Kerala’s beleaguered rubber growers, who are reeling under rock-bottom prices for rubber latex, found a new politician this week to take up their cause: All India Congress Committee vice-president Rahul Gandhi. Rahul is presently on a tour of Kerala as…
Category: Industry News
Pyrolyx completes deal in tyre recycling sector
Pyrolyx AG, based in Munich, has completed a deal to acquire Germany-based competitor Carbon-Clean Tech Stegelitz GmbH (CCT Stegelitz). CCT Stegelitz will be fully integrated into Pyrolyx AG, which says it will continue to invest in CCT’s production site in Stegelitz,…
Helix buys silicone tubing line from Gore
Helix Medical L.L.C., a Freudenberg company, has acquired the silicone tubing product line of W.L. Gore & Associates Inc. Helix Medical will supply Gore’s existing pharmaceutical and biotech customers with Gore silicone tubing and Gore reinforced silicone hose for fluid…
May U.S. new vehicle sales to rise 2 percent: JD Power, LMC Automotive
Industry consultancies JD Power & Associates and LMC Automotive said they expect U.S. new vehicle retail sales for May to rise 2 percent to their highest level since August 2014. New car retail sales are forecast to touch 1.3 million…
Whitney new CEO of Liberty Tire Reycling
Liberty Tire Recycling has named Scott W. Whitney as its new CEO, effective June 1. A graduate of the U.S. Naval Academy in Annapolis, Md., Whitney most recently served as CEO of Greenwood Fuels, a renewable energy company. Before that,…
Goodyear Improves Tire Efficiency with PPG Silica
Goodyear Tire & Rubber has contracted with PPG Industries to use Agilon performance silica to increase the fuel efficiency of its tires. Goodyear will first use the next-generation reinforcing filler developed by PPG in its EfficientGrip tires, a line of high-performance sport-utility-vehicle tires…
Global Automotive Tire Industry 2014-2019: Trend, Profit, and Forecast Analysis
The global automotive tire industry is expected to reach an estimated value of $249.9 billion by 2019. The major drivers of tire industry are high demand for green tires, growth in commercial and passenger vehicles sales, and increasing level of tire radialization.…
Research and Markets: Construction Adhesive (Silicone, Epoxy, Polyurethane) Market 2015 – Global Forecasts to 2019
Research and Markets has announced the addition of the “Construction Adhesive Market by Type, by Technology, and by Application – Global Forecasts to 2019” report to their offering. The global construction adhesive market was estimated to be around $10.9 Billion in 2014…
Rubber rallies most in 2 years on weaker yen
Rubber in Tokyo advanced by the most since May 2013 as Japan’s currency plunged and as China, the biggest consumer, seeks more than US$300 billion in infrastructure investment. The contract for November delivery on the Tokyo Commodity Exchange surged 6.3%…
New Nynas range of naphthenic oils minimises reformulation need
The ongoing rationalization of Group I production across Europe has caused concern about shortages and the expensive need to reformulate products. Nynas decided early on to view the changing refinery landscape as a call to action and can now offer…