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

Toyo Selected as OE for Nissan Titan

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Toyo Tire & Rubber Co.’s Open Country A26  was selected as original equipment for the Nissan Titan, a trailblazer in the North American.

The Open Country A26 is an all-season tire that offers the traction and superior fuel economy demanded by the Nissan Titan, Toyo said.

Read the source article at Tire Review

India: Spot rubber turns weak

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KOTTAYAM, SEPTEMBER 27:   Spot rubber was weak on Tuesday. The most active counters lost ground on buyer resistance following the declines in domestic futures and global trendsetters. RSS 4 slid to ₹121 (₹122) a kg, according to traders. The grade weakened to ₹120 (₹122) and ₹117 (₹119) respectively, according to the Rubber Board and dealers. […]

The post India: Spot rubber turns weak appeared first on Global Rubber Markets.

Read the source article at Global Rubber Markets News

NORTH AMERICAN TIRE & Retread Expo

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NORTH AMERICAN TIRE & RETREAD EXPO – the show that with your support will become the premier tire & retread expo in North America! The NORTH AMERICAN TIRE & RETREAD EXPO is a tire show presented by a tire dealer for tire and retread dealers and manufacturers.

Read the source article at NORTH AMERICAN TIRE & Retread Expo

Nokian boss Lehtoranta to step down

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Nokia, Finlad – Nokian Tyres’ president and CEO Ari Lehtoranta is resigning his position in order to pursue new opportunities outside of Nokian Tyres, the Finnish tire-maker announced 27 Sept.

Lehtoranta will continue in the position until the end of the year.

Nokian said it will start the recruitment process to select a new president and CEO soon.

Read the source article at European Rubber Journal