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Falling rubber prices affects Sri Lankan tappers

Sri Lanka’s rubber growers are being hit by falling world prices with production volumes also dropping due to a drought within the country, an industry association said. Deputy Chairman Planters’ Association of Ceylon (PA) and CRTA Vice Chairman S. S.…

South Dakota tyre manufacturer relocates headquarters

TreadWright, a small but growing manufacturing company that converts recycled tyres into new tyres for light trucks, SUVs and off-road vehicles, has moved its headquarters from South Dakota to Houston. The company recently began local recycling and manufacturing production at…

Global rubber surplus exceeded estimate

A surplus in the global natural-rubber market this year will be 78 percent more than estimated in December as demand growth weakens and production in Thailand surpasses forecasts, according to The Rubber Economist Ltd. The glut is seen at 652,000…

SON concerns the import of used tyres into Nigeria

The Director General of Standard Organisation of Nigeria (SON), Joseph Odumodu has expressed deep concern over the influx of used tyres into the country. Odumodu, who blamed this trend on the porous Nigerian borders, said these tyres are not only…

Michelin implants RFID in Formula E tyres

Michelin has been partnered the FIA Formula E Championship right from the beginning and developed a purpose built 18 inch race tyre for the Spark-Renault SRT_01E electric Formula E car. Besides the size, as it created a league of its…

Apollo Tyres expecting an increase in export revenue

Apollo Tyres is expecting 50 per cent increase in export revenue from Asia Pacific, West Asia and North African markets in this fiscal, according to President Satish Sharma. The region contributes around 11 per cent of the company’s turnover of…

UK farming company impressed with Michelin tyres

When the dealer who fits your tractor tyres calls to ask if you’ve moved your business elsewhere, you’ll know that they’re lasting longer than expected. According to Michelin that is what happened at Moundsmere Farming Company, a large-scale UK farming…