MRP acceptance slow but steady, says Lehigh Technologies
When we spoke to Lehigh Technologies’ Kedar Murthy in 2016, he commented that smart tyre makers were well aware that they wouldn’t enjoy bargain basement raw material prices forever. What none of us realised at the time was that we didn’t have long to wait before prices went through the roof. Although the cost of natural and synthetic rubber has now come back from the peaks we saw in the first few months of the year, they’re still sitting comfortably above 2016 levels. This is good news for micronised rubber powder (MRP) specialist Lehigh Technologies.