Cooper Tire & Rubber Company (NYSE: CTB) today reported the results of the valuation of Cooper Chengshan (Shandong) Tire Company Ltd (CCT), which was completed by an independent firm responsible for determining a fair market value for CCT on a…
Category: Industry News
Thailand farmers request to end rubber price falls
Thai rubber planters on Tuesday insisted that newly-appointed Prime Minister Gen. Prayuth Chan- ocha immediately keep rubber prices from dropping or they might probably go out of business. Rubber planters in 63 provinces throughout the country lodged petitions to Prayuth…
Wacker emerge as Bosch preferred supplier of silicone products
Wacker, the Munich-based chemical company, has been named Bosch’s “Preferred Supplier” in the “elastomers and thermosetting plastics” materials group. Stuttgart-based Bosch, a leading global supplier of technology and services, awarded the status recently. In Bosch’s annual assessment, Wacker scored top…
Hexpol completes acquisition of Kardoes Rubber
Hexpol has acquired the business of Kardoes Rubber Co. from the founder Frank Kardoes and his family. Kardoes is today a well-known Rubber Compounder in the US market. Kardoes Rubber has a manufacturing facility in LaFayette, Alabama with around 90…
Yokohama introduces new Geolandar tyre range
The next generation tire from Yokohama Tire Corp.’s Geolandar H/T G056 line goes on sale Sept. 1, 2014, in 38 sizes in 15- to 20-inch rim diameters in P-metric and LT-metric offerings for light trucks and SUVs. The Geolandar H/T…
Thai rubber market combats with falling prices
The Bangkok Post reports, “The Thai rubber industry is struggling to cope with declining prices, which have dropped for the third year to 50 baht a kilogram from 100 baht in 2012. The price slump is set to wipe off…
Apollo Vredestein launches new high-performance winter tyre
Apollo Vredestein B.V. exhibited its new Wintrac xtreme high-performance winter tire at the International Tire Exhibition & Conference (ITEC) in Orlando Aug. 20-22. The first tire to be developed in collaboration with Giugiaro Design, the Wintrac xtreme features a W-shaped…
Silicone included to the world care labeling standard
It has been nearly twenty years since a new solvent has been added to the world’s care labeling standards. But in June it became official. Silicone is now an official recommendation for the cleaning of textile products according to ASTM…
Lanxess transfers distribution business to Krahn Chemie
The Lanxess High Performance Elastomers unit has transferred its distribution business in Poland, the Czech Republic and Slovakia to Krahn Chemie Polska. The core products of this division are the technical rubber products CR, EVM, NBR and HNBR. Lanxess is…
Duraturn truck tyres gains SmartWay verification
China Manufacturers Alliance L.L.C. (CMA) has secured SmartWay verification for three Duraturn-brand truck tyres it’s sourcing from Chinese tyre maker Yanchang Petroleum Group Rubber Co. Ltd. The Environmental Protection Agency has verified the Duraturn DS28 steer position, DA20 steer and…