Semperit AG Holding has acquired Leeser GmbH & Co. KG, a German manufacturer of high quality rubber seals. In this way Semperit is strengthening the Segment Semperform as a complete provider on the profiles market, and has thus taken a…
Category: Industry News
J.D. Power customers less satisfied with run-flat tyres
Customers with run-flat tyres are less satisfied overall and replace tyres more frequently in the first two years of ownership than do those with non-run-flat tyres, according to the J.D. Power 2015 U.S. Original Equipment Tyre Customer Satisfaction Study. The…
No more ‘Latex Free’ label
Manufacturers will now no longer be able to use the labels “latex-free” and “does not contain latex” due to a recommendation by FDA. The reason for this recommendation is that the agency is not aware of any tests that can…
Research and Markets: Indonesia Tyre Market Forecast and Opportunities, 2020
According to Indonesia Tyre Market Forecast & Opportunities, 2020, the Indonesia tyre market is forecast to increase at a CAGR of more than 13% during 2015-20. Large two-wheeler fleet size, easy raw material availability and continuing government support would continue…
World rubber demand slowdown to weigh on prices through 2020
World demand for natural rubber will probably slow through 2016 as consumption growth weakens in China, the biggest importer, curbing prices of the raw material used in everything from tires to medical gloves and condoms. Expansion will moderate to 3.5…
Excellent test results for Vredestein summer tyres
Vredestein summer tyres have achieved exemplary results in recent independent tyre tests. This is a fitting reward for intensive research, millions of miles of testing and a quality manufacturing process. The Vredestein Sportrac 5 and Vredestein Ultrac Vorti were rated…
Rubber industry facing challenging times; Asia main focus of tyre sector
Thought the rubber sector is facing challenging times due to an oversupply in rubber and decreased prices, according to the International Rubber Study Group (IRSG), total rubber demand globally is forecast to increase at 1.8% and 4.1% in 2015 and…
Malaysian PM: Sarawak rubber smallholders to each receive RM500 aid
Prime Minister Datuk Seri Najib Tun Razak today announced aid of RM500 to be given to each rubber smallholder in Sarawak. He said the aid, totaling RM37.3 million, was aimed at alleviating the burden of the smallholders who were affected…
ExxonMobil starts production at Hadrian South in Gulf of Mexico
Exxon Mobil Corporation announced today it began production in the deepwater Gulf of Mexico at Hadrian South with facilities tied back to the nearby Lucius project, reducing additional infrastructure requirements. Daily gross production from Hadrian South, ExxonMobil’s deepest subsea tie-back in…
Avon doubles fitment range of flagship AV11 van tyre
Avon Tyres has doubled the size fitments available in its acclaimed AV11 van tyre. Available from Avon stockists now, the brand’s modern, high-speed van tyre has increased in fitment range from eight to 15 sizes. The AV11 features better tyre…