Chinese tyre manufacturer Shandong Linglong Tire (Linglong) plans to raise up about US$289 million for its ongoing Jingmen project in Hubei province, China, through a public placement on the Shanghai Stock Exchange (SSE). The Jingmen project is the company’s fourth…
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Global volume demand for rubber processing chemicals to expand 4.2%/yr by 2023
The rising standards for tyre lifespans and the popularity of tyres for use in a wide range of conditions will support a steady increase in antidegradant parts-per-hundred-rubber (PHR) rates, and subsequently the global volume demand for rubber processing chemicals, which…
Wacker’s 2020 cost-saving effort to also see 1,000 jobs slashed
Following Wacker Chemie’s (Wacker) reported loss of US$680 million in its preliminary figures for 2019, the international chemical company has planned a restructuring programme called “Shape the Future,” which is aimed at saving nearly US$270 million each year and will…
Pirelli sets plan to increase margin growth by 2022; to resume operations at Chinese plants
The tyre manufacturer for high-end carmakers and racing teams, Pirelli, announced a new strategic plan recently in which it would focus on margin growth over the next two years. The company expects its margin on adjusted earnings before interest and…
HF Group to launch new benchmark in tyre splice measuring
Germany-based HF TireTech Group (HF) will introduce its latest innovation in tyre production, the HF Q Guard, which enables precise splice measuring, quality control, and traceability in the production process – the company claims that the system ensures tyres are…
London, UK street “first” to have recycled tyres mixed into the asphalt
Old tyres have been used in the asphalt mix on Canrobert Street in London’s Bethnal Green area, laid by city council contractors at the end of January. The council has been working with UK supplier Tarmac, the company behind new…
India’s tyre industry worried over NR shortage; resorts to imports to ease demand
Concerns are growing over the continued shortage of natural rubber (NR) in India’s tyre industry, despite national Rubber Board estimates of 10% year-on-year increase in NR production. Already, industry insiders think rubber farmers are hoarding the commodity, as the flow…
Birla Carbon/GranBio nanocellulose dispersion masterbatch
Birla Carbon and GranBio Technologies have introduced a patent-pending NDC (Nanocellulose Dispersion Composite) rubber masterbatch for qualification by tyre and rubber companies. The breakthrough in NDC masterbatch is the result of a three-year joint development programme between the two companies…
Chinaplas rescheduled to August; medical to be a feature at show
Having postponed Chinaplas 2020, to have been held from 21-24 April at the National Exhibition and Convention Centre (NECC), Hongqiao, Shanghai, the show organiser Adsale Exhibition Services has rescheduled it to 3-6 August 2020 also at the NECC in Shanghai.…
Hankook Tire supplies new Smartflex DH35/AH35 to 2020 Ford Super Duty Chassis Cab
Seoul-based tyre company Hankook Tire will supply two all-season tyres, SmartFlex AH35 and DH35, as original equipment tyres to Ford’s latest Super Duty F-450 and F-550 Chassis Cab truck models. Ford’s Super Duty series has been loved by drivers around…