Asia styrene butadiene rubber (SBR) prices may face upward pressure in May if the natural rubber (NR) and feedstock butadiene (BD) prices continue to rise, according to recent reports. May spot offers for non-oil grade 1502 SBR rose to S$1,480-1,530/tonne…
Category: Industry News
India’s Rubber Board appoints new chairman
AAjithkumar, 1994 IAS Cadre and secretary to the Kerala Governor, has been appointed as the new chair of the Rubber Board. The post of Rubber Board chairman has remained vacant for almost one and a half years even after the…
New self-healing and super stretchy elastomer could lead to artificial muscle
Stanford chemical engineering Professor ZhenanBao and one of her team members, Cheng-Hui Li, wanted to test the stretchiness and find the breaking point of a new elastomer that had just been synthesized. But the clamping machine typically used to measure…
Pirelli adds US$200 million to international investments in Mexico
Pirelli, an Italian tyre manufacturing company, strengthens their position in Mexico by adding US$200 million in their investments with a new factory. The announcement was made while Italian Prime Minister Matteo Renzi was visiting the President of Mexico Enrique Pena…
Toyota pioneers use of biosynthetic rubbers in engine hoses
Next month, Toyota will start using a newly-developed biosynthetic rubber product in their engine and drive system hoses. They will be the first car manufacturing company to use this new product called biohydrin rubber, which was jointly developed by Toyota,…
Ireland announces new fines and penalty points for defective tyres on the road
A new Fixed Charge Notice (FCN) offence for motorists driving with torn or defective tyres on the roads of Ireland took effect on April 17. This new regulation was announced by the Minister for Transport, Tourism and Sport, Paschal Donohoe…
JK Tyre completes Cavendish Industries acquisition
Indian tyre manufacturer JK Tyre and Industries announced on Monday that they have completed the acquisition of Cavendish Industries Ltd. (CIL) at an enterprise value of Rs 2,200 crore. JK Tyre announced in September 2015 the signing of an agreement…
Indian rubber farmers refuse to go back despite rise in natural rubber prices
The natural rubber market is showing positive signs after a long slump that sent rubber farmers to more lucrative endeavors.The price of the benchmark RSS-4 grade touched Rs 132 per kilogram on Thursday. This came after the collapse of RSS-4…
NTDA alarmed by early Northern Ireland tyre tread depth survey results
The Association for tyre retailers, wholesalers and associated tyre aftermarket suppliers has divulged that at its regional meeting in Northern Ireland on 7th April, three members shared the results of a local tyre tread depth on replacement survey, which showed…
Specialty silica market to hit US$4.43 billion by 2022
The global market for specialty silica is expected to reach US$4.43 billion by the year 2022. This information is according to a new report released by the US-based market research and consulting company Grand View Research, Inc. The report states…