The Cambodian General Directorate of Rubber under the Ministry of Agriculture, Forestry and Fisheries reported a 23% increase in rubber exports with an average price of US$1,279 per tonne for the first quarter of 2019–about US$61 million in revenue. The…
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Boge expands production of vibration control systems in China
China’s automotive industry is growing rapidly and manufacturing plants are quickly cropping up around China. Germany-based supplier of vibration control technology and plastic solutions for the automotive industry, Boge Rubber & Plastics, is jumping on the bandwagon too, and will…
Michelin Air X tyres chosen for Japanese ANA’s new Airbus A380
The Michelin Air X radial tyres will be fitted on Japanese All Nippon Airways’ (ANA) Airbus A380 aircrafts – the tyres feature Michelin’s Near Zero Growth (NZG) technology designed to ensure minimal tyre growth.ANA has purchased three A380 aircrafts, the…
Continental focuses on technologies for electric vehicles
Continental is banking on China as the country leads the development of electric mobility – the German technology company is providing new vibration control technologies to the Chinese electric vehicle market. Yimin Zhu, Head of R&D at Continental China has…
Oqema acquires chemical distributor EVS
German chemical distribution company Oqema Group has acquired Italian chemical firm Elettrochimica Valle Staffora (EVS). EVS’s business line covers the full organic and inorganic product ranges in the following business lines: industrial, food, pharmaceuticals and cosmetics, water treatment, and rubber…
Global automotive tyre market to be valued at $645bn by 2027
The global automotive tyre market expects an overall robust growth rate during the forecast period with a CAGR of 6.3% and will have an anticipated value of about US$645 billion by end-2027. Passenger vehicles are expected to lead the global…
Kobe Steel takes over L&T jv in India
Japanese rubber machinery maker Kobe Steel has taken full control ofits Indian tyre/rubber machinery joint venture, L&T Kobelco Machinery (LTKM). LTKM began as a joint venture in 2010 with 51% held by Indian firm Larsen & Toubro and the remaining…
Kraibon: the best of both worlds from Kraiburg Rubber
At the recently concluded plastics and rubber show in Seoul, South Korea, Koplas 2019, Germany’s Kraiburg Rubber was promoting its Kraibon elastomers for lightweight construction of automobiles, which is a key issue in modern vehicle production processes, while taking into…
Marangoni GRP adds Chennai Ringtread franchisee
Indo-Italian JV Marangoni GRP (MGPL) has introduced a new entrant into the commercialtyre retreading business with Ringtread franchise eXtramiles in Chennai, India. Giuseppe Marangoni, Vice President of Marangoni Group, and Harsh Gandhi, Joint Managing Director of GRP inaugurated the franchisee…
Retread tyres market sales projected to increase by US$9 mn
The global retread tyres market value is expected to increase by a CAGR of 4.6% during the 2018-2028 forecast period as reported by Future Market Insights (FMI) – the global sales of retread tyres are estimated to be valued at…