Japan will begin buying rubber from Myanmar producers next month if it meets the quality standards required by its market, according to the Myanmar Rubber Planters and Producers Association. Khine Myint, the association’s secretary, said Japanese buyers had been analysing…
Category: Industry News
Continental constructs new production hall in Korbach tyre plant
A ground-breaking ceremony was held today to signal the start of construction of the new High Performance Technology Center (HPTC) at Continental’s Korbach plant in Germany. The new production hall – effectively a “factory within a factory” – will take…
Malaysian company plans to set up rubber plantations in Davao
MALAYSIAN-based company Felda Global Ventures (FGV) Holdings will be looking into the possibility of having rubber plantations here in Davao City instead of oil palm, an investment official said. Davao City Investment Promotions Center (DCIPC) officer-in-charge Ivan C. Cortez, in…
M.Thompson adds new size to ET drag tyre range
Thompson Performance Tires & Wheels has expanded its ET Drag tyre line with the addition of size 31.25/12.2-15W, #3073ST. Engineered with the M5 compound, the new size addition has a stiffer sidewall for higher horsepower and stick shift applications, according…
Apollo Vredestein launches first-rate winter tyre
Apollo Vredestein have introduced the Vredestein Snowtrac 5, a winter tyre that defies even the most extreme and unpredictable weather conditions, including wet, cold or slippery roads. The starting point in its development was to ensure optimal safety, a superior…
Brazilian petrochemical producer joins Michelin isoprene program
Brazilian petrochemical producer Braskem S.A. is joining a collaboration researching sustainable sources for polyisoprene that was started in 2011 by Group Michelin and Amyris Inc. Sao Paulo-based Braskem, considered the largest petrochemical company in the Americas, will help the partnership…
India’s NR imports in August reports 15 percent growth
India’s natural rubber imports in August rose 15 per cent from a month ago to 42,499 tonnes as a drop in global prices prompted tyre makers to raise overseas purchases to meet rising local demand, said an official at the…
Maxxis expands truck tyre line up
Maxxis is gearing up for its long anticipated push on the truck tyre sector. The manufacturer has made great strides in increasing passenger car, commercial vehicle and two-wheel sales since entering the UK market, but following ongoing developments in R&D,…
Apollo to set up new tyre facility in Hungary
Apollo Tyres plans to set up a new plant in Hungary at an investment of EUR 442.2 million (about Rs 3,450 crore) and the investment aid given by the country’s government has been cleared by European Commission. The project involves…
Shanghai rubber declines to five-year low
Shanghai rubber futures tumbled to their weakest level on record on Wednesday and prices in Tokyo sank to a five-year low, as concerns about oversupply and weak demand from top consumer China sparked heavy selling from speculators. The selloff pressured…