Japan’s SoftBank Group is investing US$2.25 billion into General Motors (GM)’s autonomous-vehicle unit. The world’s biggest technology fund, SoftBank’s US$100 million Vision Fund, will invest in GM’s newly created unit, GM Cruise Holdings, in two phases: with the first phase…
Category: Industry News
TOCOM slides after early rise amidst trade tension
“Tokyo Rubber futures took a tumble following an upswing in early trade amidst lingering trade tension between China and the US. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, followed losses in Shanghai…
Cooper introduces new tyres for SUVs, trucks
Ohio-headquartered tyre maker, Cooper Tire & Rubber Co has unveileda new tyre line: the Discoverer AT3.The all-season all-terrain tyres are specifically designed for sport utility vehicles (SUVs) and light-duty pickups as well as medium-to-heavy duty trucks. The Discoverer AT3 range…
Michelin bares tyre innovation plan; focuses on renewable, recyclable tyres
French tyre maker, Michelin outlines its 30-year road map, including plan of increasing the content of recyclable or renewable materials in its tyres by 2048, during the recent World Summit on Sustainable Mobility (Movin’On) event, held in Canada. “By 2048,…
Bridgestone expands fuel-efficient tyre line
Bridgestone Americas is expanding its flagship Ecopia tyre line with the release of the next-generation Ecopia H/L 422 Plus tyre for crossovers, SUVs and minivans. Engineered for long-lasting performance and improved fuel-efficiency. The next-generation Ecopia H/L 422 Plus tyre is…
China and India to boost NR growth, says ANRPC
Driven by improved outlook in the case of China and India, the world consumption of natural rubber (NR) is anticipated to grow faster than what was expected until a month ago. The outlook on consumption during 2018 has been substantially…
Vipal Fleets: the new tyre management software with Vipal Rubber technology
Vipal Rubber, a leader in Latin America and one of the world’s top tyre retread manufacturers, once again leads the way in technology and innovation. The company has just launched Vipal Fleets, a new platform that enables quick and accurate tyre…
High strength, crack resistant rubber developed
A new polymer, using advanced synthetic technology for macromolecular conjugates has been developed by Bridgestone Corporation. Combining rubber and resin at a molecular level, Bridgestone has become the first in the world to develop what it calls High Strength Rubber…
Kossan targets halal cert for second factory this year
Malaysian glove manufacturer Kossan Rubber Industries Bhd is in the midst of securing Halal certification for a second plant in Klang, expected to be finalised by year-end. The second plant is expected to produce 1.2 billion pieces of Halal-compliant gloves each…
Butyl rubber market to total US$4 bn by 2025
The global butyl rubber market is expected to grow at a CAGR of 4.7%, from 2017-2025, and reach a market valuation of over US$4 billion by the end of 2025, according to a report by Persistence Market Research. The rise…