According to a report by Zion Research, the global nitrile-butadiene rubber market was valued at approximately US$300 million in 2014 and is expected to reach approximately US$485 million by 2020, growing at a CAGR of slightly above 6.0% between 2015…
Category: Industry News
Comerio rolls into Vietnam’s tyre market
Last year, Vietnam’s vehicle sales rose to 244,914, an increase of 55% over 2014, said the Vietnam Automobile Manufacturers Association (VAMA) early this year. While mainly a two-wheeler market, the number of cars sold has upped in the last few…
Tyre materials supply to grow by 3.1 percent
Tyres are a major global business, consuming almost 40 million tonnes of materials in 2014. Purchasing these materials makes up around 30% of a tyre company’s sales, and the materials input is estimated at US$70 billion globally in 2014. Despite…
BST eltromat presents new technology
At the Tire Technology EXPO 2016, BST eltromat presented for tire production that set new standards in process control, quality control and automation, and can be flexibly adapted to individual customer requirements. The products exhibited by BST eltromat in Hanover…
Tire experts meet at Smithers Rapa event
Tire industry experts from across the globe will gather at the Smithers Rapra Traction: Driving the Tire Industry Forward event, taking place May 25-27 2016 in Omni Fort Worth, Fort Worth, Texas. Over two full days of timely programming and…
Goodyear recognized as world’s most admired tyre maker
Goodyear, for the fourth year in a row, has been recognized as the world’s most admired tiremaker by Fortune magazine. Among companies in Fortune’s World’s Most Admired Companies’ Motor Vehicle Parts category, Goodyear was also the No. 1 ranked U.S.-based…
AB Specialty Silicones adds a new reactor
AB Specialty Silicones has a new reactor specifically for the manufacture of high viscosity reactive and non-reactive silicone polymers. The new reactor has a specially designed, heavy duty anchor style Lightnin agitator to manage the high viscosity materials. This addition…
Apollo Tyres provide drinking water to Indian village
India’s leading tyre maker, Apollo Tyresinaugurated a Purified Drinking Water Project for the Community, in the Oragadam village, near the company’s manufacturing facility in Tamil Nadu in India. A baseline study by Apollo Tyres had indicated water quality concerns, incidence…
Arsenal acquires Flow Polymers
Arsenal Capital Partners’ specialty polymers and additives platform, Polymer Solutions Group (PSG), acquired Flow Polymers LLC (Flow Polymers), a provider of specialty additives and dispersions to a number of polymer and plastics end markets, from Geneva Glen Capital.. Headquartered in…
Hankook design tyres on Opel GT Concept
Hankook will be exhibiting its concept tyre on the new Opel GT Concept at the Geneva Auto salon. Despite its prototype status and futuristic roller skate design, the specially solid coloured tyres, red placed on the front axle and black…