Apollo Tyres has launched its new Apterra H/P on-road high-performance summer tyre for SUVs at the ongoing Geneva Motor Show. The new tyre, which is available in H and V speed indexes and being introduced globally, has been developed by…
Category: Industry News
Evonik snags top US silicic acid ester supplier
German industrial firm Evonik Industries AG has acquired Silbond Corp, a leading supplier of silicic acid esters based in Michigan, US. The mid-double digit million-euro transaction closed on February 28, 2014. As a special group of functional silanes, silicic acid…
Global Styrene Butadiene Rubber (SBR) market size,trends and forecast to 2020
The global market for SBR is expected to reach USD 23,144.3 billion by 2020, according to a new study by Grand View Research, Inc. Increasing demand for SBR in tire manufacturing is expected to support the growth of this market…
Vietnam, China pip India to 5th place in natural rubber production
Giving a shock treatment to the Rubber Board and the policy makers, recent data released by Association of Natural Rubber Producing Countries (ANRPC) shows that India has slipped down to the fifth spot in production, below Vietnam and China in…
Apollo Tyres’ Neeraj Kanwar goes back to the drawing board
Neeraj Kanwar had a Plan B before his company Apollo Tyres Ltd signed on to buy Cooper Tire and Rubber Co. last year; it’s what he’s turned to now after what could have been the Indian auto sector’s largest ever…
Lanxess and Hankook Tire form partnership for synthetic rubber
Lanxess and Korean Hankook Tire have signed a memorandum of understanding (MOU) to co-develop synthetic rubber technologies for high-performance tyres. Under the agreement, the two companies will jointly study the development of new high-performance synthetic rubber grades and applications that…
Apollo Tyres enters Qatar
Apollo Tyres Ltd. announced it has expanded into the Qatar market in the Middle East region. The company says the move is part of its strategy to enter newer markets across geographies. Two years ago Apollo set up its hub…
Rubber prices end lower
Malaysian rubber prices closed lower for the fourth consecutive day this week with buyers sidelined due to a lack of fresh leads, a dealer said. She said the downtrend was also in tandem with the Singapore Exchange (SGX) and Shanghai…
Kuan Kam Hon’s synthetic gloves yield real profits
First Malaysia produced rubber. Then it produced rubber gloves. Now–as rising health care budgets, aging populations and higher hygienic standards around the world boost the medical industry’s demand for gloves–the country is proving the natural place to produce synthetic gloves.…
Continuing growth in automobile sector and favorable policy environment to boost tyre sales in Brazil, says TechSci Research
Brazil is the world’s sixth most populated country and its GDP is currently growing at over 5%. Brazilian tyre market is the largest and fastest growing tyre market in Latin America. A combination of growing economy and large population base…