India is a fast developing economy and also one of the largest automobile markets across the globe. Easy availability of finance, rising disposable income levels and favorable government initiatives are the major supporting factors for the automobile industry in the…
Category: Industry News
Armenia to utilise Iran’s gas for chloroprene rubber production
Vazgen Safaryan, the chairman of the Union of Domestic Commodity Producers, recently announced that the Nairit chemical plant in Yerevan could use Iranian gas to resume production of chloroprene rubber. Speaking at a news conference he said the Union had…
Conti unveils new touring performance tyres
Continental Tire the Americas LLC has introduced the TrueContact, a touring performance, all-season tyre. The company says its proprietary technologies can save the consumer up to $550 over the life of the tyre. “The TrueContact brings together many of our…
Recent fall of rubber prices probed
The recent fall in natural rubber prices has attracted wide attention of the media and hectic parleys between the stakeholders and the concerned authorities. The monthly average price of RSS-4 grade (the most popular form of rubber processed in the…
Cooper re-announced its Roadmaster tyres at MATS
Cooper Tire & Rubber Co. re-introduced its Roadmaster brand at the 2014 Mid-America Trucking Show (MATS) in Louisville, Ky. The company showcased two premium truck tyres at the show: 1. the RM234, a regional all-position tyre designed for high scrub…
Synthos to set up SR plant in Brazil
Polish chemicals maker Synthos is planning a synthetic rubber (SR) plant in Brazil, based on Michelin technology, that would use raw materials supplied by Brazil’s top petrochemical company Braskem, Synthos said. Synthos also said in statements published on Monday it…
African rubber exports to China down by 43% since January 2014
According to Commodafrica, Cameroon’s natural rubber exports to China reached 441 tonnes in the first two months of 2014. Exports are down though compared to the same period last year. With 441 tonnes, Cameroon is, however, the 3rd African rubber…
New Ultra SprayerVF announced by Goodyear farm tyres
Goodyear Farm Tires is expanding its Ultra Sprayer line, which is now available with Very High Flexion (VF) technology. The Goodyear Ultra Sprayer VF can carry 40 percent higher loads at the same inflation pressure as a standard radial, or…
Riken launched new tyre lineup
International Tyres, one of the UK’s largest truck tyre wholesalers, has secured an exclusive agreement to introduce a new brand of truck, bus and coach tyre into the UK, fuelled by the strong demand for mid-range products. The launch will…
Lack of ‘import category classification’ swell tyre imports
Government is losing approximately Rs 5,000 million annually on import of tyres on lack of classification in some import categories. In January 2013, the local tyre industry in a meeting with Customs officials advised them to pursue the case with…