KUALA LUMPUR, Malaysia — The world supply of natural rubber fell 8.3% to 5.85 million metric tons during the first half of 2019 versus the same 2018 period, according to figures released by the Association of Natural Rubber Producing Countries.
The lofty goal, disclosed in the company’s most recent Corporate Responsibility Report, has a number of benefits.
Using a green technology is more sustainable, the company said, and it can capture a growing section of consumers who factor environmental concerns into their buying decisions. And it will be a boon for the U.S. soybean industry.
But experts say the recent developments are unlikely to become a resounding trend throughout the EV movement: The less-established contenders are simply realizing the barriers to entry in the electric space. In the last two weeks: “There are a lot of startups out there looking at the apparent success of Tesla, and they want to be the next Tesla, and they don’t realize it’s a multibillion-dollar investment,” Michael Harley, executive editor of Kelley Blue Book, told Automotive News.
It’s time to decide who will be this year’s William Stockwell. The president of Stockwell Elastomerics Inc. was named 2018 Rubber Industry Executive of the Year, in large part for guiding the century-old company through a transformation that allowed the Philadelphia-area firm to thrive in the competitive world of custom manufacturing.
Continental’s power transmission products plant in Chihuahua, Mexico is celebrating its 20-year anniversary.
Built in 1999, Planta Contitech Chihuahua manufactures power transmission belts for a wide range of applications including the agricultural, construction and white line (home appliances) industries, as well as the automotive aftermarket.
SINGAPORE—Seventy-five years after its founding, the International Rubber Study Group continues to evolve as an analytical, statistical and forecasting body serving the natural and synthetic rubber industries, according to its current secretary general.
Dayton, Tennessee – Nokian Tyres plc has commissioned production at its Dayton passenger/light truck tire factory two years after breaking ground on the $360 million (€330 million) project.
Nokian Tyres CEO Hille Korhonen and other Nokian executives attended the opening ceremony for the factory, the company’s third overall and first outside of Europe, on 2 Oct.
PORT WASHINGTON, N.Y. — Demand for larger rim-diameter passenger/light truck tires has grown sufficiently the past three years to the point where 17-inch and larger tires now account for nearly half of all consumer tires sold in the U.S., according to NDP Group Inc. research.
AKRON—While the tire industry is watching developing megatrends like electric and autonomous vehicles, it should focus on realistic usage and bringing in new skills, said Robert Asper, director of core system engineering, product development for Bridgestone Americas.
Topics covered in this issue of AIM: Sumitomo generating electricity with tires, what is blockchain and its opportunities in the automotive and tire manufacturing industries, autonomous fleet vehicles, turning internal combustion engines into fuel savers, Toyota’s multi-faceted approach to electrification, and more.