Rubber exports in Indonesia will remain stagnant at 2.5 million tons due to poor weather and weak prices in the international labour market. The association of Indonesian Rubber Producers Association (Gapkindo) expects Indonesia’s natural rubber exports to remain stagnant at…
Category: Industry News
Rubber farmers and traders in India lose out from government scheme
One month after the launch of the much-hyped government scheme to ensure that rubber farmers get a minimum of Rs 130 per kg, it has not benefited the farmers and small dealers on the ground. Disgruntled rubber farmers and traders…
2014 a successful year for Continental
Continental Corporation has announced that it had €34.5 billion in sales in 2014, a major leap from the year before. “All in all, we systematically continued along our successful path last year despite the weak growth in Europe, Russia, and…
India plants more trees in Tipura; to meet demand
The Indian government is giving a huge impetus for rubber growers by planting more rubber trees in north eastern areas of the country like Tripura, which is the second largest rubber producer in the country after Kerala state. The climate…
TRW Automotive price set at US$99.34
US-based TRW Automotive Holdings Corp has received a consensus recommendation of “Hold” from the twelve brokerages that are presently covering the stock, StockRatingsNetwork reports. Nine analysts have rated the stock with a hold recommendation and two have given a buy…
Blaupunkt India and TPMS to deliver real time tyre information
Blaupunkt India has teamed up with TPMS (Tyre Pressure Monitoring Systems) who will help provide the real time information and customizable alerts on tyre pressure and temperature conditions. Blaupunkt is the first to launch a vehicle tyre pressure monitoring systems…
Avon Tyres launches the new Trailrider
Avon Tyres has just launched the new Trailrider to it’s line-up of adventure touring motorcycle range. The tyre maker says it applied the very latest know-how in terms of casing construction, compound characteristics and tread pattern development to create a…
Dunlop to continue as tyre supplier for MotoAmerica
Dunlop will continue as the exclusive tyre supplier of the MotoAmerica AMA/FIM North American Road Racing Series. Racers competing in the premiere MotoAmerica Superbike, Superstock 1000 and Supersport classes will use Dunlop’s KR448 and KR449 racing slicks while the Superstock…
China Automotive Systems dips to new 1-year low
Shares of China Automotive Systems (NASDAQ:CAAS) dipped during a 52-week low on Friday. The company traded as low as US$6.12 and last traded at US$6.22, with a volume of 32,311 shares changing hands. The stock had previously closed at US$6.32.…
Yokohama Rubber Russia Plant kick-starts production
The Yokohama Rubber Co., Ltd., announced today that its Russian passenger car tire production and sales company, LLC Yokohama R.P.Z., began production in November 2014 of original-equipment (OE) tyres for passenger cars. In November, the subsidiary began producing “GEOLANDAR G91”…