Forward Markets Commission has permitted national commodity bourse NMCE to launch rubber mini contracts for up to 5 tonnes from next month to increase the participation of small traders. Currently, the National Multi Commodity Exchange (NMCE) offers futures trading in…
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Conti launches latest winter tyres
Continental launched its new premium winter tyres, Winter Contact TS 850 P. The tyre range will be available at leading tyre dealer stores from coming fall. New Generation Winter Tyres Continental Winter Contact TS 850P is the new generation of…
Pirelli’s cintarutto tyres top performance tests
Pirelli tyres has scored well in test results carried out on its Cinturato range by leading European publications, according to Tyres and Accessories. Russia’s largest motoring magazine tested the Cinturato P1 in size 185/60 R14 against 14 competitors from Nokian,…
Nokian Tyres posts 2014 sales drop on weak economy
Due to a weaker forecast for the economy in Russia and CIS, Nokian Tyres downgrades its guidance for 2014. The clearly devalued Rouble has hurt Russian economy and the purchasing power of Russian consumers, thus weakening tyre demand and Nokian…
MRF and Apollo lead in Indian Tyre Market
India is a fast developing economy and also one of the largest automobile markets across the globe. Easy availability of finance, rising disposable income levels and favorable government initiatives are the major supporting factors for the automobile industry in the…
Italian firm introduces new tyre recycling technique
In Europe in 2011, 3.2 million tonnes of used tyres had to be disposed of. Recycling techniques are evolving in order to recover all the materials used to make the tyre, that includes not just the rubber but also fibres…
Asian FTAs balancing pros and cons for the auto industry
Asia is at the forefront of Free Trade Agreement (FTA) activities. There are more than 500 FTAs in the region, some of which are in effect and the rest are in the midst of being implemented. The FTAs are meant to give equal benefits to signatory parties.
Armenia to utilise Iran’s gas for chloroprene rubber production
Vazgen Safaryan, the chairman of the Union of Domestic Commodity Producers, recently announced that the Nairit chemical plant in Yerevan could use Iranian gas to resume production of chloroprene rubber. Speaking at a news conference he said the Union had…
Conti unveils new touring performance tyres
Continental Tire the Americas LLC has introduced the TrueContact, a touring performance, all-season tyre. The company says its proprietary technologies can save the consumer up to $550 over the life of the tyre. “The TrueContact brings together many of our…
Recent fall of rubber prices probed
The recent fall in natural rubber prices has attracted wide attention of the media and hectic parleys between the stakeholders and the concerned authorities. The monthly average price of RSS-4 grade (the most popular form of rubber processed in the…