Category: Industry News

Global rubber output in 2014 to be 12 mn tonnes

The global production of Natural Rubber (NR) in 2014 would be 12.1 million tonnes, according to estimates by the International Rubber Study Group (IRSG). According to the same estimates, world consumption of NR in 2014 would be 11.9 million tonnes,…

Nexen tyres gaining traction in European OE market

Nexen tyres is gaining momentum in its drive to increase its global Original Equipment (OE) supply and brand awareness in Europe. It has gainied major steps forward in its OE programme, gaining approval from the VW Group, fitting the bestselling…

Retailers unaware of responsibilities for toxic tyres

A crackdown on NSW tyre retailers found half of those inspected were unaware of their responsibility to ensure used tyres were handled by legal operators. The Environment Protection Authority inspected 258 tyre retailers in the Sydney, Illawarra, Hunter and Coffs…

Mild weather caps winter tyre sales

A series of mild winters and relatively late snow has restricted the winter tyre market to around half a million units a year, according to Guy Frobisher, marketing director for Continental. “There is a winter tyre market out there but…

Japan tyremaker shares drop on dissolved Goodyear alliance

Shares in Japanese tyremaker Sumitomo Rubber dropped more than five percent Friday morning after US partner Goodyear said it was dissolving the firms’ longstanding alliance over allegations of anti-competitive behaviour. The Tokyo-listed stock finished the morning session down 5.39 percent…