A new report on the automotive catalytic converter market revealed that the segment is estimated to reach more than 140 million units by 2019.. Other key findings are also reported. Asia-Oceania: Upcoming emission norms would drive the market The Asia-Oceania region…
Category: Industry News
Michelin: European replacement tyre market slowed
Michelin said recently that the replacement tyre market in Europe slowed down last month as a result of high stocks of winter tyres while the weather had remained mild. The French tyre maker added that the European light vehicle tyre…
Total is preparing sale worth EUR4 billion
Europe’s second-biggest oil company,Total is preparing for the sale or listing of its rubber and insulation unit Hutchinson that could be worth up to EUR4 billion euros (US$4.6 billion), Total is under pressure from shareholders to improve its cash flow…
Low import tariffs threaten Indian tyre market
Low import tariffs are posing threats to the Indian tyre market, according to the Automotive Tyre Manufacturers’ Association (ATMA). The tyre sector has adequate capacity with recent investments of Rs 26,000 crore in greenfield projects and expansions in line with…
Bluestar Silicones to showcase new tyre release agents at tyre expo in Germany
Bluestar Silicones, a major supplier of release systems to the tyre industry, is launching Lyndcoat BR1211, BR1214 and BR1215, three new single release inside paints, at the upcoming Tire Technology Expo 2015 held 10-12 February in Cologne, Germany (booth C610).…
Avon Rubber downgraded to hold at Investec
Investec cut shares of Avon Rubber to a hold rating in a research note issued to investors on Thursday. The firm currently has GBX 800 (US$12.07) price target on the stock. Investec has also taken action a number of other…
New Aither 1.1 solid tyres launched
Korean company Tannus Tires has just launched the new Aither 1.1 solid tyre which it claims only has 2% higher rolling resistance than a regular tyre, lasts at least 6,000 miles and weighs 430g. There have been solid tyres before,…
Exhibitors to showcase at MD&M West
Some highlights of the event next week: LSR moulding Described as a step change in liquid silicone rubber (LSR) processing, Canadian firm Silcotech has developed a multi-shot processing system capable of simultaneously moulding nine discrete substrates or shapes in a…
Thailand tyre plant razed by fire; US$40 million loss
A massive fire recently broke in a tyre plant in Thailand’s eastern industrial estate. Reports estimated the damage to be worth US$40 million for one of China’s largest tyre exporters. The fire, which started on a Sunday night and took…
Production of high precision LSR 2-Shot auto sealing component kicks-off
SIMTEC Silicone Parts, a custom manufacturer of Liquid Silicone Rubber (LSR) parts and high-precision LSR 2-Shot components, has announced a new project in partnership with a tier-one automotive supplier. Together, they will manufacture a challenging LSR 2-Shot automotive sealing component.…