Skellerup Group’s $50 million plan for a new rubber products plant was given final consents today. Chief executive David Mair said while the building should be finished by December 2015 but a move from the existing Woolston site might not…
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Weak rubber prices benefits tyre makers
Shares of tyre makers rise on weak natural rubber prices and increased auto sales. Demand from auto companies expected to accelerate, traders say, citing revival in passenger vehicle growth. Demand recovery is expected in passenger vehicles over the next six…
China rubber products demand expected to boost
Demand for rubber products in China is projected to grow 8.8 percent per year to 740 billion yuan in 2017. Advances will be supported by healthy growth in manufacturing, especially in the industrial machinery and motor vehicle industries. Rapid expansion…
Capitol reports safety recall of Precision Trac II tyres
ITG Voma Corp., manufacturer of Capitol brand tyres, is recalling certain Capitol Precision Trac II tyres because they may experience tread separation. The 94,890 potentially affected tyres are sizes 245/70R17, 235/70R16, 235/75R15, 245/70R16, 245/75R16, 255/70R16, and 265/75R16 and were produced…
Vacu-Lug launches new range of commercial vehicle tyres
Vacu-Lug Traction Tyres has launched the first in its new flagship range of commercial vehicle drive axle tyres, inspired by the latest production techniques and technologies used in aircraft and high-performance tyres. The Vacu-Lug Logistik range is designed to offer…
Michelin opens world’s first airless radial tyre plant
French tyre maker, Michelin, recently opened its newest plant in North America, which will produce the innovative Michelin X Tweel Airless Radial Tire for commercial applications. The new 135,000 sq ft facility in Piedmont, represents Michelin’s 10th manufacturing facility in…
Toyo files infringement suit against Chinese firm
During the course of the recent SEMA Show/Global Tire Expo, Toyo Tire & Rubber Co. and its U.S. operations took legal action against a Chinese tyre firm whose display features a business name and logos that infringed on its name…
Cambodian rubber industry threatened by illicit cross-border trade
An illicit cross-border rubber trade is thriving in Cambodia amid plummeting global prices and is threatening legitimate processing operations in the country, according to business owners and industry experts. The first half of the year saw local rubber prices tumble…
Sri Lanka to implement guaranteed price for rubber
The Rubber Development Department says that the guaranteed price for rubber proposed through the recent budget, will be implemented with effect from the 15th of this month. Director General of the Department of Rubber Development R.B. Premadasa says that around…
Toyo announces safety recall of 175,000 tyres
Toyo Tire Holdings of Americas Inc. has announced a safety recall campaign on approximately 175,000 Toyo and Nitto brand tyres intended for light trucks, SUVs and vans including those used in commercial applications. The recall campaign covers select Toyo Open…