US passenger and light truck tyre plant in Clarksville, Tenn., according to Byeong Jin Lee, president of Hankook Tire America Corp. Speaking to tyre dealers gathered for…

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Rubber bear market boosts Bridgestone as inventory swells

February 20, 2014
Rubber bear market boosts Bridgestone as inventory swells

Rubber’s bear market is poised to deepen as the global supply glut stretches into a fourth year and stockpiles in China swell, cutting costs for tiremakers. Prices today dropped by the most in two weeks in Tokyo. Futures on the…

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Tyre output down 1%, exports up 12%

February 20, 2014
Tyre output down 1%, exports up 12%

Tyre production in all categories saw a reduction of one per cent whereas exports saw a rise of 12 per cent during April-September of 2013-14 on a year ago. Data of the Automotive Tyre Manufacturers’ Association (ATMA) showed production by…

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Michelin to unveil new trailer tyre at CV show

February 20, 2014
Michelin to unveil new trailer tyre at CV show

Michelin has selected the Commercial Vehicle Show 2014 to host an exclusive international preview of its new 385/65 R 22.5 X Multi T trailer tyre – which will be officially launched this summer. Michelin says the 385/65 X Multi T,…

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INEOS Oxide expands Antwerp ENB plant

February 19, 2014
INEOS Oxide expands Antwerp ENB plant

INEOS Oxide has successfully expanded its ethylidene norbornene (ENB) plant at its Antwerp facility, increasing its capacity to 28,000 tpy. This makes it the single largest ENB plant in the world. The expansion was completed during Q4 2013. “We are…

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India eyes 9.5 LT production of natural rubber next fiscal

February 19, 2014
India eyes 9.5 LT production of natural rubber next fiscal

The country is targeting a production of 9.5 lakh tonnes of natural rubber in 2014-15, Rubber Board Chairperson Sheela Thomas today said. The production this fiscal is 8.5 lakh tonnes so far. “Our estimate was that production would touch over…

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Apollo plans a bright future – Enhances its brand value in UK

February 19, 2014
Apollo plans a bright future – Enhances its brand value in UK

Apollo Tyres has planned to boost its brand value in the UK market; a first in the three event series has already been accomplished recently. The event saw its MD, UK operations; reveal strategic information on the same. Apollo Embarks…

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Styron buoys up S-SBR production capacity in Schkopau site

February 19, 2014
Styron buoys up S-SBR production capacity in Schkopau site

Global materials company, Styron is doubling its solution styrene butadiene rubber (S-SBR) production capacity of one train, after reaching an agreement with material supplier Japan-based materials firm JSR, to acquire its current production capacity rights at Styron’s world-scale rubber production…

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Bridgestone Corp. admits to fixing anti-vibration rubber part prices

February 18, 2014
Bridgestone Corp. admits to fixing anti-vibration rubber part prices

Tokyo-based Bridgestone Corp. has agreed to plead guilty and to pay a $425 million criminal fine for its role in a conspiracy to fix prices of automotive anti-vibration rubber parts installed in cars sold in the United States and elsewhere.…

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World Rubber Summit 2018

International Rubber Prices
(as of 16, April 2018)

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

Automotive

PRA ELECTRONIC ISSUE
PRA 2018 March/April

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