News
Rubber chemicals market to reach $5.3 billion by 2024
CLEVELAND—The worldwide market for rubber processing chemicals is poised to grow 4.9 percent annually, from $3.63 billion last year to more than $5.31 billion by 2025, according to new research from Global Market Insights.
The CAGR figure is in line with other markets reports on the rubber processing chemicals sector. Some studies, how
Source: Global Rubber Markets
2018/12/07
Auto Care Association on U.S. Trade Deal with China
The Auto Care Association released a statement regarding the temporary trade deal between the United States and China.
“We are pleased that President Trump and President Xi were able to reach a temporary trade deal during the G20 summit in Buenos Aires to not raise tariffs on $200 billion worth of imports from China,” said Bill Hanvey, pr
Source: Tire Review
2018/12/05
Trade court finds for Commerce in Zhongce Rubber countervailing duty case
NEW YORK — The U.S. Court of International Trade (CIT) has granted the U.S. Department of Commerce's motion to dismiss a case brought against the agency by Zhongce Rubber Group Co. Ltd. (ZC Rubber)
Revising countervailing and antidumping duty rates brought against Chinese passenger and light truck tire makers in 2015, Commerce levied a
Source: Tire Business
2018/12/03
Trade war sapping demand for Thai rubber
BANGKOK • They work in the pre-dawn gloom tapping trees for the “white gold” that has made their country the world’s top rubber producer – but as prices plunge due to the US-China trade war, Thai farmers are giving up the sap.
Workers sorting out raw rubber sheets at a factory in Rayong province, Thailand. Tha
Source: Global Rubber Markets
2018/11/29
The China International Conference on Tyre Industry Cooperation & Developments Prepares to Examine Exporting, Recycling, E-Commerce, R&D, Globalisation and Competitiveness
In the first edition of the “China International Conference on Tyre Industry Cooperation & Developments”, a forum for the tyre sector in China, which will take place on the 29th of November during Automechanika Shanghai, some of the most reputable experts from the sector will offer their points of views on some of the challenges whi
Source: Retreading Business
2018/11/29
Linglong Tire Strongly Supports the Development of "Power-generating Tires"
Recently, Shandong Linglong Tire Co., Ltd. announced that it has cooperated with the team of Professor Zhang Liqun from Beijing University of Chemical Technology and Professor Wang Zhonglin from the Beijing Institute of Nano Energy and Systems, Chinese Academy of Sciences to develop green power-generating tires with intelligent sensing function.
Source: China Rubber Web
2018/11/27
Wanhua selects Convent, Louisiana, as site for $1.25 billion chemical complex
Photo by Louisiana Economic DevelopmentLouisiana Economic Development Secretary Don Pierson and officials from Wanhua Chemical Group Co. Ltd. sign an agreement in 2017 laying the groundwork for Wanhua's new plant in Convent, La.
CONVENT, La.—Wanhua Chemical Group Inc. has picked Convent for its $1.25 billion methylene diphenyl disocyanate (MDI
Source: URETHANES TECHNOLOGY INTERNATIONAL
2018/11/27
Sheet rubber prices fall 5% as production picks up
Kochi: Sheet rubber prices have fallen 5 per cent in November so far following an increase in production amid slowing demand.
Usually, the peak tapping season ends by the middle of January.
On Wednesday, the RSS-4 variety, used in tyre manufacturing, was priced at Rs 119 per kg.
“In October, our production should be clo
Source: Global Rubber Markets
2018/11/23
Relief for rubber farmers after price slump
The cabinet has approved a new subsidy and other measures to help rubber farmers, who are struggling amid a slump in prices and have threatened protests.
Thailand, the world’s biggest rubber producer, has been hit by a 40% decline in prices over the past two years, accentuated again recently as a trade war between the US and China
Source: Global Rubber Markets
2018/11/22
Tire industry must continue to go green, according to experts
AKRON — Green business and economic practices, encompassing both manufacturing and recycling, are crucial to the continuing health and viability of the tire industry, speakers said at the recent International Tire Exhibition & Conference (ITEC).
