Specialty chemicals company LANXESS will raise the off list prices worldwide for its rubber chemicals with effect from June 1, 2014 or as contracts allow. Depending on product and region, the adjustments will be up to 0.70 EUR/kg (1.10 USD/kg).…
Category: Industry News
Kenda introduces new enduro tyres
We’ve already published a couple of pics of the new tyres from Kenda; our intrepid reporter Barney took a closer look. The Lake Garda cycling festival saw a select few journalists invited over to the Kenda camp for the launch…
Evonik opens silica technology facility; adds on applied tech to offerings
Germany-based Evonik Industries recently inaugurated a new building to house precipitated silica applied technology for tyre and rubber at its Wesseling site near Cologne. In so doing, the speciality chemicals company has added applied technology to the world’s largest facility…
Apollo targets organic growth; to expand to Europe with a 2nd plant
Indian tyre maker Apollo Tyres is investing US$685 million over four years to build a car and truck tyre plant in Eastern Europe. It will be its second as the firm also operates a facility in Netherlands. Apollo has not…
Tokyo rubber futures wary despite dropping inventory
Global benchmark Tokyo rubber futures would be trapped in a tight range this week as a drop in inventory in the Shanghai market fails to shake off worries about demand from main consumer China, dealers said on Monday. Among other…
El Nino could cut Indonesian rubber output
Erratic weather triggered by the El Nino weather phenomenon could cut rubber output in Indonesia, the second-largest producer, by around 3 per cent to 3 million tonnes this year, a senior industry official said. “Output may fall by 100,000 tonnes…
Indian rubber imports increase 84% in April
Imports of natural rubber rose 84 per cent to 26,445 tonnes in April on account of lower prices in international markets and drop in domestic production. According to the Rubber Board data, India’s natural rubber imports stood at 14,396 tonnes…
BFGoodrich launches fuel-efficient highway drive tyre
Michelin North America Inc. says the BFGoodrich DR454 SmartWay-verified highway drive tyre offers low rolling resistance and meets the fuel efficiency expectations, carrier certifications and regulations that today’s highway operations demand. The company says it also provides serious grip in…
Mitas rolls out new tractor-pulling tyre
Czech tyre maker Mitas a.s. is entering the world of tractor pulling, agreeing to sponsor the European Tractor Pulling Committee (ETPC) and rolling out a prototype of a Mitas Powerpull tyre. The prototype of the tractor-pulling tyre is based on…
Gajah Tunggal sales drop in first quarter
Indonesian tyre maker Gajah Tunggal Tbk. suffered a 25-percent drop in pre-tax operating income for the quarter ended March 31 despite 5.3-percent higher sales. Gajah Tunggal cited higher sales, marketing and transportation costs and the differential between costs, which are…