Category: World News

Europe, Australia, Americas, Africa rubber news

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…

Carlisle selling German rubber parts unit

US-based conglomerate Carlisle is selling the non-roofing and waterproofing unit of its German company, PDT Phoenix, to the Datwyler Group of Altdorf, Switzerland. The business unit makes elastomer profiles for use in applications for tunnels, rail, windows and facades and…

Demand for green tyres to boost Lanxess sales

SPECIALITY chemicals company Lanxess expects a boost in demand for high-performance rubbers due to the European Union tyre labelling legislation that comes into effect in 2012 as well as an impending one in South Korea. This it says should spur…

CalRecycle offers tyre recyclers low-interest loans

THE California Department of Resources Recycling and Recovery (CalRecycle) is offering California scrap tyre recyclers $4 million in low-interest loans to buy new tyre recycling equipment. The Tire Equipment Loan Program is designed to help California scrap tyre recyclers increase…