According to Rahinda Mukhopadhyay, director of the Hari Shankar Singhania Elastom
Source: Global Rubber Markets
2018/11/20
China sends written response to U.S. trade reform demands – U.S. government sources
© Reuters. FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai
By Jeff Mason and David Shepardson
WASHINGTON (Reuters) – China has delivered a written response to U.S. demands for wide-ranging trade reforms, three U.S. government sources said on Wednesday, a move that could trigger negotiations to bring an end to a
Source: Global Rubber Markets
2018/11/15
China says to impose anti-dumping tax on nitrile rubber from Japan, S. Korea
China’s Ministry of Commerce on Thursday said it would impose anti-dumping tax on nitrile rubber products imported from Japan and South Korea.
Ministry says the anti-dumping tax rates vary from as low as 12 percent to as high as 56.4 percent and will take effect on Friday.
Nitrile rubber is used in aut
Source: Global Rubber Markets
2018/11/13
China October export growth surprisingly strong in race to beat higher U.S. tariffs
BEIJING (Reuters) – China reported stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, seeking to beat higher tariff rates due to kick in at the start of next year.
Import growth also defied forecasts for a slowdown, suggesting Beijing’s efforts to cushion the co
Source: Global Rubber Markets
2018/11/13
Slowing Chinese demand, supplies to weigh on rubber prices in 2019 -assoc official
MUMBAI – Natural rubber prices are unlikely to recover in 2019 from their lowest level in more than two years as demand growth is faltering in top consumer China amid rising supplies, the Association of Natural Rubber Producing Countries (ANRPC) said.
“The demand-supply situation and currency movements are not favourabl
Source: Global Rubber Markets
2018/11/13
Sentury Tire USA Announces Price Increase
Sentury Tire USA will increase tire prices on all orders invoiced after December 1, 2018.
“Increases in transportation and logistics costs have had a negative effect on production and general operating expenses,” said Maxwell Wee, Executive Vice President of Sentury Tire USA. “Other factors for the price increase include the changing
Source: Tire Review
2018/11/13
U.S. Trade Court Questions Ruling on Chinese Truck and Bus Tires
The U.S. Court of International Trade (CIT) announced that it was partly remanding the U.S. International Trade Commission’s (ITC) final negative material injury determination in the antidumping and countervailing duty investigations of Chinese truck and bus tires.
The USW appealed to the court regarding the ITC’s final determination to not en
Source: Tire Review
2018/11/05
Sentury Tire USA Introduces the Delinte DX-12 Bandit R/T Tire at SEMA 2018
Sentury Tire USA has introduced the Delinte DX-12 Bandit R/T tire.
“This new rough terrain tire has large, aggressive tread blocks with ample grooves for off-road mud, dirt and snow grip,” said Maxwell Wee, executive vice president of Sentury Tire USA. “These rugged-looking tires are perfect for drivers who want a combination of off-
Source: Tire Review
2018/11/02
Triangle Tire Announces 90-Day Guarantee on TBR Tires, 30-Day on OTR Tires
Triangle Tire USA announced at the 2018 SEMA Show that the company is now backing its truck and bus radials (TBR) with a 90-day total satisfaction guarantee. It is also backing its OTR tires with a 30-day guarantee.
If customers are not 100% satisfied with their Triangle TBR tires, they can bring them back to the dealer where they purchased the tires
Source: Tire Review
2018/11/02
ARLANXEO Partners with Two Leading Higher-Education Institutions in Changzhou to Cultivate Young Chemical Professionals
Changzhou, October 25, 2018 – ARLANXEO, a world-leading synthetic rubber company, recently signed three-year cooperation agreements with Changzhou University and Changzhou Vocational Institute of Engineering (CZIE). Working in tandem with its partners, ARLANXEO will contribute to the development of Changzhou and the local chemical industry by
Source: China Rubber Web
2018/10/29
Double Coin Supports Truckin’ for Kids
Double Coin Tires has sponsored the annual Truckin’ for Kids fundraiser, which was held at Irwindale Speedway in California. Double Coin was the premier sponsor of the event, which included more than 300 truck entries and thousands of fans in the stands, and also donated eight 255/70R22.5 RT500’s for the traveling Tr
Source: Tire Review
2018/10/26
