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Company develops bike tyres that never go flat

Flat tyres will soon be a thing of the past. A Korean company developed Tannus Tyres, a solid bicycle tyre that never goes flat. The tyres don’t blow out when punctured, or lose tyre pressure, because they’re not filled with…

Oshawa assembly line of GM to be extended till 2017

General Motors Co (GM.N) will keep its Oshawa assembly line in operation. GM said it would invest C$12 million to increase Chevrolet Equinox production and make related changes at the separate CAMI Assembly, extending production on its consolidated line to…

Asian rubber futures end diversified

Asian rubber futures ended the session mixed Tuesday. Benchmark Tokyo rubber futures for January delivery ended down 6.2 yen at Y168.7($1.40) a kilogram. The benchmark futures have fallen 31% since June and markets were expecting little recovery in demand. “The…

Medline expands Honea Path, S.C. Plant

In order to cater to the 18 % of healthcare workers who are allergic to latex, Medline is expanding its Honea Path, S.C plant. This plant produces a synthetic polyisoprene material called Isolex ™ by 30 percent. The company is…

Natural rubber market consumption: report

Despite the fall of output of natural rubber in 2014, its consumption saw a year-on-year growth of 6.8 % to 12.16 million tons, fuelled mainly by the global tyre market. Global natural rubber market (consumer) is primarily concentrated in China,…

Michelin invests on Chinese ride-sharing startup

Michelin recently invested in a Chinese startup called Luli Informartion Technology. The startup is developing Lu You Tong Xing, an app offers ride-sharing services. Ride-sharing is Luli’s core business and areas of expertise. It matches people who want to ride-share…

Car sealant manufacturer SaarGummi expands to Mexico

Chinese-owned manufacturing company SaarGummi is expanding to Mexico. The company is making a new home in the La Angostura manufacturing community in Saltillo, Coahuila, Mexico. La Angostura is managed by the Offshore Group who welcomed the newcomer in their community.…

New tyre tracking system developed for truck fleets

Mobile Awareness, LLC produced a tyre-monitoring and tracking system for truck fleets of any size. MobileTraq tracks tyre pressure, tyre temperature, and GPS location. The system provides data that increase efficiency and prevent field breakdowns. Tyres are fitted with a…