Research into the use of locally sourced rubber in tyre manufacture has led to Continental’s Dr Carla Recker being nominated for a prestigious award in her native Germany. Together with fellow researchers Prof. Dr Dirk Prüfer from the University of Münster and Dr Christian Schulze Gronover from the Fraunhofer Institute for Molecular Biology and Applied Ecology IME, Recker has been shortlisted for the ‘Deutscher Zukunftspreis 2021’, an award for technology and innovation bestowed by Germany’s President.
Chemical and material manufacturer DuPont Mobility & Materials, which supplies tyremakers around the world, has announced sweeping prices increases globally. The price increases take effect from 1 October 2021 “or as soon as contracts allow”.
The latest figures from the Association of Natural Rubber Producing Countries (ANRPC) suggest that year-on-year growth in global natural rubber supply won’t be quite as high as previously anticipated and will be lower than expected demand. The ANRPC has downwardly revised its full-year outlook on global natural rubber supply for 2021 to 13.782 million tonnes.
Locally harvested natural rubber is the key raw material that Sri Lankan tyre maker GRI Tires utilises. It thus views natural rubber farmers as important stakeholders in the ‘GRI ecosystem’. This is an ecosystem that “focuses on sustainability and aims to inspire the farming communities by recognising their work as well as providing knowledge and skills for their development and optimising the yields from their natural rubber farms.”
Toyo Tire Corporation has re-examined and updated its natural rubber procurement policy and established this as an independent policy separate from the company’s CSR Procurement Guidelines that prescribe the proper procurement process for the Toyo Tire Group (the Group).
After a turbulent few years, tyre industry supplier, Nynas AB has changed hands again signing a binding agreement with an investment vehicle managed by Davidson Kempner Capital Management LP for the acquisition of the entire equity stake (49.9%) in Nynas from Bitumina Industries Limited, making it the largest individual shareholder of Nynas.
Orion Engineered Carbons S.A. has announced that it is increasing the prices of all its rubber carbon black products sold in the EMEA region effective 1 August 2021 or “as permitted by customer contracts”.
Madhavi Kanumoory has been appointed as Chief Digital & Information Officer at Birla Carbon. In this role, she will be responsible for all aspects of the company’s digital and information technology. Kanumoory will report to John Loudermilk, Chief Operating Officer, joining the company’s Senior Management Team and will be based at the Birla Carbon office in Mumbai.
Orion Engineered Carbons S.A. launched its Ecorax Nature family of plant-based carbon black products. According to the company, Ecorax Nature 100, which was launched on 17 June 2021, is “the first highly reinforcing carbon black grade made from renewable feedstocks which can be used in critical tyre tread construction”. The product is currently being tested by customers and will go into high volume manufacturing in the second half of 2022. Orion further reports that Ecorax Nature is the first “renewable carbon black” to be produced for the tyre industry.
Agricultural tyres generally appear quite similar irrespective of brand, making it difficult to spot at a glance the difference between discount tyres and higher-priced premium products. Bridgestone observes that price thus “wrongly becomes a differentiating element” with these products. The tyre maker is concerned that some may gain the impression they’re paying extra for the brand rather than the tyre, and wishes to set the record straight.
Bridgestone Corporation has announced that it will sell Bridgestone (Huizhou) Synthetic Rubber Co., Ltd., its China-based subsidiary for manufacturing synthetic car tyre rubber, to Taiwan’s LCY Chemical Corp. The company has not disclosed financial aspects of the transaction.
Toyo Tire U.S.A. Corp. has announced that it will increase the dealer base prices across all tyre categories by up to 8.5 per cent from 1 August 2021. The tyre maker comments that the price increase “is a result of continued increases in raw materials and logistics costs.”
Yokohama Off-Highway Tires has announced further price increases for its brands in Europe. These will take effect next month and see prices for Alliance and Galaxy tyres rise by around five per cent. The manufacturer says this increase comes at a time when the costs of raw materials and freight rates “continue to rise at a dramatic pace on the global commodity markets.”
Birla Carbon will increase prices on all products produced in the Americas by US$170 per metric tonne effective 1 July 2021. All shipments made on or after this date are subject to the price increase. Birla Carbon’s announcement follows a 97 euros per metric tonne EMEA price increase published on 24 May and effective 1 June 2021.