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Nigeria reports rubber production downturn

Capacity in Nigeria’s rubber industry has fallen from well above 130,000 metric tonnes per annum (tpa) to between 65,000tpa and 60,000tpa on account of the failure to replenish old plantations and establish new ones experts say. Also, rubber prices which…

Michelin unveils new wide-base single trailer tyre

Michelin North America Inc. has launched a wide-base single trailer tyre for regional operations with a new casing design to reduce irregular wear. The new Michelin X One Multi Energy T is SmartWay-verified. Michelin says the latest addition to the…

NR under threat due to crude prices downsurge

With Brent crude oil prices plunging to a four-year low at $88 a barrel, natural rubber prices, too, are set to come under pressure. This is more so because as crude prices drop, the rates of synthetic rubber will also…

Marangoni Group gains German earthmover tyre retreader

Marangoni Group has acquired Recamax Reifen G.m.b.H., a Bergkamen, Germany-based earthmover tire retreading specialist, in a move to strengthen its presence in Germany. Financial terms were not disclosed. Marangoni and Recamix have been business partners for more than 25 years,…

Giti reveals new highway-terrain tyre

Giti Tire has launched the Runway Enduro SUV, a new highway-terrain tyre designed specifically for the entry level mid-range sector.ph058.Runway Enduro SUV The tyre features wide longitudinal grooves for excellent wet performance, lateral grooves for efficient water evacuation, an asymmetrical…

ETRMA reports stable tyre sales for 3Q of 2014

The European Tyre and Rubber Manufacturers Association (ETRMA) recently published sales figures for tyres in the third quarter of 2014. During this term, ETRMA says that sales stabilised on the levels of 2013, after the strong performance of the first…