THAILAND and Russia are considering a barter trade deal, with Russia seeking 80,000 tonnes of rubber while Thailand wants weapons and other goods in return, Deputy Premier and Foreign Minister Tanasak Patimapragorn said yesterday. He spoke to the media yesterday…
Category: World News
Europe, Australia, Americas, Africa rubber news
Toyota, Nissan expand air bag recalls after latest U.S. action
Toyota Motor Corp (7203.T) and Nissan Motor Co (7201.T) said on Thursday they would expand a recall previously issued in North America to the rest of the world to replace potentially deadly passenger-side air bag inflators made by Takata Corp…
Worldwide automotive growth slows down
Over the next five years the global automotive industry faces a reduced market growth, down from an annual 3.1% (between 2007 and 2014) to an annual 2.6% (between 2015 and 2021). At the same time the industry must invest tens…
Nordstrom’s Automotive plans expansion
Nordstrom’s Automotive Inc. is planning a large expansion at its operation near Garretson. The almost US$4 million project will allow year-round access to the business with a new resurfaced and paved road. The project includes a 40,000-square-foot expansion, renovation and…
Global Styrene Butadiene Latex Market to Register 3.3% CAGR to 2023: Transparency Market Research
The styrene butadiene latex market stood at US$6,809.5 million in 2014 and, expanding at a 3.3% CAGR from 2015 through 2023, will value US$9,120.3 million in 2023, says Transparency Market Research s new report, Styrene Butadiene Latex Market – Global…
Sid Richardson targets Mexico for new plant
Sid Richardson Carbon Co. is planning to add another carbon black plant to its operation and for the first time it’s stepping outside the U.S., but not far. It is currently looking at Mexico as the site of the new…
Study forecasts growth for German tyre market
Germany’s tyre market is set to have a compound annual growth rate of more than 7 % until 2020, according to a study from TechSci Research. “Rise in automobile production and sales coupled with growth in research and development investments…
Mayfield joins Kumho as sales, marketing VP
Kumho Tire U.S.A. Inc. has hired Jim Mayfield, a tyre industry veteran with more than 34 years’ experience, to be its national vice president of sales and marketing. Mr. Mayfield, most recently senior director of product planning and technical services…
US rubber band firm stretches product offers
Arkansas-based Alliance Rubber Co, the US’s largest rubber band maker, is adding products under the American office supply chain store, Staples’s private label in its range. The family-owned and operated company, which already has a portion of Staples’ business, has…
European agriculture tyre market to grow by CAGR 2 %
Agriculture tyres are a relatively new innovation in the tyre market These eco-friendly tyres have emerged as a key trend in the market. The tyre manufacturers are trying to concentrate on raw materials, rolling resistance and recycling of tyres to…