rubber Archives - Page 111 of 347 - Tyrepress

Tyres can’t function without this critical raw material. Whether its natural or synthetic rubber you are interested in, articles bearing this tag feature this indispensable polymer.

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Dunlop “very pleased” to receive Winter Tyre of the Year award

Having received 2010’s Winter Tyre of the Year from consumer views website TyreReviews.co.uk for its SP WinterSport 3D, Dunlop stated that the recognition could help to further the prominence of seasonal rubber in the UK. Goodyear Dunlop PR support manager Kate Rock said: “We’re very pleased to win the TyreReviews award. This accolade will help us build on the successes of winter tyres this season, and continue to make winter tyres more relevant to the UK market. Awards like this help to give us leverage when we communicate the benefits winter tyres offer UK drivers when the cold weather arrives.”

27th January 2011/by Tyrepress Editors

Marangoni Retreading Systems increases prices

Marangoni Retreading Systems has announced a price increase in all European, Middle Eastern and African markets for its entire range of retreading materials. The increase, effective as of 15 February, will be approximately 10 per cent for standard products and 15 per cent for high performance products with high natural rubber content.

27th January 2011/by Tyrepress Editors

JK Tyre Q3 Net Profit Down Three-Quarters

India’s JK Tyre has posted net profits for its third quarter ending 31 December, 2010 of 90.14 million rupees, a year-on-year reduction of 74.93 per cent on the 360.46 million rupees posted in the same quarter at the end of 2009. “It was a very challenging quarter as the prices of natural rubber have increased 100 per cent, attaining unprecedented levels. Other raw materials have also registered a sharp increase of nearly 40 per cent,” stated JK Tyre & Industries vice chairman & managing director Raghupati Singhania.

25th January 2011/by Tyrepress Editors

Japanese Tyre Machinery Manufacturer Forms Indian JV

Japan’s Kobe Steel has formed a joint venture with India’s Larsen & Toubro Limited to manufacture and sell tyre production machinery in India. Called L&T Kobelco Machinery Private Ltd., the joint venture will make rubber mixers and twin-screw rollerhead extruders used in manufacturing tyres. Plans call for construction of the plant to begin in February 2011 and production to begin in October 2011. Approximately 500 million rupees (900 million yen) will be invested in the facility.

25th January 2011/by Tyrepress Editors

Nankang Reports “Record Sales” in 2010

Nankang Rubber Tire representatives have reported an increase in sales of 28.7 per cent in 2010, making it “a record year” for the company. Despite the appreciation of the Taiwan new dollar’s exchange rate, Nankang says it achieved a 28.7 pr cent increase in operating income year-on-year, having reached figures of 13,618,253 thousand Taiwan dollars (£468.9 million) in comparison with 10,581,829 thousand Taiwan dollars (£364.7 million) in 2009.

25th January 2011/by Tyrepress Editors

Cooper Increases US Car, Light Truck Prices

Cooper Tire & Rubber Co. is raising prices on all of its passenger and light truck/SUV tires as of 1 February, reports Tire Review. The increase will reach a maximum of 2.5 per cent, the company told dealers.

25th January 2011/by Tyrepress Editors

Cooper to Announce FY2010 Results 25 February

Cooper Tire & Rubber Company says it will announce its fourth-quarter/year-end 2010 financial results before the market opens on Friday, 25 February. A conference call will be held with company management to discuss the results beginning at 11:00 Eastern Standard Time on 25 February. Individuals can access a webcast of the conference call at the investor relations webpage. Replays of the call will be available until Friday, 4 March.

24th January 2011/by Tyrepress Editors

Two-Year Rubber Squeeze Predicted

The acceleration in demand for tyres in rapidly growing economies like China and India has led to a sharp increase in natural rubber prices over a sustained period, as a look at the tyrepress.com News archive will tell readers. Now climatic conditions in major rubber supplying nations Thailand and Indonesia could prevent production upgrades, potentially leading to shortages and further price increases, according to estimates made by the Association of Natural Rubber Producing Countries.

24th January 2011/by Tyrepress Editors

Natural Rubber Reaches New Peak Having Doubled in 2010

The cost of natural rubber price has reportedly doubled in 2010 and is said to have increased a further 15 per cent during the opening weeks of January 2011, according to an equity research note published by Deutsche Bank analysts Gaetan Toulemonde. So far this month natural rubber costs have continued to surge to US$5.7/kg, a new record high.

20th January 2011/by Tyrepress Editors

Industrial Tyre Expert Thomas Philip Buckley Dies

Thomas Philip Buckley, founder and owner of Industrial Tires Ltd (ITL) in Mississauga, Canda, died on 14 January. "It was with sad hearts that we learned of Tom's passing," said John Ryder, a vice president with prominent materials handling equipment dealership JH Ryder Machinery Ltd in Mississauga. "Our relationship with Tom and the ITL organisation spanned four decades. His unique blend of a colourful personality, visionary leadership and intuitive business savvy will leave a significant legacy in the materials handling industry."

20th January 2011/by Tyrepress Editors

JK Tyre Announces 2-4% Price Hike

Indian manufacturer, JK Tyre has decided to raise its prices by between two and four per cent on the back of raw materials prices going “up to an all time high, touching Rs 210 or even Rs 220 per kg of natural rubber,” the company’s marketing director AS Mehta told newspaper The Economic Times.

19th January 2011/by Tyrepress Editors

Avon Tyres Reaches Motorcycle Centenary

Avon Tyres is celebrating the centenary of its commencement of motorcycle tyre production in 2011. The Avon association with tyre production goes back to 1885, when a former cloth mill in Melksham, Wiltshire was turned into a rubber goods factory. By the turn of the century the company was diversifying, producing more rubber products and by 1911 Avon produced their first motorcycle tyre. It is now the only UK-based manufacturer of road-going motorcycle tyres.

19th January 2011/by Tyrepress Editors

Pirelli Completes Private F1 Tyre Testing

Incoming Formula 1 tyre supplier Pirelli reports the completion of its private testing campaign on January 18 ahead of the 2011 F1 season. In the latest testing, held in Abu Dhabi, Spanish driver Pedro de la Rosa spent four days at the wheel of the Toyota TF109 that has been used to test the Italian rubber since August: two days to run through the entire range of PZero dry tyres and two nights during which he tested the wet and intermediate tyres. The wet tyre test was, Pirelli noted, the first occasion ever that a Formula One car has been run in wet conditions in the dark.

19th January 2011/by Tyrepress Editors

"UK Suffering Pothole Epidemic" – etyres

etyres, the online tyre retailer, says it has been inundated with call-outs from vehicle owners who have had their tyres and wheels damaged in the latest pothole epidemic. And following weeks of severe winter weather, the state of British roads is continuing to deteriorate at a rapid rate forcing drivers to navigate their way round cracks and gaping holes.

18th January 2011/by Tyrepress Editors

Hangzhou Zhongce Investing in Thai Tyre Plant

China’s Hangzhou Zhongce Rubber has entered into a joint venture agreement with Thai Hua Rubber to establish a tyre production facility in Thailand’s Rayong Province. According to Bangkok based newspaper The Nation, the plant will be set up with a five billion baht (₤102.7 million) investment from the two parties; Hangzhou Zhongce holds an 85 per cent share in the joint venture, with the remainder belonging to the Thailand based rubber company.

18th January 2011/by Tyrepress Editors