A discussion with the private sector and other stakeholders will be called by The Ministry of Plantation Industries and Commodities to stabilise comoddities. The meetings will be held in August. “It is a proactive measure to ensure commodity prices not…
Category: Industry News
Polyurethane Rubber market in China expected to grow further
The Polyurethane Rubber market is a large one in China, and experts have predicted that it will see a sharp growth in the next decade or so. The market sees a high speed growth propelled by import and export, high…
Motor1.com launched
A motor review website called Motor1.com has just been launched on Wednesday by Motorsport.com. “We have shown tremendous strength in our online digital presence producing over 10 editions in multiple languages with Motorsport.com,” said Filippo Salza, president of Motor1.com. “Today’s…
Michelin enjoys 8.9 % rise in first-half earnings
Weak euro helped propel Michelin & Cie.’s first-half earnings by 8.9 %. The tyre-maker also saw volume rose. Operating profit before one-time gains or costs increased to 1.26 billion euros ($1.4 billion) from 1.16 billion euros a year earlier, the…
Good second quarter results for Goodyear
The Goodyear Tire & Rubber Company today reported record results for the second quarter of 2015. “We delivered outstanding segment operating income growth and achieved a segment operating margin of more than 13 %, despite significant foreign currency and global…
DPS: tyre failure led to I-10 crash
As a tragic scene unfolded on Interstate 10 Sunday, Howard Fleischmann of Community Tyre Pro’s says he immediately saw the culprit. The Arizona Department of Public Safety says it was a tyre failure that caused the driver to lose control,…
Global EPDM market to grow at CAGR of over 6% from 2014 to 2019
Global EPDM market is to grow at a CAGR of 6.67% over the period 2014-2019. Based on application, the global EPDM market can be segmented into six: automotive, molded goods, building and construction, lubricant additives, plastic modification, and others. EPDM…
Kerala’s rubber subsidy meets with lacklustre response from growers
The subsidy scheme announced by the Kerala government for the benefit of small rubber growers has met with a lacklustre response from the rubber belt. Almost a month after it came into force, the number of growers registered under the…
Crumb-rubber turf stirs outcry in Edmonds
April Osborne’s son ends football practice coated in oil and blowing black pellets out of his mouth and nose. The 12-year-old plays on a type of synthetic field made from recycled tyres, or crumb rubber, that’s fueled a turf war…
Malaysian technology firm to build new £12m rubber recycling factory in North East
A Malaysian technology firm is to invest £12m in a new North East-based factory in a move that will create 90 new high-skill jobs for the region. The exact location of Petra Group’s new facility has not yet been decided…