Tye pressure is never a pressing issue—until we’re in the middle of the road pulling out the spare. That’s why a startup called FOBO developed a Bluetooth pressure monitor that syncs to your smartphone. FOBO Bike is the world’s first…
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Michelin launches new retread
Michelin Americas Truck Tires, a division of Michelin North America, Inc, launched a new retread—the Michelin X Multi Energy D Pre-Mold. The retread is a compliment to the Multi Energy D drive tyre and the company says it delivers 25%…
Australia tyre market forecast to hit US$ 2.8 Billion in 2015: TechSci Research
According to the report “Australia Tyre Market Forecast & Opportunities, 2020” by TechSci Research report, the tyre market in Australia is predicted to hit around US$ 2.8 billion in 2015. This is due to several factors, such as: increase in industrialization, increasing automobile fleet, development of…
Rubber subsidy set at Rs 150/kg
Rubber subsidy has been set at a minimum of Rs 150/kg starting on Wednesday. It is for growers under the Rubber Production Incentive Scheme (RPIS). The scheme, which is purportedly aimed at retaining the support base of the UDF in…
Rubber-based manufacturers riding on strong dollar
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…
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.…