Apollo Tyres Ltd. has settled on a site in northern Hungary — apparently — for its $650 million car and light truck tire plant, based on the European Commission’s granting approval for Hungary to provide investment aid of nearly $124…
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Global tyre makers invests $8.6 billion to expand capabilities
The world’s major tyre makers committed at least $8.6 billion in the past year toward new and expanded capacities and research capabilities, representing nearly 46 million units in new annual capacity for consumer tyres and 4 million to 5 million…
University of Akron researcher to research renewably-sourced rubber
Companies creating a certain synthetic rubber face a tradeoff. While halobutyl rubber is useful to the tire and healthcare industries, it carries a cost: Making it uses chlorine and bromine, both harmful gases. Recycling also is a problem because the…
Cabot reports price increase on specialty carbon products
Effective October 1, 2014, or as contracts allow, Cabot Corporation will increase prices, up to 8 percent globally, for specialty carbon products. This price increase is required due to escalating operating and environmental compliance costs, as well as continued investment…
Mitas extends ERL-50 earthmover tyre range
Mitas a.s. is introducing the newest addition to its family of ERL-50 earthmover tyres, the 23.5R25 ERL-50. at Steinexpo in Homberg, Germany. It will become available for worldwide sale in October. ERL tyres are used on loaders, dozers and graders…
Evonik expanding speciality silica capacity in Japan; global capacity up by 30%
German chemicals firm Evonik Industries is expanding its speciality silica capacity in Ako, Japan, through a holding in DSL Japan. Evonik holds 51% shareholding in DSL, a joint venture with the Japanese Shionogi & Co. Ltd. The expansion, with an…
Toyo releases premium, all-season touring tyre
Toyo Tire U.S.A. Corp.’s new Toyo Versado Noir is a premium, all-season touring tyre for sedans and coupes. Designed to stand out in the sea of “round and black” tyres, the Versado Noir offers long tread life plus fuel efficiency…
Asian Rubber: Thriving against rubber volatility
Given that rubber is a volatile commodity, the Asian bloc, being the world’s largest rubber supplier is not spared from the travails of high inventories, unpredictable demand, and price swings…
Recycled carbon black to power electric vehicles?
Yes, the possibility of recycled carbon black being used to power electric vehicles could be a reality. Old tyres have never had it so good. In a bid to divert them from the landfills, tyres are…
Malaysian rubber makers expects demand increase in rubber gloves
Malaysian Rubber Glove Manufacturers Association (Margma) expects to see a growth in demand for the country’s rubber gloves and does not foresee a price war among local rubber glove players as there is a pricing mechanism fixed by the industry…