Over the past 40 years, Emmie Leung, Founder and CEO of Emterra Group, has led her company from a fledging, one-woman start-up, to a widely recognized and regarded leader in waste recycling and resource management. During the Women’s Executive Network’s (WXN) Awards in Toronto, Emmie was named one of Canada’s Most Powerful Women: Top 100 Winners in the category of Entrepreneurs.
In the Women’s Executive Network’s announcement, Sherri Stevens, President & CEO of PhaseNyne (parent company of Women’s Executive Network – WXN) stated, “The Top 100 Awards showcases the leaders that are helping to drive positive change and progress and to remind us of the importance of empowering women in our workforce.”
“This award program recognizes women who have pushed the boundaries and are in a constant pursuit of leadership excellence,” said Emmie. “It is a complete honor to be included with this group of exemplary people and to be recognized as one of Canada’s Most Powerful Women.”
HANOVER, Germany — Continental A.G.\’s Rubber Group has reduced its estimates for the negative impact of raw materials prices in 2017. In its recently published third quarter results, Continental said it was lowering its forecast for the average price of natural rubber (TSR 20) this year to $1.70 per kilogram from $1.90/kg. Recent declines in […]
The post Conti sees improved outlook for materials costs appeared first on Global Rubber Markets.
Expanding demand in the world tire market is expected across the next five years according to the latest exclusive data from Smithers Rapra.
The Future of Global Tires to 2022 is available for purchase now. Tire and Rubber Association of Canada members can receive a 15% discount on this definitive market strategy tool.
Its new definitive report – The Future of Global Tires to 2022 shows how worldwide 2.24 billion tires will be sold in 2017, with and overall value of $223 billion. Across the next five years the rate of volume demand will fall to 3.4% per year, down from 5.2% in the 5 years preceding. In contrast the rate of value increase will increase from 3.4% to 3.7% per annum reflecting:
Stabilisation of raw material pricings
The new added value innovation is adding to the industry in developed markets
Volume demand increases in transition economies with rising disposable incomes – especially China.
Smithers Rapra’s analysis tracks these trends across all:
Tire raw materials
Tire type and vehicle
Key national and regional geographic markets ,
Production in North America is growing, and outpacing domestic demand, as Asian and European companies continue to shift capacity here to be closer to automotive OEMs, and circumvent potential trade restrictions that some view as more likely with the 2017 change of US administration.
The region’s tire market will reach a value of $39.7 billion in 2017 – 236 million units.
In mature markets demand will be especially strong for materials that enable energy efficiency. For example, continuing improvements in lowering rolling resistance means demand highly dispersible silica (HDS) is set to increase at over 10% per year through to 2022. This will run in parallel to continuing interest in complimentary technologies, such as automated tire pressure monitoring systems (TPMS).
CYPRESS, Calif.—Toyo Tire & Rubber Co. Ltd. has appointed Jim Hawk chairman and CEO of its U.S. subsidiary, Toyo Automotive Parts (USA) Inc.
The firm said he will hold this title in addition to his current positions—chairman of Toyo Tire Holdings of America Inc., Toyo Tire North America Manufacturing Inc. and president of Toyo Tire North America OE Sales L.L.C.
Toyo Automotive Parts (USA) was established in 2001 and focuses on the firm’s auto parts segment, supplying the automotive industry with original equipment anti-vibration rubber parts and bushings from its manufacturing facility in Franklin, Ky.
NASA has debuted a “superelastic tire” which can adapt to alien environments, huh like the one found on Mars. The new wheel is an alternative to the pneumatic tires currently fitted on the Mars Curiosity Rover.
A routine check of the rover’s six aluminum wheels revealed that one had damage to its grousers. The grousers are the zig-zag shaped treads that extend out from each wheel, according to Engadget. Curiosity has been on the red planet for the last five years and is currently examining dunes on the Murray formation and climbing Mount Sharp to assess the regions billion-year old climate. Despite equipment setbacks, it is still sending images along the way. NASA predicts it can still manage 40 percent more life from its wheels.
Milan, Italy – Pirelli & C. SpA and the University of Milan have extended their partnership for another three years, signing an agreement to work on developing innovative materials and technologies for sustainable tires.
The Italian tire maker announced 24 Nov that within the context of the €1.5 million project, the two parties would work on use…
Continental celebrated the Foundation Stone Laying Ceremony last November 21, marking the start of construction of its new Greenfield tire plant in Rayong, Thailand. The ceremony was attended by Mr. Chalee Chotiwong, Chief of Provincial Administration Organization for Maenamkoo district, as well as Continental management, the local project team, and suppliers.