In what is said to be the largest M&A deal this year, the creditors of Kumho Tire Co. are expected to pick China’s Doublestar Tyre Co. as the preferential bidder for South Korea’s second largest tyre maker. Three Chinese companies had…
Category: Industry News
New method to enhance rubber yield developed by QAU, OSU professors
A new method that uses fungal treatment to increase rubber yields from plants has been developed by Dr. Naeem Ali, a faculty member at the Department of Microbiology in Quaid-i-Azam University (QAU) in Islamabad, Pakistan, along with this PhD student…
ANRPC says global rubber price hike in 2017 will not be substantial
The Association of Natural Rubber Producing Countries (ANRPC) is expecting that any global rubber price increase happening in 2017 will not be substantial, despite the analysis of the International Monetary Fund (IMF) saying natural rubber price would gain much in…
Liquid silicone rubber market to grow at 8.3% CAGR, hit US$3.82 bn by 2026
The global Liquid Silicone Rubber (LSR) market is anticipated to grow at a CAGR of 8.3% during the period of 2016 to 2026, and is expected to reach US$3.82 billion by the end of the forecast period. Used in many…
Marangoni expands retreading business in Spain with new partnership
Marangoni Retreading Systems is further strengthening its foothold and expanding its business in the Spanish market with its new partnership with Recauchutados Fidel, a leader in the field of retreading in the Salamanca province. The Spanish retreading company has chosen…
Cooper Tire’s Zeon RS3-G1 earns a 2016 GOOD DESIGN Award
The Cooper Zeon RS3-G1 from American tyre manufacturer Cooper Tire has been selected to receive a 2016 GOOD DESIGN Award from the Chicago Athenaeum: Museum of Architecture and Design, an international museum of architecture and design based in Illinois in…
Rubber farmers, production in Thailand worst hit by flooding
Rubber production in Southern Thailand is experiencing the worst impact they have had in 10 years due to flooding in the area, said Uthai Sonlucksub, president of the Natural Rubber Council of Thailand. Uthai said that the rubber farmers in…
Lanxess to introduce new products for tyre-makers at Tire Tech Expo 2017
Lanxess Rhein Chemie Additives, a business unit of Germany-based specialty chemicals group Lanxess, is introducing a range of its latest solutions for tyre-makers all over the world at the upcoming Tire Technology Expo 2017 that will be held from February…
Bridgestone extends global Olympic Partnership rights until 2024
Bridgestone Corporation has expanded its Olympic Partnership activation rights globally with the International Olympic Committee (IOC) through 2024. The expansion of Bridgestone’s marketing rights, which began its effectivity from January 1 this year, now covers the Olympic Winter Games Pyeong…
Yokohama Rubber to buy Japanese industrial tyre manufacturer Aichi Tire
Yokohama Rubber Company has agreed to acquire Japanese tyre manufacturer Aichi Tire Industry Co., Ltd. in order to strengthen its position in the industrial tyre sector. Aichi Tire, headquartered in Komaki, Aichi, manufactures and sells press-on tyres and solid tyres…