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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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Lanxess to join DAX in September

Tyre manufacturing chemical supplier Lanxess AG is to join German benchmark index DAX 30, effective 24 September 2012, according to the Stock Indices Working Group of Deutsche Boerse AG. Lanxess shares closed at 60 euros on 5 September (the day the news was announced.

The DAX (Deutscher Aktien IndeX) consists of 30 major German companies trading on the Frankfurt Stock Exchange. Prices are taken from the electronic Xetra trading system. According to Deutsche Boerse AG, the operator of Xetra, DAX measures the performance of the 30 largest German companies in terms of trading volume and market capitalisation.

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  1. Lanxess Celebrates World Rubber Day
  2. Cooper quarter operating profit down, despite record sales
  3. Rhein Chemie buys Wacker’s tyre release agents business
  4. CGS buys Savatech
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Tyremen confident in UK winter market

Based in East Yorkshire, point-S member, Tyremen is conspicuously active in the seasonal winter market. Not only is there a dedicated winter tyre and wheel section on the company’s website, but banners advertise both specialist seasonal products and all-season rubber in prominent positions. The retailer says it is “well prepared” for what it predicts will be “a busy winter season in 2012/13”.

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  1. NZ Wholesaler/Retailer Changes Name
  2. ATS Euromaster Launches 2010 Winter Tyre Offer
  3. Suzuki GB introduces winter tyre plan
  4. Goodyear sells NZ service network
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Nokian previews zLine summer range

A new Nokian Tyres summer range will be available in selected European markets as of spring 2013; named the zLine, the new line-up is aimed at the UHP segment and replaces the Nokian Z G2. The zLine will be available in 31 dimensions for 16 to 20-inch rim diameters and W and Y speed ratings.

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  1. Nokian premieres ‘AA’ rated summer range
  2. Top marks for Nokian tyres in European tests
  3. Latest Nokian WR aimed at growing Central European market
  4. Concentrating on performance – Avon's ZZ5
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Bridgestone all-weather tyres equipped for all seasons

During a visit to Bridgestone’s Sweden Proving Ground earlier in the year, Tyres & Accessories drove in temperatures way below freezing in some of the most extreme conditions in Europe, using the manufacturer’s current Blizzak LM-30 winter rubber, and the prototype of its successor to be, the LM-32, which remains in development for the moment, as well as a comparative summer weather tyre, which behaved about as well as one would expect on heavy snow. There was, however, an intermediate all-weather tyre option, which the company is particularly focusing on in Oceanic climates such as that found in the UK.

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Related news:

  1. HiQ Chapel Ash inaugurates seasonal tyre hotel
  2. Goodyear advises drivers to prepare for winter
  3. Bridgestone rolling out winter tyre campaign
  4. Yokohama sales and income down over a third, but outlook ‘unchanged’
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Cooper expands US sport sponsorship involvement

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The college football season is getting underway in the US and Cooper Tire & Rubber has announced a number of sponsorship agreements. The tyre maker will soon commence is sixth year as exclusive tyre sponsor of the ABC College Football Halftime Show and it has inked new agreements with select colleges in the Big Ten, SEC and ACC conferences; these deals are expected to connect the Cooper brand with fans on a local market basis.

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Related news:

  1. Bridgestone Americas Launches Newest Blizzak
  2. Michelin Man Gets More ‘Socially Responsible’ in New Ads
  3. Cooper Tire teams up with The Weather Channel
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Lanxess invests 235 million euros in Chinese rubber facility

Rubber supplier Lanxess has announced plans to make its biggest investment in China to date with the construction of a 235 million euro, 160,000 tonne a year synthetic rubber plant. The factory, which will be situated in Changzhou, Jiangsu Province, will specialise in the production of EPDM synthetic rubber, which is used largely in the automotive and construction industries.

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  1. China Produced 654 million Tyres in 2009
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  3. Kenda, Cheng Shin to build new plants
  4. Supply contracts for Lanxess Nd-PBR plant signed
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Sailun’s ‘growing’ truck range

Established in 2002 and with the backing of the highly-regarded Mesnac Company Limited, Sailun reports that it is gaining a “fast-growing reputation” for its radial truck tyre range. According to the company, its development has been fuelled by quality standards enhanced by the research, design and technical testing facilities occupied by over 300 technical Sailun engineers and staff in the National Economic and Technological Development Zone in Qingdao.

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Maxxis a ‘Fab 50’ company

The Forbes ‘Asia’s Fab 50’ ranks the “best of Asia Pacific’s biggest listed companies,” and this year’s list has been described by the business magazine as a “roll call of outfits that have managed to thrive amid decelerating growth in Asia and all but nonexistent growth in their US and European markets.” For 2012, Forbes has added Cheng Shin Rubber Ind., manufacturer of the Maxxis tyre brand, to the list. At present Maxxis is the only tyre brand represented in the Fab 50 table.

