Mesnac announces expansion plans for its European region

Mesnac’s European Research and Technical Center (MERTC ), recently announced that it is planning a major expansion of its operations based in Slovakia. The construction of a new production facility and additional research facilities will take place in the Trencin City region and the project is expected to be completed by the end of 2015. The new center

Source: 中国橡胶网

2014/09/01

China natural rubber prices on August 29

  Commodity Sectors Price Date Natural rubber Rubber & plastics 13346.67 2014-08-29 Natural rubber Rubber & plastics 13386.67 2014-08

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2014/08/29

Thai military government approves sale of country's rubber stocks

The Thai military government has approved the sale of the country's large rubber stocks and is in negotiations with potential buyers, a senior rubber-industry official said. Chanachai Plengsiriwat, director of the Rubber Estate Organization, which oversees the country's rubber industry, said the junta approved the release of the natural-rubber stocks last

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2014/08/27

Firestone Offers New Steer Tire

Bridgestone Americas recently introduced the Firestone FS561, an on-highway, all-position radial tire recommended for steering applications in regional and pickup and delivery use. The FS561 features are designed to reduce susceptibility to stone retention and drilling, common occurrences in high-scrub applications, the tiremaker said. The company noted tha

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2014/08/25

Global SBR market worth $23 billion by 2020

The global styrene butadiene rubber market will be worth $23 billion by 2020, according to Grand View Research. The U.S.-based market research and consulting company said the increasing demand for SBR in tire manufacturing is expected to support growth over the forecast period. Tires were the single largest application segment for SBR market accounting for

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2014/08/22

CMA's Weller: Chinese tires here to stay

The rise of Chinese tires in U.S. and world markets is due to many forces and their impact will continue barring any government actions to stop it, according to Walt Weller, vice president for strategic markets, China Manufacturers Alliance L.L.C./Double Coin. In the truck tire market alone, Tier 1 tires are no longer the most profitable choice for truck fl

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2014/08/21

Kumho opens European tire testing facility

a new tire testing facility has been added to Kumho’s European Technical Centre (KETC) in Papenburg, Germany. The 1,000 square metre premises will facilitate the upwards of 3,000 tires that the KETC tests a year and it houses a nine-strong test team along with all the required tires and wheel rims. Kumho says the adjacent proving ground has been partic

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2014/08/20

Sailun waiting on tariff decision

Sailun Tire Corp. is waiting to see the U.S. Department of Commerce’s decision on the USW’s antidumping and countervailing duty complaint against Chinese-made tires before it makes actions regarding potential tariffs, the tiremaker told Tire Review.  “We’re not making any actions, we’re just going to see what happens,&rdqu

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2014/08/19

Commerce Department of USA delays China duties deadline

The Department of Commerce is delaying until Nov. 21 the deadline for the International Trade Administration to issue its preliminary determination of whether Chinese tire makers are selling consumer tires in the U.S. at less than fair market value. Commerce stated in a notice in the Aug. 14 Federal Register that “the number and nature of the sub

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2014/08/18

China natural rubber prices on August 14

Commodity Sectors Price Date Natural rubber Rubber & plastics 13560.00 2014-08-14 Natural rubber Rubber & plastics 13726.67 2014-08-13

Source: 中国橡胶网

2014/08/15

Kumho Continues Plans in Macon

Kumho Tire USA Inc. took another action to resume construction of its $413 million plant in Macon, Ga. The Telegraph reported that Kumho has applied to the Macon-Bill County Planning & Zoning Commission for a conditional-use permit to allow revisions to a previously approved site plan. The new application is a renewal of the previous proposal that expir

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2014/08/14

Bridgestone reports double-digit growth in first half

Bridgestone Corp. reported double-digit growth in operating and net income for the first half of fiscal 2014, based largely on gains from lower raw materials costs and favorable foreign exchange rate changes. Sales rose 2.6 percent on gradual recoveries in Japan, North America and Europe and despite slowing Asian economic growth, the company said. Operatin

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2014/08/13

Apollo Tyres net profit increases 37 percent in the first quarter

The board of directors of Apollo Tyres Ltd. approved the company’s unaudited results for the 1st quarter of the financial year 2014-1 percent% per share (0.75 per equity share), for the year ended March 31, 2014. For the quarter ended June 30, 2014, Apollo Tyres Ltd., on a consolidated level, reported a profit of Rs 228 crores on the net sales of Rs 32

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2014/08/11

China natural rubber prices on August 8

  Commodity Sectors Price Date Natural rubber Rubber & plastics 13886.67 2014-08-08 Natural rubber Rubber & plastics 13906.67 2014-08

Source: 中国橡胶网

2014/08/08

Michelin adds size for sprayer tire

Expanding its Michelin Spray Bib lineup, Michelin North America will now offer a 50-inch VF sprayer tire.MICHELIN-SprayBib2 The VF420/95R50 177D SprayBib will have all the qualities of the smaller 46-inch SprayBib but in a larger dimension designed for sprayers that carry heavier loads, the tiremaker said. The tire is equipped with a D speed rating allowin

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2014/08/07

Therban and Levapren blends make shipping safe

Shipbuilding is seen as an indicator of the state of the world economy. That is why a recent report caused some excitement – it would seem that the industry is recovering. And not just in South Korea, which has occupied a leading position in this sector the past few years. Specialty chemicals company LANXESS also benefits from this turn of events. In t

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2014/08/06

Bridgestone Americans Monitoring Ebola Situation in Liberia

The outbreak of highly dangerous Ebola virus in West African countries has gain much international attention, and it is now directly impacting the tire industry. The area of Liberia, Guinea and Sierra Leone is the focal point of the disease, for which there is currently no vaccine, no specific treatment and a fatality rate of around 60%, according to report

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2014/08/05

Rubber machinery makers enter into partnership

Qingdao Doublestar Rubber and Plastics Machinery Co. Ltd., a fully-owned subsidiary of rubber tire and machinery maker Qingdao Doublestar, has signed a contract to partner with Harburg-Freudenberger Maschinenbau GmbH. Under terms of the 10-year contract, HF will license its technology for all-steel hydraulic dual-model tire forming vulcanizer to QDRPM and p

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2014/08/04

Demand for Chinese NR forecast to grow

Demand for natural rubber (NR) in China is forecast to grow at 6.5 percent per year, according to research by ReportsnReports. In its report, “Research and Forecast of China Natural Rubber Industry, 2014-2018,” market research firm ReportsnReports estimates that the consumption of NR will reach 3.51 million tons by year- end, and 4.52 million to

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2014/08/01

Cambodia sees 91 percent rise in dry rubber exports

Cambodia has seen a 91 percent rise in dry rubber exports in the first half of 2014 as revenue from the exports increased only 3 percent due to global decline of rubber prices. During the January-June period this year, the country exported 42,190 tons of dry rubber, up 91 percent from 22,120 tons over the same period last year, the latest figures from the Mi

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2014/07/31