Since the recent recession that started in 2009, the farm segment has been looked at as a high point for the tyre industry, but even as unit sales continued to grow in 2013, reduced raw-materials costs led to a relatively…
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Pirelli Diablo Superbike Pro updates for 2014
The Pirelli DIABLO Superbike PRO, the tyre born in 2009 thanks to the experience of Pirelli in Superbike championships and developed for training sessions on track and track-days,
Rubber procurement to stay till prices reach Rs 171 per kg
The Kerala government today announced the open market procurement of rubber from the growers in the state would remain till prices reach Rs 171 per kg . A high-level meeting chaired by chief minister Oommen Chandy decided to continue with…
‘Rubber theft major dilemma’ – Planters express concern
Rubber planters under the banner Rubber Planters Association of Liberia (RPAL) have expressed serious concern over the wave of Rubber theft in the industry. RPAL described rubber theft as an age-old problem in the sector that occurs at every level…
Asia rubber-tyre grades at multi-year lows; SIR20 sold to Bridgestone
Tyre grade prices tumbled to multi-year lows this week because of weakness in benchmark Tokyo futures and persistent worries about slowing demand from main consumer China, dealers said on Wednesday. Although the dip in prices spurred buying from tyre makers,…
It’s crystal ball time for future European tyre sales
At this time of year as we venture into yet another trading year in the European tyre industry, thoughts naturally turn toward anticipated sales performance for 2014. Having taken a comprehensive look at what the analysts are predicting amidst streams…
Ineos said to seek lower rate on $3.7 Billion of loans due 2018
Ineos Group Holdings SA, the world’s largest maker of phenol and nitrile chemicals, is seeking to lower the rate on about $3.7 billion of loans that expire in 2018, according to two people with knowledge of the transaction. Bank of…
Glove maker Ansell resolves Iran export claims
A US-based unit and French affiliate of Ansell Ltd. have agreed to settle claims they violated US export controls by arranging to ship thousands of industrial-strength gloves to Iran without authorization, the US Department of Commerce said Friday. New Jersey-based…
Michelin joins tire recycling efforts in France
Michelin has announced that its tire recycling project (TREC) is partnering with the French Atomic Energy and Alternative Energies Commission (CEA); biotechnology company Proteus; and Solides Divisés Technologies (SDTech), an industrial company specializing in ultrafine powders, to develop two new…
GMB ‘devastated’ by Dunlop’s decision to relocate
GMB have said they are ‘devastated’ with the decision by Dunlop tyres to relocate the manufacturing of motor sport tyres abroad. In a statement, GMB have responded to the announcement and feel the company have been ‘disingenuous’ after several meetings…