Nokian Tyres says it has introduced its “most” sustainable tyre, the Nokian Tyres Green Step concept tyre consisting of 93% of the materials either recycled or renewable. It moves the company even closer to its goal: by the year 2030,…
Category: Industry News
Kumho/Blatco to set up tyre plant in Saudi Arabia
South Korea’s Kumho Tire, a subsidiary of China’s Doublestar, has tied up with Saudi Arabia’s Blatco (Black Arrow Tire Co.) to establish a factory in Riyadh for tyre production, since currently there is no tyre production in Saudi Arabia. This was part of the…
Enviro receives pyrolysis oil order from US oil company
Scandinavian tyre recycler Enviro Systems has received a recovered pyrolysis oil order worth US$300,000 from the subsidiary of a leading US oil company. The oil will be used for production tests at a European oil refinery owned by the oil company. Completion of the transaction…
BREAKING: India’s CCI penalises Tyre manufacturers, Association over cartelization
The Competition Commission of India (CCI) issued a final order on August 31, 2018, against Apollo Tyres, MRF, CEAT, JK Tyre and Industries, and Birla Tyres, as well as their association. Automotive Tyre Manufacturers Association (ATMA) for engaging in cartelization…
SRI switches to 100% renewable energy for 2 China tyre plants; eyes carbon neutrality by 2050
Sumitomo Rubber Industries Ltd (SRI) has switched to 100% renewable energy at its two tire factories in China (Changshu Factory and Hunan Factory). Furthermore, with plans to set up solar power generators in the second half of the year, these…
Vietnam rubber sector to gain in export, price hike in 2022
A double windfall is on the way for Vietnam’s rubber sector. According to the Ministry of Industry and Trade (MoIT) Agency for Foreign Trade, Vietnam’s export revenue is expected to reach US$3.5 billion in 2022, with rubber prices expected to…
Weir Minerals launches new mill lining rubber compound for mining industry
Weir Minerals, based in the UK, hopes to revolutionise mine site mill operations with a new mill lining rubber compound. Vulco R67 rubber, the company said, is made with proprietary new compounds to provide superior wear life, uptime, and reliability…
Apollo Tyres taps green power for its Chennai facility
Indian tyre maker, Apollo Tyres has ensured green power for its largest manufacturing facility in Chennai, in bid to increase the share of renewable energy to more than 30% of the total for this manufacturing facility. Apollo Tyres has invested…
Demand for NR topped in 2021; slower demand in 2022
Total rubber demand is estimated to recover by 9.4% in 2021 (y-o-y), reaching 29.57 million tonnes, exceeding the pre-pandemic level, according to the December 2021 edition of the World Rubber Industry Outlook (WRIO) published by Singapore-based International Rubber Study Group (IRSG). …
Hankook to supply eco-friendly formic acid to Indonesian rubber farmers
South Korean tyre company Hankook Tire says it is furthering its commitment to enhance the sustainability across its value chain for natural rubber, a primary raw material for tyres, announcing that it will provide formic acid to rubber farmers in…