Vipal Rubber is launching the VL140 tread designed for the cargo transportation sector. The VL140 tread is used on super-single tires that are wider and correspond to two cargo tires. This type of tire is more commonly used in markets…
Category: Industry News
European Commission allows Hungary’s investment aid to Apollo
Apollo Tyres Ltd. has settled on a site in northern Hungary — apparently — for its $650 million car and light truck tire plant, based on the European Commission’s granting approval for Hungary to provide investment aid of nearly $124…
Cabot reports price increase on specialty carbon products
Effective October 1, 2014, or as contracts allow, Cabot Corporation will increase prices, up to 8 percent globally, for specialty carbon products. This price increase is required due to escalating operating and environmental compliance costs, as well as continued investment…
Mitas extends ERL-50 earthmover tyre range
Mitas a.s. is introducing the newest addition to its family of ERL-50 earthmover tyres, the 23.5R25 ERL-50. at Steinexpo in Homberg, Germany. It will become available for worldwide sale in October. ERL tyres are used on loaders, dozers and graders…
Evonik expanding speciality silica capacity in Japan; global capacity up by 30%
German chemicals firm Evonik Industries is expanding its speciality silica capacity in Ako, Japan, through a holding in DSL Japan. Evonik holds 51% shareholding in DSL, a joint venture with the Japanese Shionogi & Co. Ltd. The expansion, with an…
Toyo releases premium, all-season touring tyre
Toyo Tire U.S.A. Corp.’s new Toyo Versado Noir is a premium, all-season touring tyre for sedans and coupes. Designed to stand out in the sea of “round and black” tyres, the Versado Noir offers long tread life plus fuel efficiency…
Asian Rubber: Thriving against rubber volatility
Given that rubber is a volatile commodity, the Asian bloc, being the world’s largest rubber supplier is not spared from the travails of high inventories, unpredictable demand, and price swings…
Malaysian rubber makers expects demand increase in rubber gloves
Malaysian Rubber Glove Manufacturers Association (Margma) expects to see a growth in demand for the country’s rubber gloves and does not foresee a price war among local rubber glove players as there is a pricing mechanism fixed by the industry…
MOC to reject imported rubber anti-dumping measures
The Chinese Ministry of Commerce (MOC) said Sunday it would waive anti-dumping measures on rubber imported from Russia, Japan and the Republic of Korea (ROK) beginning Monday. The ministry said it has received no expiry review request from Chinese industries…
Nokian Tyres launches cooperation contract with IOF
Nokian Tyres has signed a three-year cooperation contract with the International Orienteering Federation. The contract ensures that Nokian Tyres receives strong visibility in the annual Orienteering World Championships and World Cup events. Nokian Tyres will also be the title sponsor…