Natural rubber supplies ballooned in recent years as Asian producers cranked up the tree taps and consumers curbed their demand. Now, the glut appears ready to pop. The global surplus is poised to shrink by nearly 50 percent in 2015…
Category: Industry News
Tyre recycling in South Africa making progress
A FIVE-year initiative to create a sustainable industry to recycle millions of scrapped tyres every year, is making progress and attracting international interest. Estimates of the number of abandoned tyres lying across South Africa range from 60-million to 100-million. Another…
Michelin India presents 4R strategy
Michelin India recently conducted a conference of media where Vice President of Technical and Scientific Communication at Michelin Group, Mr. Dominique Aimon, talked about company’s 4R strategy. The 4R strategy signifies company’s objective to deal with issues such as eco-friendliness,…
JK Tyres reports net profit increase in Q1
Leading tyre manufacturer JK Tyre & Industries Ltd. (JKTIL) today announced its result for the first quarter of 2014-15. The manufacturer achieved a turnover of INR 2035 Crores, with an operating profit of INR 196 Crores and PAT of INR…
Global SBR remains steady despite decline in feedstock costs
Global emulsion styrene butadiene rubber, or SBR, prices were resisting a decline in feedstock costs as European and Chinese producers slashed operating rates amid weak demand and a switch to cheap natural rubber, sources said this week. European 1502 spec…
Travellers Choice approves Goodyear Coach tyre
The esteemed coach operator started fitting Goodyear in July last year after a number of trials using competitor product failed to yield the same performance benefits as the Goodyear tyre. Mark Shaw, Director of The Travellers Choice said: “When we…
SD-International’s private brands presents tyre pattern designs
Shanghai based contract tyre manufacturer SD-International’s three private brands – Pace, Zeta and Maxtrek – all provide winter tyre patterns. The Zeta and Pace brands present the Antartica winter range, which includes three pattern designs with features such as a…
Global rubber prices to lift due to car sales rise in India
Commodity Online reports, “As Indians buy more cars the global price of Rubber is likely to see a revival. The tire makers’ rising demand for natural rubber may boost imports. Analysts say the lower international prices and rising demand could…
Carlisle announces new heavy duty farm tyres
Carlisle Transportation Products has released two new heavy duty farm implement tyres intended for fitment on hake rake machines. Both are size 16×6.50-8 tubed fitments; the 6-ply version bears the product code 6A02351 and has a 280 kilogrammes (615lbs) load…
Chinese demand for rubber products to reach RMB740 billion
Demand for rubber products in China is projected to grow 8.8% a year to RMB740 billion by 2017. Gains will be supported by healthy growth in manufacturing production, especially in the industrial machinery and motor vehicle industries. Strong demand gains…