A new report by Reportbuyer says that increasing technological advancements, increasing stringent emission & increasing adoption of lightweight materials are driving the automotive rubber molded components market The rubber molded components market size is projected to grow at a promising…
Category: Industry News
OEM’s go lighter and greener
Original equipment manufacturers’ (OEMs) emphasis on high performance and lightweighting is spawning new opportunities for the global automotive elastomers market. Rising vehicle production in Asia-Pacific will encourage elastomer manufacturers from Europe and North America to extend their business to this…
Pneumatic tyre market to reach US$334.5 bn by 2022
The global pneumatic tyre market is expected to reach US$334.5 billion by 2022, according to a new report by Grand View Research, Inc. Increasing product use in automotive and aerospace sector on account of various advantages such as long shelf…
Volkswagen hires Kenneth Feinberg to handle emissions claims
Volkswagen announced that it has retained attorney Kenneth R. Feinberg, managing partner of The Law Offices of Kenneth R. Feinberg, PC, to design and administer an independent claims resolution program to address claims related to the 2.0L and 3.0L TDI…
Firestone tyre named OE to new Toyota Tacoma
Bridgestone Americas announced its Firestone-brand Destination LE2 tyre is original equipment on select models of the all-new 2016 Toyota Tacoma. “Firestone is a brand that appeals to the work hard, play hard mantra,” said Mike Martini, president, original equipment, U.S.…
EU tyre industry in the rise
The European Tyre and Rubber Manufacturers Association recently its Statistics 2015 edition, a report on the region’s rubber and tyre market. The main findings of the report include the following: General Rubber Goods (GRG): After a slow 2013, the GRG…
Vietnam will be joining ITRC
Vietnam will be joining the International Tripartite Rubber Council (ITRC), according to Bachrul Chairi, director general for international trade cooperation at the Trade Ministry in Vietnam. ITRC’s original members (Indonesia, Thailand and Malaysia) welcomed Vietnam’s plan to join with the…
PanAridus gains tenth patent for guayule rubber
Arizona guayule producer, PanAridus, LLC was granted their tenth patent. PanAridus already holds nine patents for guayule plants, which yields a polymer nearly identical to tropically grown natural rubber. It’s the only known source of U.S.- grown rubber to be…
Accella Performance Materials changes names of business units
Accella Performance Materials, a manufacturer of polyurethanes and recycled rubber products today announced the renaming of several core businesses to Accella Polyurethane Systems including, IPS Polymer Systems, MarChem, Arnco Performance Polymers, Premium Spray Products, Burtin Polymer Laboratories; and its ArncoPathway…
Goodyear will redeem EUR250 mn in senior notes
The Goodyear Tire & Rubber Company announced its European subsidiary, Goodyear Dunlop Tires Europe B.V. (GDTE), will redeem all its outstanding EUR250 million aggregate principal amount of 6.75 percent senior notes due 2019 on January 14, 2016. The redemption price…