Thailand will sell its large stock of natural rubber “as soon as possible” before the peak production season, the government said according to the Bangkok Post. “As there is no rubber output in the market at this time it is…
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Cooper first quarter operating profit surge
Cooper Tire & Rubber Co. reported net sales of $796 million for its first quarter of 2014, a decrease of $65 million compared with the same period a year ago. Operating profit for the quarter was $81 million, which is…
Stamford reveals Sumo Firenza tyre range
Singapore’s Stamford Tyres will exhibit its range of Sumo Firenza tyres and alloy wheels from Stamford Sport Wheels and Soleil from Hall 6, Stand 6F20. The company says it is particularly interested in visitors representing European, African, and Central and…
Synthetic rubber plant in Malaysia expects to improve tyre production
Malaysia’s tyre manufacturers are unable at the moment to meet the demands of the national automotive industry because of non-competitive raw material prices. However, with the opening of a new synthetic rubber plant at the Refinery and Petrochemical Integrated Development…
Decline on buying price of rubber alarms North Cotabato planters
Agriculture officials in the province of North Cotabato have called for a meeting to address the continuous drop of buying price of rubber cup lump. Engineer Eliseo Magliwan, North Cotabato provincial agriculturist, said his office is gathering farmers engaged in…
Del-Nat expands product lineup
Del-Nat Tire Corp. is no stranger to working with Chinese tire manufacturers. For years the dealer co-operative, which is celebrating its 25th anniversary this year, has been sourcing tires from China. According to Del-Nat President Jim Mayfield, that country accounts…
Kerala starts to resolve rubber farmers concerns
Kerala starts to resolve rubber farmers distress Kerala Chief Minister Oommen Chandy Thursday said he has directed two state marketing agencies to procure rubber from the open market following the sharp fall in prices in the international market. The price…
API maintains unique business model
API is a distinct player in the Chinese tire market in that it imports most of the tires it sells from Chinese factories but owns the brands and the molds. “We’re wholly owned. We’re not owned by an investment banking…
Chrysler Group picks Goodyear tyres
Chrysler Group LLC has selected the Goodyear Wrangler DuraTrac as original equipment on the new Ram Trucks 2014 Power Wagon. Goodyear Tire & Rubber Co. will supply the 33-inch tire in size LT285/70R17. Goodyear says the 2014 Power Wagon is…
US forest products industry recovers, tyre market predicts growth
In recent years, the crash of the US construction market has played a huge role in the forest products industry in North America. A worldwide economic downturn has also impacted exports of lumber from the region. Now, the forest products…