Rosneft is seriously considering construction of a rubber plant in Armenia, Russian ambassador Ivan Volynkin stated, commenting on the company’s plans on Nairit chemical plant in Yerevan. “The issue being a complicated one, Rosneft is trying to find a mutually…
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Bacup tyre firm rises from the ashes
A long-standing Bacup business which was destroyed by fire has re-opened at a new site. The inferno at PC Tyres and Exhaust ripped through industrial units on Rockcliffe Road last November, leaving workers jobless. Owner Peter Salt was forced to…
French tyre maker Michelin’s net income slides 24 percent
French tyre maker Michelin reported a 24 percent fall in 2013 net profit as volatility in foreign exchange markets hit its earnings. The manufacturer’s net profit came in at 1.13 billion euros, below forecasts of 1.37 billion euros in a…
EWS unveils lower carbon tyre recycling process
A tyre recycling process designed by Environmental Waste International emits 12,166 metric tons fewer carbon dioxide equivalents compared to incineration, and 3,136 metric tons fewer CO2e compared to the production of crumb rubber, according to results reported by consultancy Pinchin…
Schwalbe and Syntace unveil dual chamber tyre system
Schwalbe and wheel maker Syntace have unveiled details of a new dual chamber tyre system which promises greater traction and control – but without the snake bite flats. The system, which is still a tubeless model, allows the chamber closest…
Ceat’s future performance treads on low rubber prices
Ceat Ltd had a good run in the December quarter, riding on the tails of a marketing push aided by lower raw material prices and healthier growth in the original equipment segment. The company’s net sales increased by 15% from…
RBI okays rubber field offices for Nagaland
With the increasing number of rubber plantations in Nagaland and the felt need to assist the growers, chairman of Rubber Board of India (RBI) has approved the proposal to open rubber field office in Sanis under Wokha and Niuland under…
LAMMA involvement indicates Infinity’s UK agricultural tyre market interest
Infinity Tyres has revealed that its debut participation at LAMMA, the UK’s leading farm machinery equipment show held at the East of England Showground complex, is a sign of things to come. The tyre brand, manufactured by Shandong Linglong and…
Top Glove upgraded to Buy, unch TP of RM6.32
UOB Kay Hian Malaysia Research has upgraded Top Glove to a Buy with an unchanged target price of RM6.42 as it will benefit from falling latex prices and is set to capture additional demand from a possible avian influenza pandemic.…
Rhein Chemie joins Tire Technology Expo
Under the motto , “125 years of focusing on the future. For a world in motion, Rhein Chemie, a wholly owned subsidiary of the specialty chemicals group Lanxess, has presented its comprehensive portfolio of innovative solutions for tyre manufacturers at…