Vipal Rubber’s Mexican partner opens new unit in Nuevo Laredo

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Vipal Rubber has celebrated the achievements and growth of one of its Monterrey network members in Mexico, Llanco. Recently the retreader opened its second unit in the country, in Nuevo Laredo, in the state of Tamaulipas.

The plant began operations in early May, with a production capacity of up to 2,200 retreads per month. With the new factory’s opening, the retreader expects an approximate growth of 50% in the first year and 100% in the second year.

Read the source article at Tire Technology International

A Conversation with Brent Hesje

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Many of the same disruptions that continue to affect the U.S. tire industry are impacting the Canadian tire market. Tire Business Editor Don Detore sat down recently to discuss the market with Fountain Tire CEO Brent Hesje. Fountain Tire has been honored as one of Alberta’s Top Employers and one of Canada’s Best Managed Companies.

Read the source article at Tire Business

Jury still out on new Canadian scrap tire program

HILTON HEAD ISLAND, S.C.—Extended producer responsibility for scrap tires is here to stay, according to Glenn Maidment, president of the Tire and Rubber Association of Canada (TRAC).

But the jury is still out on individual producer responsibility (IPR), Mr. Maidment told his audience at the 35th Clemson University Global Tire Industry Conference, held recently in Hilton Head.

Under a directive from the Waste-Free Ontario Act of 2015, tire manufacturers and importers in Ontario officially closed out Ontario Tire Stewardship (OTS), their industry-funded recycling organization, in January 2019.

Read the source article at Tire Business

Increasing Profitability of Tire Recycling Businesses with Innovative Rubber Products

Recycling tires into materials such as steel-free crumb rubber and fine rubber powder used to be a profitable venture; however, due to market saturation in developed economies, tire recycling companies might want to shift their focus from raw materials to potentially higher-priced consumer goods made from recycled rubber or even virgin rubber which can be replaced by tire-derived materials. The first and so far one of the most viable choices of tire recyclers would be investing in presses and molds to produce molded goods from crumb rubber or rubber powder. Another options include more complex technologies, e.g. blending recycled rubber powder with polyethylene or polypropylene to produce thermoplastic elastomers (TPE).

 

Read the source article at weibold.com

US is winning trade war with China…for now

US is winning trade war with China…for now – Richard (Rick) Mills The ongoing battle between the United States and China for economic supremacy isn’t only being fought in the gilded ballrooms of Washington, as trade negotiators from either side parry over automobile parts content, intellectual property rights, government subsidies and the like.

Read the source article at Gold, Precious Metals News Wire

Bridgestone, Goodyear, Hankook, Michelin earn GM supplier honors

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DETROIT — General Motors Co. has named Bridgestone Americas Inc., Goodyear, Hankook Tire America Corp. and Michelin North America suppliers of the year for 2018.

The four tire makers are among 133 suppliers to earn the recognition, which GM presented recently in Detroit during its 27th annual Supplier of the Year awards ceremony.

GM selected suppliers from 15 countries to receive the award for going “above and beyond GM’s requirements,” providing customers with the most innovative technologies and delivering quality vehicles.

Read the source article at Tire Business

Toyoda Gosei to set up engineering, sales office in U.S.

KIYOSU, Japan—Automotive supplier Toyoda Gosei Co. Ltd. is planning to establish a satellite engineering and sales office in Dublin, Ohio, to speed up its product development process in the U.S.

The office will serve as a regional headquarters for Toyoda Gosei North America Corp., which is based in Troy, Michigan. Certain functions, including design and sales of interior products and airbags, will be relocated from TGNA’s head office in Troy to the Dublin unit, which is set for operation in July.

Read the source article at Rubber and Plastics News

GM Merger With Ford Looks More Likely

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Fiat Chrysler Automobiles proposed a merger with Renault that would create the world’s third-largest carmaker. The eroding economics of the industry make such deal more likely by the day. Deep trouble at Ford Motor and General Motors’ need for more heft to compete with rivals Toyota and Volkswagen make a marriage between the two largest car companies increasingly probable. 

Fiat Chrysler argues that a tie-up with Renault will lead to $5.5 billion in savings. As car sales have flattened in the United States and started to drop in China, the two largest markets in the world offer less hope for revenue improvement. Neither company has much of a sales footprint in China. Renault has none at all. Both have a strong market share in Europe, but it is one of the most competitive markets in the world. At the low end of the market, VW is the dominant force. At the high end, it is BMW and Mercedes.

Read the source article at MSN.com

Falken targets CUVs for opportunities, growth

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VENCE, France — With sales of crossover utility vehicles (CUVs) surging in North America, Sumitomo Rubber North America Inc. (SRNA) is evolving its Falken-brand tire lineup to serve customers in this segment more effectively.

The aim is to get a step ahead of the competition and offer tires targeted at a market segment that to date, according to Falken, is underserved by the tire industry.

Read the source article at Tire Business

U.S.-EU talks struggle, threatening a new front in trade war

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European Commission President Jean-Claude Juncker struck a Rose Garden truce meant to clear the way for negotiations to reduce tariffs on industrial goods and eliminate regulatory hurdles, those talks are showing few signs of going anywhere meaningful. European officials have blamed a Trump administration that has had little time for dealing with a bureaucracy in Brussels already held in low regard by many in the U.S. president’s orbit.

Read the source article at Automotive News Europe