Thailand’s Commerce Ministry has renewed its income guarantee scheme to include rubber and oil palm as top priority agricultural products to be presented to the new government, which advocated income guarantees as part of its election manifesto. According to the…
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Celebrating 75 years: IRSG builds up Asia’s rubber market competitiveness
Rubber’s diverse application, ranging from automotive parts and tyres to rubber gloves and chewing gum makes it an indispensable material in modern society. Demand for the two main rubber types, latex -derived natural rubber and chemicals-synthesised synthetic rubber are driving…
Toyo Tire to build Serbian factory by 2020; production geared for 2022
Toyo Tire will begin the construction of a “smart” production plant in Indjija, Serbia, by May 2020 after an initial investment of US$434.7 million. The Japanese company expects to initiate manufacturing operations in two years of the plant’s completion, with…
Michelin’s margins drop despite price hikes/cost-cutting efforts
French tyre-maker Michelin’s profitability suffered in early 2019 despite its first-half revenue and operating earnings – net income fell 8% to US$940 million; operating margin fell to 12.2% from 12.5%; and sales of the car/light-truck tyres fell by 7.9%, further…
Continental’s Portugal plant produces 15 millionth tyre
Tyre manufacturer Continental has reached its 15 millionth ContiSeal passenger tyre production in Lousado, Portugal – specifically a 255/45-R19 ContiSportContact-5 SUV tyre designed for a Volkswagen. The milestone comes after the corporation’s investment efforts in June 2019. ContiSeal tyres have…
Recycling: Tyre sector tackles circularity of rubber
Also, download this story from the electronic issue here Processing of scrap tyres as viable source of energy, fuel, and materials for key applications is gaining traction in the rubber industry, says Angelica Buan in this report. Annually, more than 1.5…
BMW X5, X7 to use Bridgestone’s upmarket tyres
Bridgestone is set to supply its premium tyres as original equipment for two BMW sports series, namely the fourth-generation BMW X5 and the new BMW X7 luxury sports activity vehicles. The vehicle models will be fitted with tyres from Bridgestone’s…
PCBL India unveils new R&D centre in Gujarat
India’s largest manufacturer and exporter of carbon black (CB), Phillips Carbon Black (PCBL), has launched their new Sushila Goenka Research and Development Centre in Palej, Gujarat, to facilitate the development of new products required by the tyre and other industries…
Pirelli, Blossom introduce rubber-enhanced skis
Italian tyre manufacturer Pirelli and Blossom Skis have partnered to produce a line of skis with a unique rubber compound, derived from the former’s motorsport tyres. A small layer of custom-made Pirelli rubber has been sandwiched into the fiberglass, wood…
Sumitomo’s concept tech harnesses friction from tyres
A new tyre concept from Japan’s Sumitomo Rubber Industries (Sumitomo) aims to leverage static electricity/friction to power a vehicle from within. Sumitomo’s system consists of a regular car tyre and a harvesting device which houses rubber layers and charged films.…