Tokyo-based Yokohama Tire (Yokohama) has introduced a new tyre designed for luxury cars, sports cars and American muscle cars – the new all-season Advan Sport A/S+. Each tyre comes with a 55,000-mile limited tread wear warranty and is available in…
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Chinese firm CGTC suspends operations after making poor bets on rubber
A major supplier to tyre plants in China, Chongqing General Trading Chemical (CGTC), will cease execution of all unfinished contracts from the end of September 2019. CGTC chose to suspend business after it ran into liquidity problems, according to commodity…
Trinseo to build new TPE pilot facility in Hsinchu, Taiwan, by 2020
Global material solutions provider Trinseo plans to build a Thermoplastic Elastomers (TPE) pilot facility at their manufacturing site in Hsinchu, Taiwan. Once operational in 2020, the new TPE pilot facility will enable Trinseo to locally produce its custom-engineered TPE and…
US Customs seizes Malaysian rubber gloves in anti-slavery crackdown
The US Customs and Border Protection (CBP) has seized five different products on suspicion of being made using slave labour overseas – rubber gloves from Malaysia, clothing from China, gold from the Democratic Republic of Congo, charred animal bones (bone…
Bridgestone showcases barrier-less bus access for Tokyo 2020 Olympic and Paralympic Games
Japan’s Bridgestone Corporation (Bridgestone), Official Tire Partner of the Tokyo 2020 Olympic and Paralympic Games, has used its extensive commercial tyre and rubber expertise to provide barrier-less bus access in the newly-constructed athlete village for the event. The new solution,…
Michelin, IFPEN and Axen to produce butadiene from bioethanol in France
French tyre maker Michelin, IFPEN (a French training and research institute), and French biomass firm Axens are to tie up in the construction of the first industrial-scale prototype of a plant producing butadiene from bioethanol in France. Launched in late…
Malaysian rubber gloves sector to see profit with weak ringgit
Affin Hwang Capital (Affin Hwang), a Malaysian-based investment banking group, has suggested that the weak demand for gloves from Malaysia was because of increased Chinese glove imports into the US, and highlighted a few challenges that has limited local glove…
Sibur to sell synthetic rubber, MTBE business to Tatneft
In a bid to reduce its rubber business, Russia’s oil/gas firm Sibur is to sell to Russian oil company Tatneft its Togliatti-based petrochemical facilities. The assets include production facilities for various types of synthetic rubber used by Russian and global…
India’s NR demand drops; tyre companies contract for imports
Poor global rubber prices,due to the US-China trade war, and a declining demand from Indian tyre manufacturers have driven down the value of natural rubber (NR) in India, with a further drop expected in the coming weeks. According to Indian…
Pyrolyx to merge all share trading onto ASX
German carbon black company Pyrolyx will delist in Germany by end-March 2020 and consolidate all share trading to the Australian Stock Exchange (ASX), since a majority of Pyrolyx’s shareholders are Australian. However, the corporate structure of the company will not…