Titan International Inc. posted a net loss of $9 million on net sales of nearly $450 million for the third quarter ended Sept. 30, 2014. That compares to net income of $8.1 million on sales of nearly $500 million for…
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Toyo exhibits tyre products at SEMA Show
Toyo Tire U.S.A. Corp. will showcase its products in three areas at the 2014 Specialty Equipment Market Association (SEMA) Show Nov. 4-7 in Las Vegas. Attendees will see Toyo exhibits at the company’s main tyre display (booth #40041) on the…
Malaysian glovemakers sees no demand upturn despite Ebola crisis
Despite news that the Ebola virus has spread beyond western Africa to Europe and the United States, Malaysian glovemakers say they have yet to see demand for their rubber gloves pick up like it did during the avian flu and…
Indian rubber industry not expected to sustain recovery due to low demand
Although Indian natural rubber prices have moved up 4% during the month mirroring the global trend, the industry is not certain whether the upturn will be sustained. The current rise in international markets is stoked by a series of announcements…
Elasto Proxy reveals new custom-fabricated rubber products
Elasto Proxy, global supplier of specialty seals and custom insulation, is announcing custom-fabricated rubber products made from FDA-approved silicone sponge. By converting sheets, rolls, and extrusions into specialty seals and custom insulation, Elasto Proxy is helping partners in the food,…
Hankook’s Ventus S1 evo2 tyre gains international Good Design Award
Hankook Tire Co. Ltd. has won the international Good Design Award 2014 for its Ventus S1 evo2 tyre in the competition’s personal transportation equipment and facilities category. Hankook says the Ventus S1 evo2 was acknowledged for its asymmetrical tread design,…
Japanese tyre market to expand at a CAGR of 9.45 percent, says report
Research and Markets has announced the addition of the “Tyre Market in Japan 2014-2018” report to their offering. The Tyre market in Japan to grow at a CAGR of 9.45 percent over the period 2013-2018. Tyres constitute an integral component…
AkzoNobel unloads half of its share of Eka Synthomer Oy
AkzoNobel announced the €5 million divestment of its 50 percent share in non-consolidated joint venture Eka Synthomer Oy, to Synthomer. The divestment of these shares follows a strategic review of the businesses within AkzoNobel’s portfolio. Commenting on the transaction, Niek…
Northern Thailand farmers urges state-run organisation to buy rubber
A rubber farmers’ network in Phayao has urged the government to intervene in the market in an attempt to lift the prices of rubber sheets to 60 baht a kilogramme from 47 baht currently. Northern growers want the state-run Rubber…
SRI supplies tyres for Toyota’s premium Lexus RC
Sumitomo Rubber Industries (SRI) is pleased to announce that we have begun supplying our high-performance DUNLOP “SP SPORT MAXX 050” and “SP SPORT 5100” tires to Toyota Motor Corporation for their new “Lexus RC,” which goes on sale worldwide this…