“Driving the Future” – the motto of the world’s biggest commercial vehicle show, the IAA in Hanover, perfectly matches the new products being launched by Continental at the show this year under its own IAA-motto “The Future in Motion”. The…
Category: Industry News
Nitrile gloves market to expand due to increasing global healthcare reforms
The demand for nitrile gloves is expected to remain robust and can offset any possible margin compressions in the industry, according to Hartalega Holdings Bhd executive chairman Kuan Kam Hon. “The industry as a whole is poised for growth, with…
Firestone to stop liquid latex manufacture in Liberian facility
Firestone Natural Rubber Co., a subsidiary of Bridgestone Corp., will cease producing liquid latex at its Liberian plantation in the fourth quarter of 2014 and concentrate solely on the production of block rubber, the company said. “This change will allow…
NHTSA grants Cooper’s petition on Mickey Thompson tyres
The National Highway Traffic Safety Administration (NHTSA) has granted Cooper Tire & Rubber Co.’s petition for a finding of inconsequential noncompliance in the case of 83,343 Mickey Thompson Baja MTZ brand LT315/70R17 Load Range D tyres. Cooper manufactured the tyres…
NR glut prices drop as China regains automotive appetite
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…
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…