New Minister Wind-Up Direction to OTS

As a result of the resolution of certain outstanding tax matters OTS has with the Canada Revenue Agency (CRA), the amount of surplus funds remaining once all liabilities associated with wind-up have been settled will be more significant than contemplated at the time of writing the Wind-Up Plan. On April 2nd, 2019 OTS was directed by Minister Phillips to revise the approach to managing these surplus funds to return them to tire consumers.

You can read the Minister’s Direction Letter here and the OTS reply here.

OTS will be consulting on options for complying with the Minister’s Direction. Details on consultation opportunities are being developed and will be posted here.

Read the source article at Rethink Tires

Canadian Association of Tire Recycling Agencies issues 2018 Annual Report

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CATRA is pleased to announce the publishing of its 2018 Annual Report.

The report features significant member achievements both in 2018 and cumulatively since the inception of their programs.

Building on our 2018 successes, 2019 is set to be another year of achievement and growth – full of opportunities for CATRA to support its members as they work closely with their respective governments to carry out their environmental and economic responsibilities.

The 2018 report is available on CATRA’s website in both English and French.

Read the source article at CATRA

Micronized Rubber Powder Market Production Analysis and Demand 2019

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Global Micronized Rubber Powder market size will increase to 55 Million US$ by 2025, from 37 Million US$ in 2018, at a CAGR of 5.9% during the forecast period.

Read the source article at The Market Research News

Scrap Tire Conference set for Dec. 4-5

GREENVILLE, S.C. — The Scrap Tire Research and Education Foundation will host its 8th Biennial Scrap Tire Conference for Dec. 4-5 in Greenville.

Read the source article at Tire Business

Global reclaim rubber market poised to surge ahead

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Reclaim rubber is widely recognised as the third source of rubber after natural rubber and synthetic rubber. According to experts, reclaimed rubber use is expected to grow slightly faster than that of natural rubber and synthetic rubber in the future, thanks to its increasing applications in various end-use industries, unique properties such as excellent versatility and durability, easy availability of raw material, reduced processing costs, and little negative impact on the environment.

The increasing use of reclaim rubber in various industrial applications such as automotive and aircraft tyres, footwear, cycle tyres, molded rubber goods, belts and hoses …

Read the source article at Rubber Asia

Continental Introduces New Compound for RDT-Master for Rigid Dump Trucks

Continental is further extending its tire portfolio for the earthmoving industry with the launch of a new compound for its RDT-Master for use on rigid dump trucks.

The cut-resistant compound was developed for rough and abrasive applications where tires have to withstand sharp gravel, rocks and stones.

Read the source article at Tire Review

Tire & Rubber Summit 2019 Will Focus on New Technologies

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CAMBRIDGE, Ontario, Canada; March 7, 2019 — The Tire and Rubber Association of Canada (www.tracanada.ca ) announces dates for its upcoming Tire & Rubber Summit 2019. This unique and important event will take place on June 11 & 12, 2019 in Toronto.

This Summit will explore the tire and rubber industry’s advances in technology, innovation, regulation and economics through the insights from executives in rubber companies, non-tire manufacturers, rubber compounders, suppliers, auxiliary businesses, and regulators who will discuss rubber industry issues from uniquely Canadian perspective.

Driving to the Future

The focus of the Summit will be on the speed of technological advancements in the tire and automotive industries and their effect on product development, manufacturing processes, and other business aspects.

“This is a unique event in the tire and rubber industry,” says Glenn Maidment, President, TRAC. “When it comes to technology, industries across the globe are living through some very exciting times; and our 2019 Summit will discuss the technologies that are changing how rubber manufacturers do business today and tomorrow: autonomous vehicles, artificial intelligence, machine learning and others.” 

The event will bring together industry professionals and expert panelists to discuss the technologies that reverberate throughout the industry. All the expertise comes from executives in rubber companies, non-tire manufacturers, rubber compounders, suppliers, auxiliary businesses, and regulators who together will discuss rubber industry issues from uniquely Canadian perspective.

Find out more about this distinctive industry event @: http://bit.ly/TRS-2019.

About the Tire and Rubber Association of Canada

Founded in 1920, the Tire and Rubber Association of Canada (TRAC; www.tracanada.ca) is a cornerstone of the national rubber manufacturing industry, serving tire makers, rubber products manufacturers and importers as well as rubber recyclers and suppliers of goods and services related to the industry. Over the past century, TRAC has accumulated a wealth of knowledge and became one of the most respected industry organizations worldwide.

 

Media Contact: Michal Majernik, Email: mmajernik@tracanada.ca, Phone: 519.249.0366

TRAC: www.tracanada.ca; www.betiresmart.ca;Twitter: @TRAC_News

Read the source article at Home – Rubber Association of Canada

Tirecycle technology attracts industry attention

MINNEAPOLIS—The rubber industry’s drive toward sustainability and green technology is drawing favorable attention to NorthStar Elastomers L.L.C.’s patented Tirecycle technology, according to executives of the Minneapolis-based company.

“There’s a lot more activity surrounding Tirecycle,” said Jim Judson, director of sales for NorthStar. “The attractiveness of recycled materials has grown a lot recently, but especially in Europe, where the emphasis on green manufacturing and sustainability is driven by regulations within the European Union.”

Read the source article at Rubber and Plastics News

Tire Derived Fuel Market to Undertake Strapping Growth 2018 – 2026

2026 Albany, NY — ( SBWIRE ) — 02/17/2019 — Tire derived Fuel Market – Snapshot Tire-derived fuel (TDF) is fuel derived from all kinds of scrap tires. It may include whole tires or tires processed into uniform, flowable pieces that satisfy specifications of end-users.

Read the source article at SBWire

Arkansas legislature considers OTR tire recycling bill

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LITTLE ROCK, Ark.—The Arkansas legislature is considering a bill that would facilitate the recycling of off-the-road tires in the state.

Read the source article at Rubber and Plastics News