Enerco RPO Internasional, a subsidiary of Singapore-based Enerco Chemical, has signed an agreement with the Batam Indonesia Free Zone Authority (BP Batam) for the development of a rubber oil refinery in Batam, Riau Islands in Indonesia. The deal was signed…
Europe’s tyre market to reach US$49 bn by year 2021, according to report
Over the next five years, Europe’s tyre market is expected to be propelled by the anticipated increase in the tyre production capacity, expanding automobile fleet and growing vehicle sales, according to a TechSci Research report, “Europe Tire Market Forecast and…
Davis-Standard to discuss elastomer extrusion solutions at international conference
Davis-Standard, LLC is set to promote and discuss its full range of elastomer extrusion technology at the International Elastomer Conference this year. Davis-Standard will discuss the technical cell with extrusion and straining equipment that was recently installed at its facility…
Goodyear increases dividend, targets US$3 bn operating income in 2020
At an investor meeting held in Boston, The Goodyear Tire & Rubber Company discussed industry trends, its financial performance targets and its capital allocation plan, among other topics. The company increased its dividends as well as reaffirmed its fiscal 2016…
Michelin introduces new surface-mine tyre with improved endurance, tyre life
Michelin Earthmover is addressing productivity and endurance issues found in today’s surface mines, in addition to challenging mining conditions, with the introduction of the Michelin XDR3 MB4 surface mine-haultyre. The tyres have been in development testing for the last six…
Continental’s Taraxagum project wins two Automechanika 2016 awards
Experts at the automotive service industry trade fair Automechanika 2016 recently recognised the research and development work of Continental by presenting its “Taraxagum – Dandelion Rubber Tires” project the Innovation and the Green Award. The project involves producing rubber that…
Cooper reaches milestone in developing new tyre rubber source
Working as the lead agency in the Biomass Research and Development Initiative (BRDI) grant, “Securing the Future of Natural Rubber—an American Tire and Bioenergy Platform from Guayule”, Cooper Tire & Rubber Company recently announced that its scientists have reached a…
US 2015 tyre imports down 2% at US$15.22 mn
The US leads the way when it comes to global tyre imports, accounting for 18% share. It is followed by Germany with 9% and France with 5%. Overall US tyre imports amounted to US$15.221 million in 2015, which was US$352…
IRSG appoints Salvatore Pinizzotto as incoming secretary-general
The Singapore-based International Rubber Study Group (IRSG), an inter-governmental organisation composed of rubber producing and consuming stakeholders, has recently announced the appointment of Salvatore Pinizzotto as its incoming Secretary-General. Pinizzotto will officially take the leadership role in the organisation on…
PLA container in use in Thailand’s rubber industry
Dutch materials firm Corbion, Global Bio-Polymers and Maxrich are collaborating on the development of a biodegradable root growth container to improve the agricultural efficiency and environmental performance of rubber tree plantations. The container is intended to bring threefold benefits to…