Category: Industry News

Mitas unveils Sport Force radial bike tyre

Mitas unveiled Sport Force+, the new generation of radial motorcycle tyre for riders of sport, naked and touring motorcycles. With Sport Force+, Mitas uses a new tread tyre compound based on the latest findings of its research and development unit.…

Rising trend for silicones in medical products

One major upcoming trend in silicones market is the use of silicones in medical applications. This is one of the findings from the new Global Silicones Market 2015-2019 published by TechNavio. Silicone is used in catheters and tubing, implants, transdermal…

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…

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,…