Commodity Online reports, “As Indians buy more cars the global price of Rubber is likely to see a revival. The tire makers’ rising demand for natural rubber may boost imports. Analysts say the lower international prices and rising demand could…
Category: Industry News
Carlisle announces new heavy duty farm tyres
Carlisle Transportation Products has released two new heavy duty farm implement tyres intended for fitment on hake rake machines. Both are size 16×6.50-8 tubed fitments; the 6-ply version bears the product code 6A02351 and has a 280 kilogrammes (615lbs) load…
Chinese demand for rubber products to reach RMB740 billion
Demand for rubber products in China is projected to grow 8.8% a year to RMB740 billion by 2017. Gains will be supported by healthy growth in manufacturing production, especially in the industrial machinery and motor vehicle industries. Strong demand gains…
Kumho develops tyre preparation facility in Germany
South Korea’s Kumho Tire Co. Inc. has expanded its testing capabilities in Europe, setting up a 10,750-sq.-ft. tyre preparation facility at an independent proving grounds near Papenburg to help it develop its position in the European market. The facility, located…
Sailun performs near the levels of more expensive tyres at Mansfield event
Passenger and light truck tires manufactured by Sailun Tires Co. Ltd. performed at or near the levels of better-known, more expensive competitors, according to participants in a Sailun Tire Challenge ride-and-drive event Aug. 13 at Xfinity Center in Mansfield, some…
Shipbuilding on the uptake; rubber elastomers enjoy growth in cable sheathing
Shipbuilding is seen as an indicator of the state of the world economy. That is why a recent report caused some excitement – it would seem that the industry is recovering. And not just in South Korea, which has occupied…
Hankook to build technical office in Spain
Hankook Tire Co. Ltd. and Spain’s Applus+IDIADA, an independent automotive engineering concern, have agreed to work together on a variety of research initiatives to support Hankook’s expanding OE business in Europe. As part of the contract, Hankook is opening a…
Sumitomo tyre performance facilities gains ISO/IEC17025 accreditation
Sumitomo Rubber Industries (SRI) is pleased to announce that our head office, tire test course and domestic factories have received accreditation in ISO/IEC17025, an international standard establishing general requirements for the competencies of testing and calibration laboratories, for our tire…
ContiTech’s acquisition of Veyance to finalize in Q4
The acquisition of Veyance Technologies Inc. by ContiTech A.G. is proceeding along relatively smoothly and should be finalized by the fourth quarter. ContiTech expected that antitrust authorities would investigate the planned transaction “with appropriate effort” when it announced the deal…
Nokian Tyres reports net sales decrease in first half
Nokian Tyres Group’s Net sales decreased by 11.8% to EUR 369.5 million (EUR 419.1 million in 4-6/2013). Operating profit was EUR 90.7 million (120.2). Profit for the period amounted to EUR 66.1 million (85.6). Earnings per share amounted to EUR…