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.
(Rubber Asian, Kerala, India) Pelican Rubber Pvt. Ltd., which began as a small-scale industry just a decade ago in 1996 for the manufacture of automobile butyl tubes, is today one of the most sought after brands across India and abroad.
(Rubber Asia, Kerala, India) The strides made by Mardec RK Latex Group ever since its humble beginning in the 1940s are a typical example of how passion and commitment to quality can take a business to great heights. The group, which started off with large rubber estates in Kerala, the home of Indian rubber, expanded into creamed and centrifuged latex in the 80s and early 90s to emerge as one of the largest processors of these products in India.
Some motorcycling purists may scoff at the motor scooter with its tiny engine capacity and decidedly un-macho appearance as little more than an appliance on wheels. Perhaps at best an admission of its merit as a cheap means of getting from A to B may grudgingly be granted. But scooters have developed in leaps and bounds since the days of the earliest Vespas and their kin, and today’s maxi-scooters provide a much more comfortable ride and than previous generation offerings, making them suitable, perhaps even enjoyable, to ride both around town and out on the open road.
The Yokohama Tire Corporation is releasing a new tyre into its Z.environment range at February’s annual Technology & Maintenance Council meeting in the US. The new tyre, the 703ZL, is a truck tyre promoted by Yokohama as more environmentally friendly through being longer lasting and providing greater fuel-efficiency.
Polyurethane elastomer tyre technology company Amerityre Corporation has reported that its Chinese licensee, Qingdao Qizhou Rubber Company, LTD. estimates it is approximately two months ahead of schedule in the construction of its OTR polyurethane elastomer retread facility in Shandong Province. The construction project, commenced in September 2006, was originally anticipated to be completed in September 2007.
IBM has submitted a patent application for a sensor that can warn drivers when tyre tread becomes worn down to 3mm or less, the level at which tests conducted for the British Rubber Manufacturers Association indicate that a tyre’s road holding ability begins to be significantly affected.
The CEO of Hankook Tire, Choong Hwan Cho, has announced the company’s global sales target for 2007 is $US3.6 billion, a significant increase on last year’s realised US$2,5 billion. Hankook are also targeting an operating profit of US$340 million and a recurring profit of US$282 million.
The Goodyear Tire & Rubber Company has appointed Charles “Chuck” Mick to the newly created position of vice president and general manager, North American holdings and integration. Prior to taking on this position Mick had served since 2003 as vice president and general manager of the company’s Global Off-Highway tyre business.
(Akron/Tire Review) Marangoni Group has entered a “partnership” with Distribuir Argentina in a move to consolidate and grow Marangoni’s activities in South America. Marangoni operates Marangoni do Brasil, a retread product manufacturing and sales business in Brazil.
Deputies from the people’s congress in the Chinese city of Guangzhou have asked officials from the city’s Environmental Protection Bureau why no action has been taken to deal with the large amount of pollution caused by a state-owned tyremaker located in the city. South China Tire & Rubber, one of the country’s largest tyre suppliers, reportedly emits large quantities of sulphurous gas from its factory, and this is claimed to affect the health of an estimated 100,000 people.
The Goodyear Tire & Rubber Company has announced the appointment of Judith Swales to the position of managing director and chief executive officer of its Australian-based South Pacific Tyres (SPT) business. Swales replaces Joe Copeland, who has been named vice president of Goodyear’s Global Off-Highway business based in Akron.
Goodyear workers from the Canadian Salaberry-de-Valleyfield tyre plant have taken their fight to save the factory onto the internet. The workers, with the support of the local community, have launched an online petition to muster support in convincing the American tyremaker to reverse its decision to close the facility.
At the end of January, Apollo Tyres Ltd, published un-audited financial results for the 2006/07 financial year that show net sales grew by 26 per cent year-on-year to 8.575 billion rupees (£100 million). At the same time net profit as a percentage of sales increased to 4.1 per cent from 2.4 per cent.
(India/Rubber Asia) India’s largest manufacturer of steel cord reinforced converyor belts, Phoenix Yule, has announced plans to expand its capacity by as much as 60 per cent. Phoenix Yule is the company created by the privatisation of the conveyor belts division of the public sector Andrew Yule. According to Rubber Asia, currently 74 per cent of its 460 million rupee (£5.26 million) paid-up equity capital is held by Phoenix of Germany, while the rest is with the Government.
KeyBanc’s Saul Ludwig has upgraded Cooper to “Buy” from “Hold” and increased his 2007 earnings prediction for the company. The Associated Press quote Ludwig as saying: “Following seven money-losing quarters, the pendulum is about to swing in a positive direction, in our opinion.”
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