Thailand’s military government will encourage farmers in the world’s biggest rubber producer and exporter to cut down more rubber trees in a bid to restrict supply to help shore up prices, a senior government official said on Tuesday. Global rubber…
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Purchase of Pirelli steel tyre cord business approved
The European Commission has approved the proposed acquisition of the steel tyre cord business of the Italian company Pirelli by its Belgian-based rival NV Bekaert SA under the EU Merger Regulation. According to an official statement dated 31 July, the…
QDRPM partners with German rubber machinery maker
Qingdao Doublestar Rubber and Plastics Machinery Co. Ltd. (QDRPM), a fully-owned subsidiary of rubber tire and machinery maker Qingdao Doublestar, has signed a contract to partner with Harburg-Freudenberger Maschinenbau GmbH (HF). Under terms of the 10-year contract, HF will license…
BKT reports double-digit growth in sales
Agricultural tyre specialist Balkrishna Industries Ltd. reported double-digit growth in sales and earnings for the quarter ended June 30, the company’s fiscal 2015 first quarter. Pre-tax operating income jumped 22.8 percent to $40.2 million on 17.8-percent higher sales of $161.8…
CPI(M) requests to restrict rubber imports to protect farmers
The CPI(M) has urged the Centre to impose restrictions on import of natural rubber. Citing the “pathetic situation” of rubber farmers in the country, the party said unrestrained import of natural rubber into the country was a major factor in…
Kraton reports financial development for Q2
Kraton Performance Polymers, Inc. announces financial results for the quarter ended June 30, 2014. Second quarter 2014 sales revenue was $323.8 million on sales volume of 78.4 kilotons, down $10.8 million compared to sales revenue of $334.5 million in the…
Chinese synthetic rubber regarded for over one-third of the global utilization
Since the 21st century, automobile industry and tire industry have developed rapidly in China, which promotes the demand for rubber in return. In 2012, the output volume of automobiles reached 19.27 million units and that of radial tires totaled 460…
Michelin adds new tyre to SprayBib range
Michelin North America Inc. is adding a 50-inch tyre to its SprayBib line. The new MichelinVF420/95R50 177D SprayBib is designed to support larger spraying equipment. The company says the new tyre will share all the qualities of the current 46-inch…
Bee’ah tyre recycling facility uses eco-friendly cryogenic process
Bee’ah of Sharjah now uses a high-tech Tyre Recycling Facility — the first of its kind in the region — which uses an eco-friendly cryogenic process to recycle about 3 million used tyres a year and convert them into crumb…
Sumitomo Rubber reveals new premium runflat tyre
Sumitomo Rubber Industries is pleased to announce that, starting this July, we have begun selling our new “AZENIS FK453 RUNFLAT” premium runflat tyres*1 in Europe. These new tyres are made using our groundbreaking “NEO-T01” next-generation manufacturing process, developed in pursuit…