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  4. Yokohama to focus on mini-spares in Vietnam after JV wind-up
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Pirelli to take hard, medium tyres to ‘home’ Grand Prix

The Italian Grand Prix takes place this weekend (7-9 September, 2012) in Monza, following swiftly behind the Belgian Grand Prix at Spa, and Pirelli returns to its home nation with the same P Zero White and Silver tyres it used in the previous meeting. Monza is the fastest circuit on the Formula One calendar, and puts similarly high energy loading through the tyres as at Spa. Pirelli, which knows the circuit well since the Autodromo Nazionale is situated half an hour’s drive from the company’s Milan headquarters. Pirelli highlights the first chicane, characterised by heavy downhill braking; the Ascari curves, with their several rapid direction changes; and the famous Parabolica, a wide, open radius corner that puts a lot of lateral stress through the tyres as being the most challenging areas for its rubber. Pirelli says these sections, coupled with some of the season’s fastest straights, mean tyre temperatures can peak at up to 130°C and choosing the right tyre for the conditions will be important.

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  1. Pirelli brings soft and medium tyres to home GP
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  4. Pirelli F1 tyres show durability on Buddh circuit
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Yokohama to focus on mini-spares in Vietnam after JV wind-up

At present Yokohama Rubber is in the process of winding up the joint venture it operated in Vietnam for the last 15 years and intends to integrate this into its local subsidiary. The company announced on 4 September that the three joint investors in Yokohama Tire Vietnam Company (YTVC) – Yokohama Rubber, Southern Rubber Industry Company (Casumina), and Mitsubishi Corporation – began preparing to end the joint venture company in August as part of what Yokohama Rubber calls the “enhancement” of its tyre manufacturing and marketing operation in Vietnam.

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  1. Yokohama to Exhibit at Auto Shanghai
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  3. Yokohama to build second truck tyre plant in Thailand
  4. Apollo to raise $2.1 billion debt via bonds for acquisition
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Apollo’s Kalamassery plant damaged by fire

A fire broke out in the mixing department of Apollo Tyres’ Kalamassery on the evening of 2 September. According to a company statement, nobody was injured in the blaze. Fire crews battled the fire for several hours before gaining the upper hand, and machinery and rubber is said to have been destroyed. Apollo says the unit will be out of commission several days. In the meantime, alternative arrangements for supplying mixed compound have been made.

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  1. New Apollo Factory to Reach Peak Capacity by Mid-2010
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  3. Margins still tight in India despite lower rubber prices
  4. Apollo Seeks Government Help Over Lockout
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S&P lifts Gajah Tunggal’s debt rating

Standard & Poor’s has upgraded Indonesian tyre maker PT Gajah Tunggal Tbk’s debt rating from ‘B’ to ‘B+’. Explaining its decision to do so, the financial services company observes that Gajah Tunggal’s competitive cost position and leading share in the Indonesian tyre market temper any weaknesses that may arise from the company’s “aggressive” capital structure, limited financial flexibility and the cyclical and cost competitive nature of the tyre industry.

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Related news:

  1. Gajah Tunggal releases latest sales, performance figures
  2. New Apollo factories: First Eastern Europe, then Indonesia
  3. Further speculation on potential Multistrada purchase
  4. Gajah Tunggal benefits from lower raw material prices in nine-month results
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Michelin reaches 30 million mark at Ballymena

Production at Michelin’s Ballymena plant has passed the 30 million mark; management and staff at the factory marked this milestone on 30 August. The milestone also coincided with the start of production of a new size in the X MultiWay 3D range.

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Related news:

  1. Michelin to boost North American compound capacity – $200M project announced
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  3. Recruitment begins for Conti’s Sumter plant
  4. New Warrior range launched in China
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Soybean soon to be a staple in Bridgestone agri tyres

In addition to its research into guayule and Russian dandelion-sourced rubber, Bridgestone has looked into the potential applications of soybean oil in tyre manufacture. The company’s American operation has now unveiled a concept tyre it says contains more than ten per cent soybean oil. Bridgestone Americas Tire Operations displayed the Firestone branded 800/70R38 Radial Deep Tread 23 agricultural tyre at the Farm Progress 2012 Show in Boone, Iowa, and says soybean oil may be present in its production agricultural tyres as early as next year.

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  1. Bridgestone Issues ‘Amberstone’ Suit Statement
  2. Goodyear announces Optitrac H+ harvester tyre
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