Sentury Tire has introduced the Delinte DV2 Commercial Van Tire to its lineup. The lineup, available for immediate shipment, will have 15 sizes, load range C-designated to fit commercial vans that require higher load-range or European-spec tyres. According to Max…
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Tyres making strides in growing Asian economies
Growing population and rising economic conditions stimulate tyre demand. Asia Pacific region is predicted to lead in scaling up tyre demand further. ExxonMobil Chemicals in its report…
US takes steps to implement duties on Chinese tyres
The Wall Street Journal reports, “The US took a step Monday toward imposing tariffs on Chinese-made tyres in response to efforts by workers in the American tyre industry to prevent jobs from moving to China. The US Commerce Department issued…
Younger population, consumer confidence drive India’s tyre market
Germany headquartered research firm, GfK, reveals in a new report that India has a flourishing market for vehicle tyres, with shops numbering over 50,000 across the country to cater to its growing younger population and increasing buying power, backed by…
Wacker opens airbag lab in Japan
Wacker Asahikasei Silicone (AWS), a 50-50% Japanese joint venture of Munich-based Wacker Chemie AG and Japanese chemical group Asahi Chemical Industry, opened a new development laboratory for airbag applications. The Airbag Competence Center of Excellence in Silicones (ACES), will spearhead…
World rubber producers plan regional rubber market
The three major world rubber producers of Thailand, Indonesia and Malaysia are targeting to set up a regional rubber market within the next 18 months. Malaysia’s Plantation Industry and Commodities Minister Datuk Amar Douglas Uggah Embas said the framework for…
Myanmar’s rubber exports drop
Myanmar exported more than 30,000 tonnes of rubber in the first seven months (April-October) of the present fiscal year 2014-15, down 238 tonnes from 30,238 tonnes a year earlier, according to the country’s Ministry of Commerce. The average price of…
Indonesian gov’t decided to augment rubber price
The price of natural rubber, which is one of the countrys major export earners, has been on the decline in the past three years. After peaking at US$4 per kilogram in 2011, the price of natural rubber shrank to as…
Indian rubber prices may not rise in short term
Rubber prices have softened despite the decision of top producers Thailand, Indonesia and Malaysia to cut exports from next year, leading to expectations that the prices may not rise in the short term as the coming New Year holidays may…
Thai rubber farmers to denounce draft law
About 50 angry rubber farmers risked violating martial law Tuesday to decry draft legislation aimed at reversing plummeting market prices while also demanding new subsides. Rubber prices hit a seven-week low last week after Thailand, Indonesia and Malaysia, which produce…