Rubber-based auto-component makers are working on developing products that would cater to the earth-moving and agricultural segments, to offset the slow demand from the passenger vehicle segment. Some are also looking diversifying their portfolio to industrial applications in order to…
Category: Industry News
Trelleborg to gain Uretek and Archer Rubber Company
The Courant reports, “A New Haven coated fabric manufacturer will be acquired by a large Swedish polymer engineering firm, the company announced Monday. Trelleborg AB has signed an agreement to acquire Uretek LLC and its Massachusetts sister company Archer Rubber…
TBC reveals new Duck Commander tyre range
TBC Brands and Harris Tire Co. are bringing two exclusive Duck Commander branded tire lines to the consumer replacement market: Duck Commander All-Terrain and Duck Commander Mud Terrain. The two lines are the first to carry the Duck Commander brand…
Pirelli reports double-digit profit rise in the first half
Pirelli & C. S.p.A. reported double-digit increases in operating and net profits in the first half of fiscal 2014 on the strength of above-average growth in premium tyre sales and the positive effects of efficiency measures Pirelli is implementing. Operating…
Chinese rubber machinery supplier acquired Fushun Yikesi
Chinese rubber machinery supplier Mesnac Co. Ltd. has acquired Fushun Yikesi New Material Co. Ltd., a Fushun City-based producer of synthetic rubber and resin products. Financial details were not disclosed. Mesnac said the acquisition marks a significant diversification into the…
QDRPM partners with German rubber machinery maker
Qingdao Doublestar Rubber and Plastics Machinery Co. Ltd. (QDRPM), a fully-owned subsidiary of rubber tire and machinery maker Qingdao Doublestar, has signed a contract to partner with Harburg-Freudenberger Maschinenbau GmbH (HF). Under terms of the 10-year contract, HF will license…
BKT reports double-digit growth in sales
Agricultural tyre specialist Balkrishna Industries Ltd. reported double-digit growth in sales and earnings for the quarter ended June 30, the company’s fiscal 2015 first quarter. Pre-tax operating income jumped 22.8 percent to $40.2 million on 17.8-percent higher sales of $161.8…
Chinese synthetic rubber regarded for over one-third of the global utilization
Since the 21st century, automobile industry and tire industry have developed rapidly in China, which promotes the demand for rubber in return. In 2012, the output volume of automobiles reached 19.27 million units and that of radial tires totaled 460…
Michelin adds new tyre to SprayBib range
Michelin North America Inc. is adding a 50-inch tyre to its SprayBib line. The new MichelinVF420/95R50 177D SprayBib is designed to support larger spraying equipment. The company says the new tyre will share all the qualities of the current 46-inch…
Bee’ah tyre recycling facility uses eco-friendly cryogenic process
Bee’ah of Sharjah now uses a high-tech Tyre Recycling Facility — the first of its kind in the region — which uses an eco-friendly cryogenic process to recycle about 3 million used tyres a year and convert them into crumb…