Enerco RPO Internasional, a subsidiary of Singapore-based Enerco Chemical, has signed an agreement with the Batam Indonesia Free Zone Authority (BP Batam) for the development of a rubber oil refinery in Batam, Riau Islands in Indonesia. The deal was signed…
Category: Industry News
Europe’s tyre market to reach US$49 bn by year 2021, according to report
Over the next five years, Europe’s tyre market is expected to be propelled by the anticipated increase in the tyre production capacity, expanding automobile fleet and growing vehicle sales, according to a TechSci Research report, “Europe Tire Market Forecast and…
Davis-Standard to discuss elastomer extrusion solutions at international conference
Davis-Standard, LLC is set to promote and discuss its full range of elastomer extrusion technology at the International Elastomer Conference this year. Davis-Standard will discuss the technical cell with extrusion and straining equipment that was recently installed at its facility…
Goodyear increases dividend, targets US$3 bn operating income in 2020
At an investor meeting held in Boston, The Goodyear Tire & Rubber Company discussed industry trends, its financial performance targets and its capital allocation plan, among other topics. The company increased its dividends as well as reaffirmed its fiscal 2016…
Michelin introduces new surface-mine tyre with improved endurance, tyre life
Michelin Earthmover is addressing productivity and endurance issues found in today’s surface mines, in addition to challenging mining conditions, with the introduction of the Michelin XDR3 MB4 surface mine-haultyre. The tyres have been in development testing for the last six…
Cooper reaches milestone in developing new tyre rubber source
Working as the lead agency in the Biomass Research and Development Initiative (BRDI) grant, “Securing the Future of Natural Rubber—an American Tire and Bioenergy Platform from Guayule”, Cooper Tire & Rubber Company recently announced that its scientists have reached a…
US 2015 tyre imports down 2% at US$15.22 mn
The US leads the way when it comes to global tyre imports, accounting for 18% share. It is followed by Germany with 9% and France with 5%. Overall US tyre imports amounted to US$15.221 million in 2015, which was US$352…
IRSG appoints Salvatore Pinizzotto as incoming secretary-general
The Singapore-based International Rubber Study Group (IRSG), an inter-governmental organisation composed of rubber producing and consuming stakeholders, has recently announced the appointment of Salvatore Pinizzotto as its incoming Secretary-General. Pinizzotto will officially take the leadership role in the organisation on…
PLA container in use in Thailand’s rubber industry
Dutch materials firm Corbion, Global Bio-Polymers and Maxrich are collaborating on the development of a biodegradable root growth container to improve the agricultural efficiency and environmental performance of rubber tree plantations. The container is intended to bring threefold benefits to…
R.D. Abbott selected as Cancarb’s Thermax agent in the US and Canada
Cancarb Limited has recently announced that R.D. Abbott Company, Inc. has been chosen as the company’s agent for the Thermax brand thermal carbon black in Canada and the US. A subsidiary of Tokai Carbon Co. Ltd., Cancarb is a global…