Eldan Recycling continues to grow on every market worldwide. One of the most interesting projects is the delivery of a new complete tyre plant in Papua New Guinea. This recycling plant is designed to process all kinds of tyres including truck tyres and huge mining tyres that can have a size bigger than 4 meters and a weight over several tons each. The system will produce 0-4 mm rubber granulate (99.9 per cent free of textile and steel) at approx. 4 tons per production hour.
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Goodyear bets on Europe
Goodyear expects the European market, especially the tyre aftermarket, to be a key component of its financial success. The tyre maker has achieved a turnaround during the past eight years, improving consistently with the exception of the 2008/2009 financial crisis, said Darren Wells, Executive Vice President and CEO of Goodyear
RM54 million for rubber replanting in Sarawak
The Rubber Industry Smallholders Development Authority (RISDA) intends to spend RM54 million on rubber replanting programme in Sarawak this year. A total area of 4,000 hectares will be targeted for the purpose , when identified smallholders are granted RM 13, 500 per hectare each.
Thai Government mulling on rubber scheme
The government of Thailand is still deciding whether or not it will extend its rubber intervention scheme when it expires in March; stocks in the world’s biggest producer of the commodity are likely to rise until then, a senior official said.
Bridgestone to open Thai technology centre
Bridgestone Corp. plans to establish a US$42 million technical centre in Bangkok this year to cover development work for the firm’s activities throughout Asia Pacific. The centre will be operational by July under the direction of Bridgestone Asia Pacific Pte. Ltd.
Cambodia rubber exports climb 17% in 2012
Cambodia recorded a 17% rise in rubber latex exports in 2012; however, the revenues from the exports went down by 21% due to declining rubber prices in the international market, a recent government statistics showed.
Top Glove to boost annual production to 45.1 billion gloves
Top Glove Corp Bhd aims to increase it total volume of production by ten percent this year via its capacity expansion of 52 production lines by August. Top Glove managing director, K.M.Lee said the ten percent target for this year is is quite substantial for the company.
Bus tyre contract for Goodyear
Goodyear has secured a sales contract with bus and coach operator, Sales-Lentz. Goodyear introduced Marathon Coach and Ultra Grip Coach tyre winning the contract with the Luxembourg-based company Sales-Lentz, which was involved in the field trials of new tyres and had equipped 22 coaches and buses for touring and local operations at the end of 2012.
Rubber prices rise after four day drop
Rubber advances following a drop in prices to a one-week low and crude oil near the highest level since September boosted the appeal of the commodity used in tyres.
European replacement tyre market contracts
The European Tyre and Rubber manufacturers association published today figures concerning its members’ sales in 2012. After two consecutive positive years – in which the total market expanded despite a decrease of European producers’ market share – the EU producers’ figures dropped in 2012, confirming that the economic crisis is far from being over.