AHEAD of their second season as Formula One’s sole supplier, Pirelli have presented the new tyres that will be used in 2012. The key characteristics of the new rubber – developed together with the teams in response to the latest…
Category: World News
Europe, Australia, Americas, Africa rubber news
Rubber set for best weekly gain in 3 years on growth
RUBBER climbed, heading for the best weekly gain in three years, amid optimism about economic growth after U.S. jobless claims dropped to the lowest level in almost four years and Spanish and French borrowing costs fell. June-delivery rubber climbed as…
Rubber Research Group, Limited announces LoI to purchase Hi-Tek Rubber
MN, U.S. – Rubber Research, Inc., a wholly owned subsidiary of Rubber Research Group, Limited (RRG) is pleased to announce the signing of a Letter of Intent with Hi-Tek Rubber, Inc. This letter confirms the intent of RRG to purchase…
Surplus production to put pressure on natural rubber prices in 2012
JAKARTA – Natural Rubber is expected to move from deficit to surplus in 2012, which would put downward pressure on prices. The global surplus rubber is estimated at 413,000 tonnes in 2012 from 87,000 tonne shortage in 2011, slowing growth…
Mesnac takes stake in US company
CHINESE company Mesnac, which develops and manufactures tyre equipment, is taking up 100% equity in US-based tyre tooling company Wyko Tire Technology. While terms of the deal were not disclosed, Wyko owners Ian Smith and David Jones said Wyko’s 60…
Ansell invests in Yulex and Lakeland
US-based glove, condom and protection solutions provider Ansell has been on a buying spree having purchased a minority share in Yulex, a manufacturer of biopolymers derived from guayule, and a 9.66% stake in Lakeland Industries, which manufactures safety garments and…
Insigma and Blue cooperate in recycling project
UK-based Blue Diamond Technologies, which specialises in the design and supply of metal, plastic and rubber components, and Chinese IT services provider Insigma Technology are partnering to produce reusable crumb rubber, clean steel and fibre from used tyres, with initial…
Turnkey car tyre recycling set-up
TWO market leaders have come together to provide a new concept for tyre recycling.Germany-based size reduction machinery supplier Pallmann has tied up with Spanish tyre recycler GMN to develop plants for shredding and reprocessing vehicle tyres. Pallmann has been supplying…
Bridgestone pumps up investments globally
THE world’s largest tyre maker Bridgestone is putting in more investments in Japan, the US and Vietnam. At its home base in Hofu, Japan, it will invest 4.7 billion yen to increase capacity of small and medium-sized off-the-road radial (ORR)…
Michelin reports higher sales
FRENCH tyre maker Michelin says its net sales totaled EUR15,246 million in the first nine months of 2011, up 17.3% over the year-earlier period. The company also reported a 9.3% increase in sales volumes, reflecting the group’s good performance in…