Bridgestone monitoring Coronavirus closely

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Brussels – Bridgestone Corp. is monitoring the spread of deadly Coronavirus closely and will taken necessary steps “as things progress”, the company said in a written statement 10 Feb.

The Japanese tire maker said its operations or personnel in the region had not been impacted by the outbreak of the virus, which has claimed more than 900 lives, mainly in China.

Read the source article at European Rubber Journal

ANALYSIS: CoronaVirus and the tire industry in China

People have been asking me what is going on in China in the context of the CoronaVirus outbreak, and what the implications are in the short term and the mid-term for the global tire industry. Much of the following has already been reported in our weekly newsletters on China’s tire industry.

Read the source article at tireindustryresearch.com

China tire maker reports on impact of Coronavirus outbreak

Beijing – A major Chinese tire manufacturer has updated ERJ about the impact of the Coronavirus outbreak on the company’s operations in the country.

A handful of overseas clients have already shifted their orders from tire makers in China to those based in southeast Asia and Europe, according to a senior executive at Huasheng Rubber.

Read the source article at European Rubber Journal

There is still a chance for rubber to continue to explore long-term rubber

The epidemic has no major impact on upstream rubber production. Domestic production areas are in the cut-off season, and major overseas production areas in Thailand and Indonesia have not yet spread the epidemic on a large scale. However, the number of confirmed cases in Thailand has increased in recent days, and trade with China has also […]

Read the source article at Global Rubber Markets News

Evolution of all-season and winter tire technologies outlined in new report from Smithers

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Important trends and technologies in all-season and winter tires are detailed in a market report recently released by Smithers. All-Season vs Winter Tires to 2024: A State-of-the-Art Report (Members of TRAC receive 15 per cent discount on all rubber industry market reports produced by Smithers) assesses the key technologies, materials and market drivers that enable tire performance in these two critical product segments, including regulatory, end-use (passenger cars and light trucks) and regional outlooks. 

In terms of performance, several technologies account for the differences in all-season vs. winter tires, including materials, physical design, noise control technologies, processing, and modeling/simulation.

These technologies are ranked and detailed in the state-of-the-art report.

Region differences

The large temperate climate regions of the US and China make all-season tires a standard for most areas except for the northern most regions. Even in many of those areas, and in parts of southern Canada, all-season tires have a high market share, and season-specific tires are less important. This is in contrast to regulatory requirements in Europe and in severe winter weather provinces in Canada where laws or incentives have led to the market bifurcation between summer tires and winter tires.

The role of fuel economy standards

The most important regulatory driver for all-season tires is the OEM vehicle fuel economy standards. These standards are increasing for vehicle OEMs in the EU, Japan, China and North America. Targets for the EU and Japan in the 2025 time frame are rising to over 60 mpg. Originally, US CAFE standards were scheduled to increase to 54.5 mpg in 2025 for passenger cars and 47 mpg as a fleet average, but the standards have been revised downward to 44 mpg and 47 mpg as a fleet average.

The US vehicle market is moving dramatically toward fewer fuel-efficient SUVs/light trucks, which now make up 55% of light duty vehicle sales, even though the US has fuel economy improvements to make to reach new targets. Because tires contribute directly to vehicle fuel economy, automakers will prioritize low-rolling resistance all-season tires in the US for fuel economy gains. In other regions, higher fuel economy standards will drive toward super low-rolling resistance tires.

Winter tire regulation

Europe leads in winter tire regulation, with Germany’s winter tire mandate leading the way. Other EU countries have their own regulations, but because travel among countries is prolific, most consumers use winter tires. In North America, the US does not have a winter tire regulation, and demand for winter tires is concentrated in the northern states. Only in Quebec, Canada, are strict winter tire requirements mandated.

In Asia, Japan’s winter liability laws have encouraged extensive winter tire adoption, while no regulation exists in China. Winter tires are designated by the Alpine snowflake 3MPSF and M+S designations. Winter tire performance is segmented between Nordic/high snow and ice conditions and more moderate Central European winter conditions.  

All-weather tires

All-weather tires are a new market development gaining interest in Europe; they have also been introduced in North America. They offer winter tire labelling with the Alpine snowflake 3MPSF and year-round performance. Market potential exists to expand the all-weather/four-season tire category in south Central Europe, the northern US, Japan and eventually China.

Climate change

Climate patterns over the past 50 years have shown increasing temperatures. This is especially important for the future of winter tires and, to some extent, all-season tires. Increasing temperatures have been significant in northern climates, such as the northern US, where the average temperature has increased over 5° Fahrenheit, putting more cities in moderate winter vs. severe winter climates. The temperature change has generally led to decreases in snowfall and increases in rain; these trends are projected to accelerate over time.  

The overall long-term trends mean winter tires will need to focus more on wet grip, grip on black ice films, and wet snow performance around freezing instead of heavy and dry snow with thick ice conditions at temperatures significantly below freezing.

A brochure on the All-Season vs Winter Tires to 2024: A State-of-the-Art Report is available at: https://www.smithers.com/services/market-reports/transportation/all-season-vs-winter-tires-to-2024.

Read the source article at Smithers

Capacity expansion drives up Triangle’s 2019 profits

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Weihai, Shandong – China’s tire maker Triangle estimates its unaudited net profit in 2019 will be €112 million (850 million yuan), up 76% from 2018.

Net profit less non-recurring items during the year will jump by 78% to €93 million, said a company announcement in January.

“New capacity and optimised product portfolio has generated good market results,” said the announcement.

Read the source article at European Rubber Journal

Cabot buys Chinese nanotube supplier for $115 million

On 6 January 2020, Cabot China Limited, a wholly owned subsidiary of Cabot Corporation agreed to buy Shenzhen Sanshun Nano New Materials Co., Ltd, a leading carbon nanotube (CNT) producer in China. The $115 million pricetag reportedly includes “liabilities and contingent payments”. According to the company, the move is designed to strengthen Cabot’s position in the high-growth batteries market, particularly in China, which is the largest and fastest growing electric vehicle market in the world.

Read the source article at Tyrepress

Global rubber demand to recover in 2020

KUALA LUMPUR, Malaysia — World demand for rubber is expected to grow 2.6% in 2020 after falling an estimated 1.5% last year from 2018, new figures from the International Rubber Study Group show.

Read the source article at Tire Business

Thailand aims to reduce rubber plantations, ramp up value of exports

BANGKOK, Dec 4 (Reuters) – Thailand’s cabinet has approved a 20-year plan to slash rubber plantations by 21% nationwide and increase the value of rubber exports by more than threefold, a government spokeswoman said on Wednesday.

 

Read the source article at reuters.com

China drafts rules to encourage tire recycling – Reuters

SHANGHAI (Reuters) – China will establish new specialist firms to re-use and recycle its spent rubber tires as it tries to tackle a mounting waste problem, the industry ministry said in new draft guidelines. The rules, part of China’s efforts to cut pollution and ensure its resources are “comprehensively utilized”, were published by the industry ministry on Wednesday and have been opened to the public for consultation.

Read the source article at reuters.com