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…
Category: Industry News
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…
Sentury to expand to Europe with EUR520 mn Spanish plant
China’s Qingdao Sentury Tire plans to invest EUR523 million to construct a car and light truck radial tyre plant in Galicia, northwest Spain to cater to European demand. The decision to build the plant was approved at a meeting of the company’s Board of Directors…
CECO Environmental to acquire General Rubber
CECO Environmental Corp (CECO), a US-headquartered environmentally focused, diversified industrial company is acquiring industrial flow control leader General Rubber (GRC), a Florida-based company focused in the engineering and manufacturing of non-metallic (rubber) expansion joints and flow control products. The acquisition will…
ZC Rubber Hyundai Commercial Vehicle, expand partnership in China
ZC Rubber, a long-time Hyundai Commercial Vehicle original equipment supplier. is currently providing new truck tire patterns and sizes for a variety of Hyundai long-haul truck models in China. For the past five years, Hyundai Motor Group has ranked fifth among…
Magna Tyres to acquire Polish tyre dealer
Dutch supplier of OTR tyres, Magna Tyres says it will acquire Industra Ltd, which it adds “has a very strong position in Poland as it is the biggest supplier of speciality tyres services”. The company works with three product categories:…
Goodyear launches 70% sustainable material tyre
The Goodyear Tire & Rubber Company has released a demonstration tire with 70% sustainable-material content, including industry-leading innovations. It is in line with its goal in 2020 to create a tyre made 100% from sustainable materials in 10 years, according…
Dow launches new high-end silicone synthetic leather
Dow introduces an alternative synthetic leather solution, which, it said, will provide comfort, health, and luxury while also improving sustainability. It has launched Luxsense Silicone Synthetic Leather, the world’s first high-end silicone-based synthetic leather material to meet specifications in transportation…
Malaysia rubber output, exports strong in 2021; rubber gloves were top earners
The Malaysian Rubber Council (MRC) reported that overall rubber and rubber product exports increased nearly 71% to RM63.2 billion from January to October 2021, compared to RM37 billion in the same period in 2020. It said the latex goods sector…