Finnish tyre maker Nokian Renkaat said it expected to increase both sales and profits in 2014 as demand in Russia, its key market, recovers sligthly from a slump in 2013. The leader in the Russian and Nordic winter tyre markets…
TOP STORY
Gloves Sector: Malaysia’s gloves sector holds its place in a volatile market
As a main exporter of gloves globally, Malaysia is handling suitably geopolitical pressures ...
LSR stretches its industrial footprint
Liquid silicone rubber, or LSR, is an advanced elastomer that has gained traction ...
Tyre Sector: Setting in motion the wheels of change
Once liabilities and eye sore on landfills, end-of-life tyres have now become assets ...
Tyres: Space’s the limit for rubber tyres
Innovative rubber tyres are entering the era of space missions: as a catalyst ...
Medical: Flexible artificial muscles from liquid crystal elastomers
In Canada, an international team led by researchers at the University of Waterloo ...
Apollo Tyres says yes to Eastern Europe, Asia, and no to China
It appears to be a case of once bitten, twice shy for Apollo Tyres. Following its experience with Cooper Tire & Rubber, and particularly its joint venture subsidiary Cooper Chengshan, the Indian tiremaker seems ready to give China a wide…
Rubber inventories in producing countries set to decline: IRCo
Rubber stockpiles in Thailand, Indonesia and Malaysia are low and may decline further when the low-production season starts, International Rubber Consortium Ltd. said in statement on its website. Inventories available for sale in the three countries are “low contrary to…
Rampant import of raw rubber threatens local production
3500 tonnes of locally produced raw rubber worth Tk 630 million has long been lying unsold, officials close to the sector said. Besides, the domestic rubber industry is lately facing a threat due to the rampant import of raw rubber…
MRF profit drops to Rs.179.89 crore in December quarter
Tyre maker MRF Ltd’s latest quarter profit came in much below estimates mainly as rising employee costs ate into gains from declining raw material expenses. Net profit dropped to Rs.179.89 crore in the three months ended December from Rs.180.22 crore…
Multi-million pound pledge puts new spin on tyre tests
Up 100 new jobs are set to be created after a Bicester firm won a multi-million pound contract for its inventive tyre-measuring technology. Sigmavision’s TreadReader, an automatic tyre inspection system that spots worn tyres, can be fixed into drive-over ramps…
Uganda to get a tyre factory
CCLE Rubber Company from China, is to open a $25million (about sh63bn) motorcycle tyre and tube manufacturing company in Mukono district. The factory also intends to manufacture lubrication oil. The factory, a first of its kind in the region, is…
JK Tyre launches an integrated brand campaign
JK Tyre & Industries has recently launched a 360 degree brand campaign that aims to clearly position the brand as a premium superior quality offering. The core of the campaign is rediscovering and reconnecting relationships with family and friends, that…
Exclusive Treadsetters PCR brands include Hifly HP tyre
UK and European wholesaler Treadsetters offers two exclusive passenger car tyre brands in a range of patterns up to ultra-high performance sizes. The distributor says its high performance Hifly HF805 tyre incorporates a tread pattern designed to provide improved steering…
Rubber price extend losses
The Malaysian rubber market extended its losses today as the ringgit strengthened against the US dollar, a dealer said. She said rubber prices were also influenced by disappointing economic data from the United States which sparked fears of slowing growth…