Category: Industry News

China synthetic rubber market to reach US$12bn by 2020

According to recently released TechSci Research report “China Synthetic Rubber Market Forecast & Opportunities, 2020”, the synthetic rubber market in China is projected to cross US$12 billion by 2020. This growth is anticipated on the back of continuously rising production…

India slips in global rubber production

India may fall behind China to land in sixth in the global natural production ranks. Currently, India is the fifth largest producer of natural rubber behind Thailand, Indonesia, Malaysia and Vietnam. “Some years ago, the projection was that India would…

Pirelli announces tyre choices for last races

Pirelli completed its tyre nominations for the 2015 season and revealed tyre choices for the last four races. For the the grands prix coming up in US and Mexico, the P Zero White medium and P Zero Yellow soft tyres…

Toyoda Gosei closes Australian subsidiary

Japanese automotive part manufacturer Toyoda Gosei closes Australian subsidiary Toyoda Gosei Australia Pty. Ltd. (TGAU) because of “customers’ withdrawal from production in Australia”, the company said in its official statement. Toyoda Gosei will support its approximately 150 employees in Australia…

Michelin’s golf tournament benefits eight charities

Michelin North America raised a record US$682,000 from its annual charity golf tournament for eight charities. This year marked the 26th time Michelin has hosted the charity golf tournament. Since 1989, Michelin’s suppliers have contributed nearly US$4 million. Money collected…

Thai government can’t afford rubber subsidies

  The Thai government said that it can’t afford to give subsidies to rubber planters and has asked for their understanding. Rubber planters wanted subsidies for rubber sheets at 60 baht per kilogram. Previous governments gave subsidies to farmers to…

TWW now sole distributor of LeMans All-Season Tires

  Tire Wholesale Warehouse (TWW), a subsidiary of Bridgestone Americas Tire Operations, will be the sole distributor of the LeMans tire line. The new line includes three all-season product offerings: the LeMans Performance A/S, LeMans Touring A/S and LeMans SUV…

TSE launches UV-curable polyurethane rubber

  TSE Industries launches its new Millathane UV, a UV-curable millable polyurethane compound. For the first time ever, millable polyurethane extrusions can be continuously cured, and products molded, using UV light without the use of ovens, microwaves or salt bath…