Category: Industry News

Marangoni gets Al Shiwari as exclusive distributor

Marangoni Industrial Tyres named that Al Shirawi Enterprises as the exclusive distributor for its industrial tyres. During his recent visit to Dubai, Mr. Adam Dudas-Smith, Export Area Manager for Marangoni Industrial Tyres, announced that Al Shirawi Enterprises had shown a…

Pennsylvania County holds tyre recycling event

Lackawanna County in Pennsylvania will hold a tire recycling event from Sept. 16 to 19. Between those dates, residents can drop off their used tyres in nine different recycling sites. Drop off dates and times vary, but the top site…

Indian rubber growers shifting to other crops

Many rubber growers in India are shifting to other crops because of the falling rubber prices. All Rubber Planters’ Association president Col N Sharath Bhandary said the government should increase the import duty on natural rubber to protect the local…

Sumitomo’s Falkien tyres will be Chrysler OE

Sumitomo Rubber Industries recently announced that their Falkien ZIEX ZE914 Ecorun high-performance tyre will be the original equipment (OE) on the new Chrysler 200. The tyre company said it started delivering the tyres to Fiat Chrysler plant to be used…

Kumho Tire closes office due to strike

South Korea’s second-largest tyre maker, Kumho Tire closes down its plants last Sunday because of the ongoing strike. Kumho shuts down its plants in Gwangju, Gokseong, South Jeolla Province and Pyeongtaek, Gyeonggi Province to secure the facilities from the union…

Falling rubber prices affecting Kerala banks

As rubber prices hit a six-year low of Rs111/kg, banks in Kerala are starting to take a hit. Banks like the South Indian Bank and Fedaral Bank witnessed a decrease in CASA (current account, savings account), in the central Kerala…

India puts anti-dumping policy of South Korean rubber imports

India’s Ministry of Finance imposed an anti-dumping policy for all acrylonitrile butadiene rubber (NBR) imports from South Korea. Anti-dumping policies put a penalty price on very low-priced imported products. Penalties are applied to increase their price and protect the local…