Defra is considering whether to take action over permit exemptions for waste tyre recycling sites, after the Tyre Recovery Association (TRA) reiterated its call for a freeze on the registration process last week. The TRA has said it is alarmed…
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Lack of ‘import category classification’ swell tyre imports
Government is losing approximately Rs 5,000 million annually on import of tyres on lack of classification in some import categories. In January 2013, the local tyre industry in a meeting with Customs officials advised them to pursue the case with…
Tokyo rubber futures dropped; oil, yen support
The benchmark Tokyo rubber futures slipped on Monday as investors liquidated contracts ahead of Chinese economic data release to avoid risks, but firm oil prices and a weaker yen still lent support, dealers said. The Tokyo Commodity Exchange rubber contract…
5 new tyres added to Continental truck-bus range
Continental Tire the Americas L.L.C. is rolling out several additions to its Hybrid, EcoPlus and bus tyre lines at this week’s Mid-America Trucking Show in Louisville. Each new line addresses a specific market segment, and all have been designed to…
1link Service Network aiming dealers for fleet tyre business
Epyx’s 1link online trading platform has been upgraded and now includes tyres. Leading tyre distributors and manufacturers have signed up to provide stock at competitive prices. Epyx said the move will enable dealers to provide a nationwide, fixed price tyre…
DMACK Tyres aspiring to catch consumer market
The Carlisle-based tyre brand DMACK is launching a range of 75 tyres for the consumer market. Dick Cormack, a former rally driver and motorsport product development manager at Pirelli, set up the business in 2006 initially to design and produce…
Rubber prices toughen
Physical rubber prices finished marginally higher on Saturday. The market opened steady but improved on covering purchases during late trading hours. The trend was mixed. Sheet rubber firmed up to Rs.149.50 (149.00) per kg, according to traders. The grade improved…
MRF eyes procurement, may set up factory outside India
India’s second-largest tyre maker by revenues MRF Ltd is eyeing several acquisitions opportunities but remains cautious over committing itself to inorganic expansion, chairman and managing director KM Mammen told The Times of India. Taking a dig at the aborted deal…
Lanxess — green tyres are the way forward in China
China produced more than 500 million radial tyres in 2013. And China’s fast growing automotive market bolsters the country’s position as the world’s major tyre producer.
Speciality tyre market to continue on growth path of 7%
Speciality tyres make up around 21% of the total tyre market and are projected to increase in value and volume in coming years, according to a new report from Smithers Rapra. The “Future of Specialty Tires” to 2019 details the…