The United Planters Association of South India (UPASI) has expressed its opposition to the demands of tyre manufacturers to reduce the import duty on natural rubber (NR) in the country as it will be detrimental to the interest of the…
Category: Industry News
Continental, Caterpillar to collaborate on new OTR tyre designs
Leading German automotive company Continental AG signed a collaborative agreement with American corporation Caterpillar Inc. on designing new tyres for two Cat products: Medium Wheel Loaders and Articulated Dump Trucks. Under the agreement, Continental’s RDT-Master tyres (sizes 18.00R33, 21.00R33 and…
Yokohama sees growth in 2017 operating profit despite rising rubber prices
Japan’s third-biggest tyre maker, Yokohama Rubber Co. Ltd., is expecting a 12% increase in their operating profit for 2017 despite the rising prices of natural rubber and other raw materials. The world’s eighth-biggest tyre maker predicts operating profit will grow…
India shows increasing trend in natural rubber production
India is experiencing a continuous rising trend in its production of natural rubber (NR), with the total production for January 2017 showing a 26.93% increase as compared to the figures during the same period last year, according to the country’s…
Bridgestone’s Examation receives “Tire Manufacturing Innovation” award
Bridgestone’s new tyre building system has been awarded “Tire Manufacturing Innovation of the Year” in the 2017 Tire Technology International Awards for Innovation and Excellence. The independent jury of 27 top tyre industry experts applauded Bridgestone’s achievement in the use…
SRI’s acquisition of UK-based Micheldever Group has been completed
Sumitomo Rubber Industries, Ltd. (SRI) has completed its acquisition of UK-based Micheldever Group Ltd., the largest independent wholesaler, distributor and retailer of tyres in the UK. The acquisition of Micheldever from Graphite Capital Management LLP was initially announced on January…
Continental named Tire Manufacturer of the Year at Tire Tech Expo 2017
Leading German automotive manufacturing company Continental AG has been given the “Tire Manufacturer of the Year” award at the recent Tire Technology Expo 2017 in Hanover, Germany. A high-calibre panel of 27 judges, including experts from Europe, Japan, India and…
Kumho Chairman making a bid for control in company
After last month’s news that China’s Doublestar would by the likely buyer of Kumho Tire https://rubberjournalasia.com/kumho-likely-to-be-sold-to-chinas-doublestar/, it now appears that Kumho Asiana Group Chairman Park Sam-Koo has raised nearly US$870 million to buy back a controlling stake in the group’s…
Malaysia leads global rubber glove production in 2016 with 133.6 bn pieces
Malaysia led the global rubber glove production in 2016, manufacturing around 133.6 billion pieces, which represented 63% of the world’s total. Rubber glove exports were worth an estimated RM 14.3 billion, continuing the country’s streak as the world leader in…
Evonik’s Polyvest ST in modern tyres reduces rolling resistance by up to 30%
Evonik, one of the world leaders in specialty chemicals, is expanding its silica/silane system technology for modern tyre production with the newly developed Polyvest ST technology that could further decrease rolling resistance in tyres by up to 30% relative to…