Tag: raw materials

CITExpo 2017 opens in Shanghai

CITExpo 2017 opens in Shanghai

Monday 21st August 2017 | 0 Comments

The 15th edition of the China International Tire Expo has opened at the Shanghai World Expo Exhibition & Convention Center. Exhibitors at the show comprise a mix of growing tyre manufacturers from the Chinese market, international trading companies, wheel suppliers and others, while. In addition to Chinese industry players, Europe is represented by UK distributor Oak Tyres’ Davanti tyre brand, FM Tyres from the Netherlands, and Italian distributor Franco Gomme, while Singapore’s Stamford Tyres and Taiwan’s Nankang add to the international exhibitor base. The internationalism of the show is also reflected in the visitors arriving today from five continents.

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Omsk carbon black production to start in 2018

Tuesday 15th August 2017 | 0 Comments

Omsk Carbon, the Russian carbon black manufacturer, has announced that its new carbon black site will begin production in the second quarter of 2018 – a roughly 18-month delay compared to the original plan.

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Toyo sells chemical business to Nitta

Monday 14th August 2017 | 0 Comments

Japanese rubber products manufacturer Nitta has is to acquire the chemical and chemical and industrial products businesses of Toyo Tire and Rubber for 3.7 billion yen. The purchase does not include the now infamous seismic isolation rubber business. Back in March Toyo Tire and Rubber said it was planning to sell its non-automotive operations and use the funds to strengthen its tyre business. Toyo Tire is expected to use the money from the sale to expand its tyre plant in Malaysia and invest in a US design centre set to open in 2018.

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Study: Guayule tyre performance “at least equal” to conventional rubbers

Study: Guayule tyre performance “at least equal” to conventional rubbers

Friday 11th August 2017 | 0 Comments

Cooper Tire & Rubber Company and its consortium partners have completed their five-year research project into the potential of guayule rubber as a replacement for Hevea natural rubber in tyres. A report on their work was recently presented at the public-private sector consortium’s wrap-up meeting held at the Cooper Tire & Vehicle Test Center near San Antonio, USA.

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Balkrishna to build carbon black plant

Monday 7th August 2017 | 0 Comments

Balkrishna Industries, the firm behind BKT brand tyres, recently announced plans to build a 60,000 ton/year carbon black plant at its facility in Bhuj, Gujarat, India. No completion date was announced for the project that is estimated to cost roughly $23 million.

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Continental tyre prices going up

Friday 4th August 2017 | 0 Comments

According to several German media sources, the price of Continental tyres will increase in the second half of this year. Wolfgang Schäfer, chief financial officer at Continental, indicates that tyre prices will go up by between three and five per cent in order to compensate for higher natural rubber costs.

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Michelin signs synthetic rubber supply deal with Nizhnekamskneftekhim

Monday 10th July 2017 | 0 Comments

Russian rubber and petrochemicals manufacturer Nizhnekamskneftekhim signed an agreement to provide synthetic rubber to Michelin during a meeting held in late June. A delegation from the Russian company, including Vladimir Busygin, chairman of the board of directors and other senior officials, visited Michelin’s R&D center in Clermont-Ferrand, France to discuss the supply of new brands of synthetic rubber to the tyre maker.

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Bluestar Silicones becomes Elkem Silicones

Friday 30th June 2017 | 0 Comments

Silicon-related advanced materials manufacturer Elkem is proceeding with the integration of two Chinese entities into the Elkem group, and at the same time is renaming Bluestar Silicones to Elkem Silicones.

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Chemspec celebrates one year in México’s “automotive/rubber triangle”

Wednesday 28th June 2017 | 0 Comments

Ohio-based ChemSpec, Ltd., a member of the Safic-Alcan Group family of companies, formed a subsidiary, Chemspec México, S. DE RL DE C.V., in August 2016 to serve the rapid growth of automotive manufacturing in México, specifically in the central states−often referred to as the “automotive/rubber triangle” region. ChemSpec México is strategically based in Querétaro, with additional warehousing and logistics business support in nearby Laredo, TX. 12 months on the company is celebrating its first year of success.

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Kordsa presents at Michelin Movin’ On event

Tuesday 20th June 2017 | 0 Comments

When the 2017 edition of Michelin Movin' On symposium started on 13 June in Montreal, Canada Kordsa's chief operating officer of North America, Jim Del Piano gave a presentation on the opening day stressing the significance of open innovation which will be a key factor for reinforcement market. Del Piano, in his presentation, gave insights on the future of the mobility and emerging solutions. In other words, “innovation [is] long way to walk alone”.

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Evonik and Wacker back German technology fund

Thursday 15th June 2017 | 0 Comments

Evonik and Wacker Chemie are among the investors in a $335 million fund intended to finance young start-up firms in Germany, both companies announced. The country’s Federal Ministry for Economic Affairs and Energy and the German state-run KfW Development Bank are the main investors in the High-Tech Gründerfonds (HTGF) III, which will also help the start-ups put their business concepts into practice.

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No more raw materials: Pirelli stopping tyre production in Venezuela

Thursday 8th June 2017 | 0 Comments

A lack of raw materials is behind Pirelli’s decision to suspend production at its Guacara tyre plant in Venezuela. Tyrepress.com understands that the tyre maker views the production stop as a temporary measure, however it has widely been reported as an indefinite pause.

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Cabot increases carbon black prices

Tuesday 30th May 2017 | 0 Comments

Effective June 12, 2017, speciality chemicals supplier Cabot said it will increase prices on all carbon black products in its reinforcement materials segment sold in Europe, the Middle East and Africa (EMEA).

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Birla increasing carbon black prices

Tuesday 30th May 2017 | 0 Comments

Birla Carbon has announced it is increasing carbon black prices in Europe and Africa by €70/MT, net of price monthly variation.

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GM collaborating with tyre makers on natural rubber sustainability

Wednesday 17th May 2017 | 0 Comments

General Motors has committed itself to sourcing original equipment tyres produced from sustainable natural rubber. The vehicle manufacturer views this step as an industry first and says its aim is to help “drive the industry toward net-zero deforestation and uphold human and labour rights.”

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