Rubber producers and traders have sought rectification of anomalies in the inverted duty structure, saying they have “stifled” the sector. In a pre-budget presentation to the finance ministry, the All India Rubber Industries Association (AIRIA) said while the import duty…
Category: Industry News
Goodyear Dunlop Tyres narrows losses in New Zealand
Goodyear & Dunlop Tyres (NZ), the New Zealand unit of the biggest US tyre maker, narrowed its full-year loss after exiting commercial tyre and retread operations, firing workers and selling its Beaurepaires retail stores. The company’s annual accounts were again…
Belgium elastomer compounds provider integrates Robbins LLC
The Tire Retread and Repair Information Buerau (TRIB) announced that member Hexpol Compounding HQ sa, a Belgium-based global provider of elastomer compounds, has solidified its position in the tyre industry with the integration of Robbins LLC into the Hexpol family.…
Thailand tyre maker targets European market
As Thailand’s leading and most successful tire manufacturer, Vee Rubber exhibited at Reifen Show 2014 not only to announce the impending introduction of an all-new winter tire collection, but also to seriously enhance the company’s increasing market present on the…
Hankook reports strategic vision at the opening of new R&D infrastructure
Hankook Tire, the leading and one of the fastest growing tire companies in the world, held a groundbreaking ceremony today for its new R&D center, the HANKOOK TECHNODOME, at a construction site in Daejeon, Korea. Along with the celebratory event,…
Rubber prices might improve during the monsoon
Rubber prices have been witnessing selling pressure for the past couple of months. But lower production during monsoons and some positive consumption data from China are expected to support prices in the next couple of months. In May first week…
Bluestar Silicones reveals new silicone solutions for the medical market
Bluestar Silicones touts its new silicone solutions for the medical market and its support of select long term implantable applications at the Medical Design & Manufacturing (MD&M) East Conference (Booth #2233), June 10-12, at the Jacob Javits Center in New…
Bridgestone follows Indonesian rubber, other rubber grades controlled
Top tyre maker Bridgestone Corp chased Indonesian rubber this week for nearby delivery, dealers said on Friday, but falling prices kept other sellers out of the market. Singapore’s tyre grade prices were trading near their lowest in almost five years…
McLaren Industries launches OTR solid cushion tyres
With more than 10 years of field testing and continuous improvements of the tyre structure, McLaren’s Nu-Air semi-pneumatic tyre series integrates the strength and stability of a solid tyre with the smooth, cushioned ride of a pneumatic tyre. With its…
Warship construction in India opens new avenues for rubber
The collaboration between Rubber Research Institute of India (RRII) and National Institute of Research and Development in Defence Shipbuilding (NIRDESH) in the area of indigenization in making defence ships would open a new chapter in the use of natural rubber…