OARA Tire Take Back hits incredible milestone this year!

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Ontarians can now proudly say they have helped to raise more than $1 million to support The Sunshine Foundation of Canada through the annual OARA Tire Take Back event. In its seventh year, the event organized by the dream tire collecting team – Ontario Automotive Recyclers Association (OARA) and OTS, in association with Ontario Federation of Agriculture (OFA) – encouraged Ontarians to drop off their used tires at participating collectors across the province.

Read the source article at Rethink Tires

Global Mica Market Estimated to Reach Us$ 669.3 Mn by 2024 : Transparency Market Research

Mica Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024
Transparency Market Research has published a new report titled “Mica Market for Paints & Coatings, Electronics, Construction, Cosmetics, and Other End-users – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024.” According to the report, the global mica market was valued at US$ 478.1 Mn in 2015 and is anticipated to reach US$ 669.3 Mn by 2024, expanding at a CAGR of 3.8% between 2016 and 2024.

Mica is widely used as insulator, pigment extender, and filler in various end-use industries. It is available in different forms such as natural and synthetic mica. It is also available in different grades such as ground mica, sheet mica, and built-up mica. Under natural form, mica is available as muscovite, phlogopite, lepidolite, and biotite. Under synthetic form, mica is available as fluorophlogopite. Mica is extensively employed in the electronics industry due to its insulating property. It is used in paints & coatings, construction, and cosmetics as a filler to improve shelf life of products. Mica is used to increase the flexibility and elasticity of products in plastics and rubber industries.

Read the source article at Free Essays on a Variety of Topics

Trinseo Reaches Milestone as Fully Public Company

Bain Capital divested ownership with fourth successful secondary offering Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, today issued a statement welcoming Bain Capital’s successful sale of its remaining stake in the company.

Read the source article at Stock Market Quotes and News

RMA reports progress in reducing scrap tire piles

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WASHINGTON — The number of stockpiled scrap tires in the U.S. has fallen 93 percent in the past 25 years, to 70 million in 2015 from 1 billion in 1990, according to a new report from the Rubber Manufacturers Association.

Read the source article at Tire Business

Tire Review Reveals Winner of 10th Annual Top Shop Award

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Tire Review revealed the winner of its prestigious Top Shop award sponsored by Coats, now in its 10th year, during a special  3-day event in Nashville, Tenn.. The event celebrates the milestone anniversary of the award with a special dedication to its founder, the late Jim Smith.

Finalists for the 2016 award include Dunn Tire, McMahon Tire Service, Bud’s Tire Pros. Taking this year’s highest honor was Lex Brodie’s Tire, Brake & Service Co.

Read the source article at Tire Review

ANRPC reports NR price improvement

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Kuala Lumpur – The Association of Natural Rubber Producing Countries (ANRPC) has reported an improvement in pricing of block natural rubber (NR) and latex over the first nine months of 2016.

In its Natural Rubber Trends & Statistics for September, ANRPC linked the gains to “favourable supply-demand fundamentals and a considerable recovery in crude oil price.”

Read the source article at European Rubber Journal

Polymer Solutions Group buys UK rubber chemicals company

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Leeds, UK – Polymer Solutions Group (PSG) – a portfolio company of New York-based Arsenal Capital Partners – has bought the Yorkshire-based Alkon from Stephenson Group.

The transaction value has not been disclosed.

Alkon is a manufacturer of anti-tack products for the rubber industry and the deal will complement PSG’s Sasco chemical additives business.

Read the source article at European Rubber Journal

Lanxess to buy Chemtura for about $2.12 billion in cash

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Lanxess AG said on Sunday it would buy specialty chemical company Chemtura Corp for about $2.12 billion in cash to improve the German company’s lubricants and flame retardants business. Lanxess, the world’s largest synthetic rubber maker, is offering $33.50 in cash for every Chemtura share, representing a premium of about 19 percent to the Philadelphia-based company’s close on Friday.

Read the source article at metro.us

Analysis: How Vettel is seeking an advantage with 2017 Pirelli testing

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After much debate with the teams and the FIA, Pirelli was able to plan an extensive programme of testing for its prototype 2017 tyres, which are not only wider than the current product, but will also have to deal with much higher downforce levels.

It was eventually agreed that Mercedes, Ferrari and Red Bull would provide “mule cars”, with 2015 models modified to replicate the high downforce expected next year.

The teams have three solo tests each, divided into sessions for wet running, soft/supersoft/ultrasoft, and hard/medium, followed by a 10th “final validation” test after the last race in Abu Dhabi where they will all run together.

A key stipulation from Pirelli was that the teams use their race drivers, or at least an experienced test driver – the sessions were not to be used for giving youngsters some extra mileage.

Read the source article at Motorsport.com

IISRP mourns loss of senior executive

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Milton J. Rhoad, a former Managing Director of The International Institute of Synthetic Rubber Producers, Inc. (IISRP), passed away on August 13, 2016.

“Milton was IISRP’s Managing Director from March 1978 until his retirement in 1985,” stated Juan Ramon Salinas, IISRP Managing Director and CEO.

Read the source article at Rubber Asia