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Europe, Australia, Americas, Africa rubber news

Trans-Pacific Partnership talks resume in Atlanta

October 1, 2015
Trans-Pacific Partnership talks resume in Atlanta

Negotiations to establish the Trans-Pacific Partnership (TPP) will resume in Atlanta Georgia today, October 1.  If completed, the TPP would form the world’s largest free trade region. TPP members make up about 40% of the global economy — Australia, Brunei,…

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Tyre e-commerce grows in Europe

September 23, 2015
Tyre e-commerce grows in Europe

  Tyre manufacturers in Europe are turning to electronic retailing (eRetail), or selling tyres through the internet. Currently, tyre eRetail accounts for nearly 8% of the total tyre aftermarket in Europe. This figure will continue to rise as tyre manufacturers…

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ContiTech builds new conveyor belt plant in Morocco

September 15, 2015
ContiTech builds new conveyor belt plant in Morocco

ContiTech AG, a subsidiary of the Continental Corporation, begins constructing a new conveyor belt production facility in Morocco. Production is set to begin in the middle of next year. The ContiTech Conveyor Belt Group business unit will manufacture textile and…

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Nigerian governor urges rubber company to generate power

September 10, 2015
Nigerian governor urges rubber company to generate power

Olusegun Mimiko, governor of the Stateof Ondo in Nigeria, urged Rubber Estate Nigeria limited to generate power to process its rubber, rather than just exporting 70% of raw rubber product. Rubber Estate Nigeria limited is a manages over 4,500 hectares…

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Continental Tire Plant in South Carolina starts expansion

September 10, 2015
Continental Tire Plant in South Carolina starts expansion

Continental Tire recently had a ground breaking ceremony for the expansion of their Sumpter facility. The expansion is expected to bring the plant’s full production capacity to approximately eight million units per year by 2021. Altogether, Continental will invest more…

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Police probes into death at Goodyear Tire & Rubber plant

September 2, 2015
Police probes into death at Goodyear Tire & Rubber plant

Police is probing into the death of a person at Goodyear Tire & Rubber plant in Danville, VA. No word on the circumstances surrounding the incident. Investigators are still trying to figure out what caused the industrial accident. According to…

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Kirkfield Limited receives EUR450,000 investment package, plans growth

August 31, 2015
Kirkfield Limited receives EUR450,000 investment package, plans growth

Kirkfield Limited, a rubber and adhesive products manufacturer, has just received a EUR450,000 investment package from the Lloyds Banking Group. The UK-based company used the funds to move to a bigger location and fuel their expansion plans. Kirkfield exports their…

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Pirelli tyre failure costs Vettel a podium finish at the Belgian GP

August 24, 2015
Pirelli tyre failure costs Vettel a podium finish at the Belgian GP

Sebastian Vettel is pretty “upset”, according to reports, as he had to stop just two laps from the flag because of a ruptured tyre. The tyre failure cost Vettel a third place finish at the Belgian Grand Prix held at…

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SEC joins hand with German investigation team to bring Ford to task

August 20, 2015
SEC joins hand with German investigation team to bring Ford to task

The U.S. Securities and Exchange Commission (SEC) has joined hands with German investigators to look into the allegation that Ford had bribed Russian customs for quick delivery of its products. Ford and Schenker, the freight business of state-owned German rail…

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Report: US industrial rubber market

August 20, 2015
Report: US industrial rubber market

Expect a surge in demand for industrial rubber prooducts in the US: a rise of 3.4 % per annum to $24.4 billion in 2019. Gains will be fueled by greater production of machinery and healthy growth in nonresidential construction spending.…

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(as of 16, October 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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