Goodyear will report its third quarter financial results on Wednesday, Oct. 29. The announcement will be followed by an investor conference call at 9 a.m. that day. Participating in the conference call will be Richard J. Kramer, Goodyear chairman and…
Category: Industry News
Continental’s VP is new ETRMA chief
The European Tyre and Rubber Manufacturers’ Association (ETRMA) has recently elected its new president, Christian Kötz, who is also Vice President of Continental. Kotz is succeeding outgoing president, Patrick Lepercq of Michelin. Meanwhile, Thierry du Granrut, from the Syndicat National…
Pirelli gains Innovation Award in Amsterdam
BMW presented Pirelli with its 2014 BMW Supplier Innovation Award in recognition of the tyremaker as an innovative supplier. Pirelli was awarded the ‘best innovation in quality’ prize at a ceremony hosted Oct. 5 in Amsterdam, for its real dynamic…
Hexpol to gain European rubber compounder business
HEXPOL has signed an agreement to acquire the VIGAR Rubber Compounding business within Grupo Vigar from the founders’ families. Vigar Rubber Compounding has more than 50 years’ experience of rubber compounding and is today a well-known Rubber Compounder in the…
South Korean tyremaker earns quality excellence award
South Korean tyremaker Kumho Tire Co. received Renault Group’s quality excellence award today, Oct. 6. According to Yonhap News, this marks the first time that a South Korean tyre manufacturer has been awarded. “The recognition by the leading automotive group…
Michelin plans to use Evergrip technology for Europe conditions
Group Michelin intends to adapt its “Evergrip” tread-regenerating design technology for European conditions “in the years ahead,” the company disclosed at the Mondial de l’Automobile 2014 last week. Unveiled in the U.S. in January in the Premier A/S tyre, the…
Rubber glove makers anticipates surge in demand due to US Ebola case
Rubber gloves players may see an increase in demand following the first confirmed case of Ebola outside of Africa. According to historical epidemics episodes, analysts at MIDF Amanah Investment Bank Bhd (MIDF Research) said the surge in demand for rubber…
SBR prices in India expected to drop further
Spot prices of styrene butadiene rubber (SBR) in India look set to fall further as suppliers from Asia and Europe are diverting surplus stocks away from the weakening Chinese market, industry sources said on Thursday. These suppliers have been cutting…
Malaysian rubber compound producer benefits from rubber price fall
The slumping rubber price bodes well for Goodway Integrated Industries Bhd that relies on the commodity to undertake its business of producing rubber compound and tyre retreading. Local latex prices sank to its lowest level in more than five years,…
Rubber producers meet to discuss measures to reverse rubber price fall
Top rubber producers will meet in Malaysia next week to discuss measures to support prices, Thailand’s Agriculture Minister said roday, as farmers reel from a slide in the value of the commodity to a five-year low. A supply glut and…