Market sources indicate that spot styrene butadiene rubber (SBR) spot prices in southeast (SE) Asia are likely to further decline due to soft demand amid an ample supply. The decreasing prices of feedstock butadiene (BD) and of rival natural rubber…
Category: Industry News
Helena, Montana-based company repurposes old tyres into footwear
Phil and Wendy Sebastian, owners of the Helena-based company Chupl, spent half a decaderepurposing tyre treads into soles of shoes sold to benefit Himalayan Hope Children’s Home. Chupl, the Hindi word for a flip-flop sandal, is the brainchild of the…
Z Tyre gets Guinness record for “World’s Most Expensive Car Tyre”
Dubai-based Z Tyrehas engaged one of the world’s most exclusive jewellers to develop a very special set of Z1 tyres to be unveiled for the first time at Reifen Essen 2016. Combining 24-karat gold and specially selected diamond stones, this…
Carbon black demand growth forecast at 3.75% CAGR until 2021
SmithersRapra recently released a new report, The Future of Carbon Black to 2021, which gives an overview of the global carbon black market broken down by end use applications, feedstock issues, pricing, supply, demand, and trade. The report also provides…
India may import 300,000 tonnes of natural rubber from Thailand
As India faces rubber shortage, the country is looking to import around 300,000 tonnes of natural rubber (NR) from Thailand to meet the domestic requirements.The country’s annual NR demand is more than 1 million tonnes, while the domestic production is…
Indonesian manufacturer Multistrada expects tyre sales prior to Ramadan
Publicly-listed Indonesian tyre manufacturer MultistradaArahSarana is anticipating a 10% increase in sales during Ramadan as consumers prepare for the annual EidulFitr. The Indonesian Transportation Ministry estimates that 2.4 million cars and 5.6 million motorcycles are expected to hit the roads…
Continental starts manufacture in its new tech centre in Korbach
Continental’s new High Performance Technology Center (HPTC) at the Korbach plant in Germany manufactured its first tyre and marked June 8 as its official start-up. The new plant, which had been under construction since September 2014, represents an investment of…
Durban-based Mathe Group leads the way in tyre recycling
Mathe Group, an innovative South African company, manufacturing high quality rubber granulate from post-consumer tyres, is leading the way in tyre recycling. The process utilises sophisticated American technology, and generates a variety of useful products. The 2,500-sq m factorystarted operationsin…
Bridgestone India inaugurates 500th passenger car tyre store
Bridgestone India Pvt. Ltd., a subsidiary of world’s largest tyre and rubber company Bridgestone Corporation, celebrated the launch of its 500thfamily channel store in India. This move makes them one of the largest tyre companies in the country with a…
Hexpol acquires UK rubber compounder Berwin Group for £25mn
Hexpol AB, a Sweden-based world-leading polymers group with strong global positions in advanced polymer compounds, gaskets for plate heat exchangers, and plastic and rubber materials for truck and castor wheel applications, has acquired 100% of the Berwin Group Ltd from…