Apollo Introduces Apterra AT2 All-Terrain Tire

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Apollo Tyres has introduced its new all-terrain SUV tire, Apollo Apterra AT2, for the off-road enthusiasts.

The company says this all-terrain tire complements Apollo’s existing Apterra range including specialized highway luxury (HL), highway terrain (HT), high performance (HP) and the all-terrain (AT) tires for the SUVs.

Read the source article at Tire Review

GRI acquires Estonian tire, wheel distributor Nortire Group

COLOMBO, Sri Lanka — Global Rubber Industries Pvt. Ltd. has acquired Nortire Group A.S., an Estonia-based tire and wheel distributor, to help expand its distribution in Europe.

Read the source article at Tire Business

Camso’s Sri Lankan facility marks three years without an accident

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EKALA, Sri Lanka—Camso Group’s Ancillary Products Division reached a milestone of three consecutive years accident-free Aug. 23.

Read the source article at Rubber and Plastics News

Apollo creates commercial truck tire center in Thailand

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SONGKHLA, Thailand — Apollo Tyres Ltd. has enhanced its commercial truck tire business, inaugurating its first Apollo Truck Tyre Zone (ATTZ) in Thailand with retreader Ten Ten Auto Tyres.

Read the source article at Tire Business

Doublestar starts up scrap tire pyrolysis plant

Zhumadian, China – Doublestar has started up phase one of a scrap tire pyrolysis plant in Zhumadian, Henan province that is able to handle 100,000 tonne rubber or 10 million passenger car tires each year.

“The plant has been running smoothly for over a month,” said Doublestar Group chairman and general manager Chai Yongsen during his speech at the China Rubber Conference held in Guangzhou.

Read the source article at European Rubber Journal

Chinese tire makers brace for the new normal

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Beijing – China’s tire production and sales volume recorded the first drop over two decades in 2018, against the backdrop of the first global downturn for the automotive industry in the past ten years.

The first two months of 2019 saw an even sharper year-on-year decline in the China market, said Shen Jinrong, chairman and general manager of Zhongce Rubber, during her speech at the China Rubber Conference held in Guangzhou this March.

Read the source article at European Rubber Journal

Natural rubber prices slide as imports get cheaper

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India’s rubber imports from Malaysia alone grew by 16.7% in value terms to $29.7 million in 2018 in the last 10 years. By the Rubber Board’s provisional estimates, the production in 2018-2019 was 648,000 tonne, against 694,000 tonne in 2017-2018. After a brief spell of price recovery up to Rs 152 per kilo last month, […]

Read the source article at Global Rubber Markets News

Great opportunities for SR in advanced materials

The global SR industry continues to drive on growth of the automotive and tyre industries which are undergoing major transformations towards autonomous, electrical, connected, and shared mobility, which means more opportunities for advanced materials. Also in the medical sector, design of high-tech materials is also opening up, challenging opportunities for the SR industry.

Read the source article at Rubber Asia

LANXESS sells chrome chemicals business

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Specialty chemicals company LANXESS is selling its chrome chemicals business to Brother Enterprises, a Chinese leather chemicals producer. The transaction is still subject to approval by the relevant antitrust authorities. LANXESS expects to complete the planned transaction by the end of 2019.

Read the source article at Rubber Asia

Thai plant boosts Linglong profits

Yantai, Shandong – Linglong Tire’s first half net profit increased 38% year-on-year to €92 million (725 million yuan), on 15% higher revenue at €1.05 billion.

The company’s Thai plant, at the sixth year of its eight-year tax exemption period, generated €60 million net profit on €287 million revenue, said the tire maker in half year report released in August.

Read the source article at European Rubber Journal