Rubber-based manufacturers are riding high on the wave of strong dollar. They continue to outperform the whole stock market by about 40 %, despite their share prices having settled quite a bit for the past week. For the past two…
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Michelin recalls truck tyres due to rupturing
104,000 BF Goodrich tires used for light trucks and recreational vehicles are being recalled by Michelin because the sidewalls can rupture under severe use conditions. No death or injury because of the ruptured tyres have been reported. Michelin North America…
Apollo Tyre sets eyes on Southeast Asia for next plant
Apollo Tyres is eyeing Indonesia, Vietnam or Thailand to build its mega tyre plant. “Our tyre plant in Asean will have big capacity and big economies of scale,” president Satish Sharma said last week. Apollo Tyres achieved US$2.08 billion (Bt74.6…
Imported rubber threats threaten local industry
The Indian rubber industry takes hit after hit these past couple of weeks. The cheaper, imported competition is not making things any better. Rubber threads manufacturers are now cutting down on production since it’s becoming hard to compete with the…
Timberland and Omni United turn tyres into boots
Omni United and Timberland team up to produce “Timberland Tires”, tyres that are made of be recycled into shoes at the end of their careers. The two companies realized that making tyres and making shoes are the two most demanding…
Double Coin looking into building first plant outside China
Chinese tyre manufacturer Double Coin Holdings Ltd is considering building a plant outside China. It already has five tire plants in China, but building one overseas might ease the high export duties needed to sell their tyres in the US.…
Vietnamese company builds rubber plant in Cambodia
The Tan Bien-Kampong Thong Development Company, an affiliate of the Vietnam Rubber Group (VRG), recently opened a rubber latex plant in Cambodia’s Kampong Thon province. The processing plant was designed to produce 3,000 tonnes of rubber latex per year. The…
Michelin and Harley co-branded tyres will be available in replacement market
Michelin and Harley-Davidson recently signed an agreement allowing their co-branded tyres to be sold in authorized dealers of both companies. The Michelin Scorcher 11, Scorcher 31, and Scorcher 32 were original equipments on the Harley-Davidson Sportster, Dyna, V-Rod and Harley-Davidson…
Michelin recalls RV and Truck tyres due to rupture hazard
Michelin North America Inc. is recalling around 104,000 BF Goodrich tyres because of rupture hazards. Under severe conditions, a rupture on the sidewall may cause the tyres to lose air pressure. This may lead to loss of control or car…
Nynas opens adhesive lab in Sweden
Swedish firm Nynas recently opened an adhesive lab located at the company’s Technology Centre in Nynäshamn, Sweden. The speciality oil company said it built the lab to work closer with its clients to meet their individual needs. “We see a…