The US Environmental Protection Agency (EPA) is utilizing a Yokohama Tyre commercial truck tyre casing to establish a SmartWay verification program for retreaded tyres used on Class 8 line-haul trucks. Once a retreaded tyre receives EPA certification, fleets using those…
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Rubber clings on China stimulus
Rubber advanced, reversing earlier losses after Chinese policy makers pledged new spending, boosting speculation that demand from the world’s largest consumer may weather Europe’s debt crisis and keep expanding. November-delivery rubber gained 0.6% to settle at 271.9 yen a kg…
Hankook reaches the mark
SOUTH Korean tyre maker Hankook Tire has reached US$1 billion sales in the US for the 2011 fiscal year for the first time in its 30-year history. “Our continued strong growth in the US market is driven by our investment…
Sumitomo workers OK after disaster
KOBE, Japan (March 15, 2011)—Sumitomo Rubber Industries Ltd. said it had no casualties among workers at its Shirakawa factory following last week’s earthquake and subsequent tsunami in northeastern Japan. SRI also reports there was no critical damage at the car…
Equity research on Goodyear Tire & Rubber Co. and Cooper Tire & Rubber Co. – Increasing demand and restrained capacity driving up tire prices
NEW YORK, NY – www.shinesroomonline.com has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Rubber & Plastics industry and are offering free analytical research on…
Rough day to be in rubber
IN trading on Thursday, rubber plastics stocks were relative laggards, down on the day by about 0.5%. Helping drag down the group were shares of Fuwei Films Holdings Limited , off about 7.5% and shares of Spartech off about 1.7%…
Apollo Tyres shares get ‘buy’ rating
AS per media reports, tyremaker Michelin announced a 12% increase in truck tyre prices in Africa and India. Apollo Tyres is present in both these geographies. As per an article in Rubber World, Yokohama Tire raised truck tyre prices by…
Maine sells pneumatic tyre unit
As part of its global restructuring plan, US-based Maine Industrial Tire has sold its China-based pneumatic tyre manufacturing assets to Trelleborg Wheel Systems. Maine Tire will continue to operate and retain ownership over the solid tyre portion of the Hebei…
New NBR grade
China-based WestMoonint has added a crosslink powdered acrylonitrile butadiene rubber (NBR) products line for automotive brake making, the cable and wire industry and seal applications. The company will also launch other types of nitrile rubber soon, such as cold/hot and…
Sabic/ExxonMobil rubber facility in Middle East
Sabic and ExxonMobil Chemical have selected Al-Jubail, Saudi Arabia, as the location of a new joint venture plant that will produce 400 kilotonnes/year of EPDM/TPE, TPO, butyl rubber, SBR/PBR and carbon black to serve markets in Asia and the Middle…