Worldwide demand for tyres is projected to increase 4.1 percent per year to 3.0 billion units in 2019. In value terms, sales of tyres are forecast to grow 7.1 percent per annum to US$258 billion. Increasing incomes in developing regions…
Category: Industry News
Goodyear offers EUR250 mn European notes
The Goodyear Tire & Rubber Company announced that its European subsidiary, Goodyear Dunlop Tires Europe B.V. (GDTE), will commence a private offering of EUR250 million aggregate principal amount of senior notes due 2023. The notes will be senior unsecured obligations…
EU initiative presents options for exploiting carbon dioxide to produce rubber/synthetic fibres
New possibilities for utilising the greenhouse gas carbon dioxide were a topic at the recent UN Climate Change Conference in Paris, a European Union initiative for climate innovations. Based on a model programme named enCO2re, Climate-KIC wants to promote the…
New rubber trading platform to be set up by 2016
Ministers from the world’s top three rubber producers could set up a new trading platform for the commodity by the end of the first quarter of 2016, as they try to turn around five years of falling prices. But analysts…
Industrial gloves market to reach US$9.7 bn by 2020
According to a new report by Allied Market Research, global sales of industrial gloves would reach US$9.7 billion by 2020, registering a CAGR of 12.8% during 2015 – 2020. The disposable gloves segment accounted for over half of the market…
HB Chemical to distribute Orion carbon black in North America
Orion Engineered Carbons LLC and HB Chemical Corporation have signed a letter of intent to establish HB Chemical as a distributor for Orion Rubber Carbon Black products in North America. The companies expect to finalize the arrangement in the next…
CEAT to distribute Pirelli tyres in India
CEAT and Pirelli announced their exclusive partnership for distribution of Pirelli’s global range of premium motorcycle tyres in the Indian market. This sole partnership will leverage CEAT’s vast distribution and dealer network pan India. Mr. Anant Goenka, Managing Director, CEAT,…
Bluestar Silicones expands custom compounding capacity
Bluestar Silicones expanded its elastomer capabilities in Spain adding capacity for silicone custom compounding and enhancing its manufacturing technology to strengthen its offering in Ready to Use Silcone Elastomers. The company will promote heat cured rubber (HCR) and liquid silicone…
World demand for tyres to reach 3 bn in 2019
World demand for tires is projected to rise 4.1 percent per year to 3.0 billion units in 2019. In value terms, sales of tires are forecast to advance 7.0 percent per annum to US$258 billion. Rising incomes in developing regions…
TraffiGlove & DSM Dyneema to unveil new safety glove range
TraffiGlove UK, a manufacturer of personal-protection safety gloves, partnered with DSM Dyneema to develop an innovative new line of solid colored, cut-resistant gloves. This new product range, called ‘Iconic’, uses DSM’s Dyneema Diamond Technology in combination with the color-coded traffic-light…