Analysts say that escalating oil prices are a prelude to oil shortages. It is for this reason that the industry is seeking ways of deriving oil from varied, even unlikely, ways like tyre pyrolysis.
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Production kicks off at Hankook’s Chongqing plant
Hankook Tire’s plant located in Chongqing Municipality Liangjiang District Yuzui industrial park has been officially put into operation after several months of trial production. The US$954 million-worth plant, covering an area of 796 acres, will be producing tyres for passenger…
Goodyear starts work in new East Akron headquarters
Goodyear Tire & Rubber Co. has started work in the new multi-storey building on Innovation Way in East Akron with the first batch of 200 Goodyear staff from the IT and finance departments moving in from the old office in…
KeyGene and Apollo to produce tyres from dandelion latex
SCIENTISTS at the Dutch biotech firm KeyGene are developing the dandelion as viable source of rubber, with the latex-rich roots of the flower as material for tyres, adding that the common weed is a potential renewable alternative worth nearly US$100…
Zeon Chemicals produces elastomers with bio-derived materials
ZEON Chemicals L.P. is currently undertaking production trials of synthetic rubber that is both sustainable and reduces the dependency of fossil fuel at its Hattiesburg, Missouri manufacturing facility. Hydrin elastomers use an epichlorohydrin monomer derived from palm and other vegetable…
Thailand is not renewing rubber-buying scheme
The Deputy Agriculture Minister, Yuthapong Charassathien stated that the scheme is no longer necessary since prices have reached the levels that are satisfactory for the farmers.
Conti’s Greenfield site to be completed by year end
CONTINENTAL Tire the Americas, LLC marks a milestone in the construction of its Greenfield site in Sumter, South Carolina, as the last steel beam of the basic structure was secured in the one million square foot production facility, which Craig…
Global Bioenergies gets new funding of EUR1.17 million
The payment, which is part of the initiated partnership with Synthos, follows the EUR 1.5 million received for the successful completion of the first phase of the butadiene programme in December 2012.
JK Tyre to expand domestic tyre capacity
An investment proposal of Rs.160 crore for the expansion is given a green light from the company’s board.
Yokohama hoists tyre output in Russia
YOKOHAMA Rubber Co., Ltd., announced that the company will is increasing the annual production capacity of its Russian production and distribution subsidiary Yokohama R.P.Z. from current 1.4 million to 1.6 million tyres. With an investment of JPY500 million, the capacity…