Semperit A.G. Holding’s Semperform is acquiring Leeser GmbH & Co. K.G.. Once the transaction with the German seal maker is finalized, expected in the second quarter of 2015 after the firms receive approval from antitrust authorities, Semperform, which is part…
Category: Industry News
Yokohama Rubber to exhibit at Shanghai Motor Show 2015
The Yokohama Rubber Co., Ltd., announced today that it will participate in the Shanghai Motor Show 2015 (Auto Shanghai 2015) to be held in Shanghai during April 20?29 (press days on April 20?21). This year’s Yokohama Rubber exhibit will demonstrate…
Tyre industry’s natural rubber demand threatens the environment: study
The demand for natural rubber, primarily from the tyre industry, is threatening the Southeast Asian eco system, a new research from the University of East Anglia says. The study predicts that up to 8.5 million hectares of additional rubber plantations…
Automotive OEM Direct Glazing Adhesive Market 2015 report
This market insight covers North American direct glazing (DGX) adhesives in the automotive OEM market. Research segments are analyzed by polyurethanes and others, including silane-modified polymers. Demand for DGX adhesives, market growth, and trends are discussed at the total and…
Magneti Marelli to create 450 new jobs with plant expansion
Some 450 jobs will be created as Magneti Marelli set to expand its plant. The company makes shock absorbers and headlights for Fiat Chrysler and Mercedes and currently employs more than 950 people. The 80,000-square-foot expansion will allow the company…
ContiTech’s investments in 2014
ContiTech has revealed its 2014 expenditure. This includes a $203 million investment in new plants worldwide. “We reinforced our presence in Asia because we want to be where our customers are,” outgoing ContiTech CEO Heinz-Gerhard Wente said at a press…
Tyres made of dandelion rubber to be tested by Mitas
The first agriculture tyre made from agricultural cultivated crops may be well underway as tests by Mitas will be underway. The goal is to have the first prototype of the dandelion tyre during 2015. Mitas is also involved in the…
Styrene butadiene rubber market in Asia-Pacific to reach nearly $8 bn by 2018
It’s good news for the SBR market. Increasing tyre consumption means the market is projected to grow at a CAGR of 4.5 % to reach $ 7.9 billion by 2018 from $ 6.36 billion in 2013, says MicroMarket Monitor’s new…
Indonesia grappling with low rubber price
Largest natural rubber producer Indonesia is grappling with the low price of rubber. Rubber used to be US$4.61 per kg in 2011, but has now decreased to US$1.5 per kg. Trade Minister Rachmat Gobel said the government would push for…
All 2015 Genesis sedan tyres to be replaced by Hyundai
It is good news for owners of Korean luxury sedan: Hyundai will be replacing their tyres – free of charge – due to vibration and road noise. Until now, all versions of the Hyundai Genesis with 18- or 19-inch wheels…