NAFTA is sinking, and Canada needs a lifeboat

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There was zero progress at the North American free-trade agreement renegotiations in Mexico this week. In fact, the talks took a decidedly backward step, with the United States refusing to move off its red-line positions, something that was predictable given the updated negotiating objectives released by the U.S. Trade Representative ahead of this week’s session.

This is an “America First” administration, after all, with no interest in accommodation, increasing the likelihood of eventual U.S. withdrawal from the agreement, an action that President Donald Trump has repeatedly threatened, in spite of intensifying business and political pressures to the contrary.

Given that gloomy prospect, let’s look at how things could unfold over the next while, bearing in mind that things are fluid and the situation could change.

First, the negotiations could soon end, even ahead of the 2018 deadline, either with 

Read the source article at Home – The Globe and Mail

Conti sees improved outlook for materials costs

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Hanover, Germany – Continental AG’s Rubber Group, which includes Tire Division and ContiTech, has reduced its estimates for the negative impact of rising raw materials prices in 2017.

In its recently-published third quarter results, Continental said it was lowering forecast for the average price of natural rubber (TSR 20) this year from $1.90/kg to $1.70/kg.

Read the source article at European Rubber Journal

Mitsubishi Materials says units falsified product data for cars

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TOKYO — Mitsubishi Materials said its subsidiaries falsified data about products, including parts for cars and aircraft, for at least a year, the latest in a series of quality assurance scandals involving Japanese manufacturers. The company said an investigation in the wake of a data-falsification scandal involving joint venture partner Kobe Steel found that Mitsubishi Cable Industries had inappropriately distorted data for rubber sealing products, used in cars and aircraft.

Read the source article at Automotive News Europe

Malaysia: Sabah To Introduce Rubberised Roads To Address Low Rubber Price

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KOTA KINABALU, Nov 22 (Bernama) — The Sabah government will introduce the use of rubber in paving roads and ‘green tyres’ as a long-term strategy to address the issue of low rubber prices, said Deputy Chief Minister Datuk Seri Yahya Hussin.

Yahya, who is also Sabah Agriculture and Food Industry Minister, said the move was also seen as potentially boosting rubber demand in the country as well as reducing exports to international markets, thereby shoring up flagging prices of the commodity in the future.

“The drop in rubber prices in the international market is due to the slowdown in world economic growth and the government is very concerned with the situation as it affects the income of smallholders and rubber tappers,” he said in reply to a question from Datuk Joniston Bangkuai (BN-Kiulu) at the state assembly sitting here today.

Read the source article at Global Rubber Markets News

TIP study concludes tire particles safe for human beings

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San Francisco, California – Tire and road wear particles (TRWP) do not pose a threat to human health, according to findings released by the Tire Industry Project (TIP) during its biennial meeting in San Francisco  on 17 Nov.

TIP, which is backed by leading tire makers and operates under the umbrella of the World Business Council for Sustainable Development (WBCSD), said extensive ambient air testing had been carried out in major cities of Los Angeles, London, Tokyo and Delhi.

Read the source article at European Rubber Journal

Pirelli adopts sustainable NR supply policy

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MILAN — Pirelli & C. S.p.A. has adopted a 12-step sustainable natural rubber supply-chain policy that it considers essential to preserve forests and biodiversity and to allow long-lasting development for local communities and economies.

Read the source article at Tire Business

Rubber, bamboo research centres to be set up in India’s northeast

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Agartala: The National Institute of Technology, Agartala, (NITA) has initiated to set up rubber and bamboo research centres to boost industries and employment in the northeastern region, a top official said here on Saturday. “As Tripura is the second largest rubber producer in India, after Kerala, a viable rubber research centre can be set up in the NITA to boost the rubber cultivation, industries and employment,” NITA Director Ajoy Kumar Roy told the media.

Read the source article at gulfnews.com

Cabot boss expects “solid growth” in American tire market

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Boston, Massachusetts – Cabot Corp. expects to see “solid growth” in the North American tire sector due to ‘long-term fundamentals’ of the market, according to company CEO Sean Keohane.

In a full-year results conference call on 2 Nov, Keohane said tire-plant investments were ramping up in North America with “a shift towards more local production that will support growth rates in that range.”

Read the source article at European Rubber Journal

Haydale, Artis, Trelleborg target plasma rCB

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Ammanford, UK –Technology companies Haydale and Artis have linked up with Trelleborg Antivibration Solutions to investigate plasma-functionalisation of recovered carbon black (dCB) from scrap tires.

During a two-year study, the partners will examine if Haydale’s patented plasma technology can effectively enhance rCB materials to enable their reuse in engineering rubber applications.

Read the source article at European Rubber Journal

Natural rubber market struggles

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The natural rubber market is anticipated to continue struggling due to plunging prices, according to the Association of Natural Rubber Producing Countries (ANRPC). A worker of Cu Mgar Rubber Company harvests latex. At its 10th annual meeting in HCM City on Monday, ARNPC said the global natural rubber market has been facing difficulties since 2012.

Read the source article at Global Rubber Markets News