Category: Industry News

Sumitomo inaugurates tyre plant in Thailand

The official opening of Sumitomo Rubber Industries’ first agricultural tyre plant outside of Japan took place on April 22. The newly-completed Sumitomo Rubber (Thailand) factory in Thailand’s Rayong Province was host to some 150 opening ceremony guests, including Rayong regional…

Indian government increases ITPs on tyre imports

Although after a long debate between industry, importers and FBR, government has increased Import Trade Prices (ITPs) on import of tyres from three to 20 percent, experts believe the revision will neither enhance revenues nor give protection to local tyre…

Titan first quarter profits surge

Titan International Inc. suffered double-digit drops in earnings in the quarter ended March 31 on 6.8-percent lower sales, prompting management to put its workforce on notice that it will be “adjusting employment levels” in the second quarter. The sluggish first…

PolyOne earns supplier excellence award

PolyOne Corporation, a premier provider of specialized polymer materials, services and solutions, today announced that it has received the first Supplier Excellence Award jointly granted by Quality Synthetic Rubber (QSR) and Qure Medical, specialty divisions of Q Holding Co. “Unwavering…

Avon Rubber greatly desired

Avon Rubber has had a storming first half, as it reported in a bullish update toward the end of March. The results due to be released on 30 April will be “substantially better” than last year, driven largely by sales…

Tireco reveals new SummerSnow tyre

Import and private brand distributor Tireco Inc. is adding the Nankang SV-2 SummerSnow, a winter-optimized all-weather tyre, to its lineup. The Nankang SV-2, produced by Taiwan’s Nankang Rubber Tire Corp., combines true winter traction (Alpine marked) and all-season durability with…

Bluestar Silicones earns RCMS certification

Bluestar Silicones, a global integrated silicones supplier, has achieved certification under the Responsible Care(R) Management System (RCMS) at its U.S. manufacturing facility located in York, S.C. The facility, which opened in 2012, underwent three independent audits as part of a…

Wacker introduces new silicone rubber grades

WACKER, the Munich-based chemical group, is showcasing numerous new and time-tested silicone rubber grades at EXPOBOR 2014. ELASTOSIL® LR 3094/60 liquid silicone rubber will be one of the highlights at the WACKER booth. It makes cost-effective, large-scale production of spark…