Trump’s trade chief: U.S. and Canada ‘starting to converge’ on key NAFTA dispute

WASHINGTON—Canada and the United States are “finally starting to converge” on the dispute over automotive manufacturing that has been a key obstacle to the success of North American Free Trade Agreement negotiations, President Donald Trump’s trade chief said Wednesday.

U.S. Trade Representative Robert Lighthizer’s comments to the House Ways and Means Committee corroborated the optimistic words from Canadian Ambassador David MacNaughton the day prior.

Read the source article at Metro News

Bibendum Builds Momentum As Michelin Becomes World’s Most Valuable Tire Brand


Michelin has become the world’s most valuable tire brand following 30 percent brand value growth to $7.9 billion over the past year according to the latest Brand Finance report. It overtook Bridgestone (down 6 percent to $7 billion), which slipped from first to second place in the annual Brand Finance Tyres 10 ranking.

Read the source article at Aftermarket News

Tyre e-tailing gaining appeal


With one estimate claiming that internet sales of tyres across Europe will reach 5.5 million euros annually by 2021, this is a bandwagon to watch. With many tyre brands scratching ever harder to find new routes to market, the appeal of the internet is obvious and even perhaps a last resort.

As this column has commented on before, the efforts of the major manufacturers to strengthen their hold on retail distribution and increasingly to buy up wholesalers too will inevitably reduce the scope of smaller brands to reach the consumer. Against the backdrop, brand-specific web shops are a clear attraction.

Read the source article at Rubber Asia

Camso raising aftermarket prices globally up to 6%


Magog, Quebec — Camso Ltd. is planning to raise aftermarket prices globally in the coming months on its range of solid and pneumatic tires, tracks and track systems by between 1% and 6%.

Camso cited rising raw materials, logistics and other operating costs as the reasons for the increases. The timing of the increases will be based on market dynamics in North America, Europe, the Middle East and Asia Pacific, Camso said.

Read the source article at European Rubber Journal

Technology focus: Arlanxeo’s new self-sealing tire compound


Hanover, Germany – Arlanxeo has developed a special compound for use in self-sealing tires, the synthetic rubber maker recently announced

The material, which is applied on the interior of a vehicle tire, enables punctures to be automatically sealed, said a 19 Feb company statement.

The development is in line with the requirements of future vehicles, according Frank Lückgen, global marketing director, tire, at Arlanxeo’s Tire & Specialty Rubbers business unit (BU TSR).

Read the source article at European Rubber Journal

China calls U.S. repeat abuser of world trade rules as tariffs loom


BEIJING (Reuters) – China accused the United States of “repeatedly abusing” trade practices, as Beijing braced on Thursday for an imminent announcement from U.S. President Donald Trump slapping more tariffs on Chinese imports.

The U.S. tariffs on Chinese imports worth as much as up to $60 billion are set to be unveiled later on Thursday, raising fears that the world’s two largest economies could be sliding toward a trade war.

Read the source article at Global Rubber Markets News

Think of winter tires as year-long business


For those in Snow Belt areas, the winter tire season represents a time where the advent of November begins the silly season as winter preparation and new tire sales keep technicians and cash registers happy.

Read the source article at Tire Business

Shortage in supply of ‘Carbon Black’ causes crisis in Rubber Industry


An acute shortage of the Carbon Black -a major raw material needed for manufacture of rubber products has caused the crisis in Indian Non-tyre Rubber industry . The shortage has caused the shutting down of a large number of small and medium sized manufacturing units across the nation. All India Rubber Industries Association ( AIRIA ), an industry body of non-tyre rubber products manufacturers, has appealed to the Govt.

Read the source article at Asia’s Premier News Agency

Kuraray’s liquid rubber enhances ice grip


TOKYO — Specialty chemicals producer Kuraray Co. Ltd. has developed a reactive liquid rubber that it claims can be used in tread compounds to enhance the ice-grip performance of winter tires.

Read the source article at Tire Business

Michelin to Acquire Fenner in Cash Deal


The Michelin Group announced that it intends to acquire Fenner PLC, a manufacturer of conveyor belt solutions and reinforced polymer products for the mining and industrial markets.

Headquartered in Hessle, United Kingdom, Fenner has two divisions: an engineered conveyor solutions division (ECS), which is the second largest producer of heavy conveyor belts and a player in the heavy and complex conveyor belt solution market; and an advanced engineered product (AEP) division, responsible for polymer-engineered products. Fenner identifies, designs and manufactures polymer products for niche markets around the world. Its total annual revenues amounted to £655 million ($9.16 million).

The …

Read the source article at Tire Review