Rubber exports are on pace to double by 2016 even as plunging prices hit the international market, according to experts. Prices for sheet rubber fetched 120 baht (US$3.66) a kilogram in Thailand in 2011, but by last week had dropped…
Goodyear Dunlop inaugurates new winter tyre testing facility in Finland
The Goodyear Tire & Rubber Co.’s Goodyear Dunlop (EMEA) group opened its new winter tyre testing facility, deemed the “Arctic Center,” in Ivalo, Finland, on Dec. 8. The track is leased from Action Park, a company that specializes in winter…
IRGA plans to boycott domestic tyre makers
The Indian Rubber Growers Association (IRGA) may boycott domestic Indian tyre manufacturers if tyremakers continue to buy rubber from cheaper, imported sources. The association, which accused the companies of trying to “cash in on the miseries of the rubber farmers,”…
Bridgestone tyre manufacturing plant in Wilson gains Honda award
20 Bridgestone Americas announced that its Wilson, N.C. tire manufacturing plant recently received three Green Factory Environmental Achievement Recognitions at Honda’s 22nd annual Environmental, Safety and Ergonomics Symposium. The Bridgestone Wilson tire plant, which produces more than 32,000 passenger tires…
Lindberg & Lund Group to market Wacker silicones
Germany-based Wacker Silicones has appointed Norway’s Lindberg & Lund Group to market its products of room-temperature-vulcanizing silicone rubber grades in Finland, effective March 1, 2015. Meanwhile, in Sweden, ABIC Kemi AB, (which is now part of the Lindberg & Lund)…
Continental cleared to buy Veyance, against sale of air springs plant
German auto dealer Continental has obtained clearance from US antitrust authority (the Department of Justice) to buy the rubber and plastics company Veyance Technologies under the condition that that it will divest Veyance’s air springs plant in San Luis Potosí,…
Apollo launches largest loader tyre at IMME 2014
Apollo Tyres has introduced the largest ever loader tyre in India at the 12th International Mining and Machinery Exhibition (IMME) 2014 in Kolkata. The company also launched its second product, the ALT 188 TX tyre with the industry’s first traction…
Malaysia, Indonesia and Thailand heightens efforts to end rubber price fall
Malaysia, Indonesia and Thailand are intensifying their efforts to help stop the decline in world rubber prices which is affecting their economies and planters. Plantation Industries and Commodities Minister, Amar Douglas Uggah Embas, said one of the measures suggested was…
European SSBR spot prices dropped
Platts reports, “European solution styrene butadiene rubber spot prices fell to their lowest level last week since Platts started assessing the market in September 2012 on warmer-than-expected temperatures as the winter-tire season fails to take off, according to sources. The…
Thai gov’t and private sectors to launch Bt420-million rubber fund
The government and private rubber-business operators will jointly launch a Bt420-million fund, with the aim of tackling the tumbling price of rubber. Pongsak Kerdvongbundit, honorary president of Thai Rubber Association, said private operators would contribute Bt30 million each to the…