The shale gas revolution is a significant factor behind a recent spate of investments by overseas tyre makers in the US, according to Patrick Ellis, associate consultant at Akron-based Smithers Rapra. Many U.S.-based industries are becoming increasingly advantaged through the…
China tyre imports affects US aftermarket supply-and-demand relationship
The specter of elevated tariffs on consumer tyres from China starting next year already is distorting the normal supply-and-demand relationship in the US aftermarket as distributors have started stepping up their orders from China, Goodyear Chairman Rich Kramer told analysts…
BKT inaugurates new warehouse to service eastern US
BKT Tires Inc. has begun shipping tyres from its first U.S. warehouse, in Wando, an unincorporated community north of the port of Charleston. BKT Tires will use the Wando warehouse primarily to service customers in the eastern U.S. more readily,…
Cabot Corporation reports Q4 financial results
Cabot Corporation announced results for its fourth quarter and full fiscal year 2014. Key Highlights: Delivered record adjusted EPS in fiscal 2014 representing a 17 percent increase over fiscal 2013; strong cash flow generation with fiscal 2014 cash flows from…
Chinese scientist converts waste silicone into superhydrophobic material
The Royal Society of Chemistry reports, “Scientists in China have made a mechanically stable superhydrophobic material from waste silicone. There is currently no widespread recycling option for silicone products. “It is hard to reuse waste silicone owing to its crosslinked…
Pirelli reveals new Cyber Tyre project
Pirelli introduced the concept for Cyber Tyre, an intelligent tyre that provides data about the vehicle, tyre and road conditions, in 2010. Today, the tyremaker announced that the Cyber Tyre project is completed and currently being studied for inclusion as…
Sri Lanka rubber institute signs agreement with China to improve rubber industry
The Sri Lanka Rubber Research Institute has signed a Memorandum of Understanding with China’s state-owned CETC International for the development of the RRI. The collaboration with CETC will include infrastructure development, upgrading of essential equipment and technical assistance. The proposed…
Dow Corning extends healthcare application center in Belgium
Because it is biocompatible and exhibits a number of other desirable properties, liquid silicone rubber (LSR) is a popular material choice for medical device manufacturers producing catheters, tubing, seals, and related products. However, it is not a simple material to…
Thai rubber farmers expresses frustration on government subsidy
Leaders of rubber farmers in the South have expressed disappointment with the government subsidy of Bt1,000 per rai, limited to a maximum of 15 rai each. Tossapol Kwanrod, chairman of the rubber and palm oil farmers’ network in 16 southern…
Hankook reports increase in sales and operating profit
Hankook Tire, the leading and one of the fastest growing tyre companies in the world, today announced its financial results for the third quarter 2014 with global consolidated sales of KRW 1.72 trillion and operating profit of KRW 276 billion.…