Americas petrochemicals outlook, w/c March 11

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US olefins participants said there was more downward pricing pressure in the market as they await confirmation of the Westlake/Lotte chemical ethane cracker in Lake Charlies, Louisiana, coming online. Trade participants also said they expected Enterprise Products’ dehydrogenation unit in Mont Belvieu, Texas, to be back to normal operations this week. The company […]

Read the source article at Global Rubber Markets News

Trelleborg to start expansion project at Czech plant soon

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Trelleborg, Sweden – Trelleborg AB is set to start construction on an expansion plan at its tire production facility in Otrokovice, Czechia ‘shortly’, according to a company spokeswoman.

“We recently got approval from the local authorities to start building and the construction work will start within short,” communications manager Karin Larsson said in a 13 March statement to ERJ.

Read the source article at European Rubber Journal

Rubber fundamentals do not support bull market

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A few days ago, the China Association of Automobile Manufacturers released the data on China’s automobile production and sales and the economic operation of the automobile industry in February 2019. Due to the market downturn and holiday factors, the overall level of automobile production and sales in February was low. In February, the national automobile production and […]

Read the source article at Global Rubber Markets News

Huebner to build rubber products plant in Tennessee

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KASSEL, Germany—Automotive and industrial parts supplier Huebner Group is set to begin construction on an elastomeric products plant in Dunlap, Tenn.

Read the source article at Rubber and Plastics News

German industry to invest $68 billion in electric cars and automation

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Germany’s car industry is to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated driving, the head of the VDA car industry association said. Increasing the number of electric cars on the road is pivotal to reach ambitious goals in the European Union to reduce carbon dioxide emissions and requires the expansion of charging infrastructure, VDA President Bernhard Mattes said Saturday in a statement.

Read the source article at Front Page

Head of French carmaker PSA says Europe’s CO2 cuts will threaten jobs: Le Figaro | Reuters

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PARIS (Reuters) – The EU’s plans to slash carbon dioxide (CO2) emissions from vehicles and push carmakers to go electric will threaten 13 million jobs in Europe’s auto industry and benefit Asia, the head of French carmaker PSA told Le Figaro. The European Parliament and EU countries struck an agreement in December to cut emissions from cars by 37.5 percent by 2030, compared with 2021, and by 31 percent from vans.

Read the source article at reuters.com

Tire Technology Expo 2019 opens next week!

After setting new records in 2018, Tire Technology Expo is set to be another blockbuster when it returns to the Deutsche Messe in Hannover, Germany, March 5, 6, 7, 2019. With over 300 exhibitors and more square meters of exhibition space than ever before, next week’s show is shaping up to be the biggest and best yet.

Read the source article at Tire Technology International

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.

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Editor’s picks: 10 Tire Technology Conference presentations you can’t miss

Tire Technology International’s editor Matt Ross selects 10 speakers you can’t afford to miss at the upcoming Tire Technology Conference, which takes place at Tire Technology Expo Hannover, Germany, on March 5, 6, 7, 2019. Click here to view the full program and book your conference pass here.

Prof. Burkhard Wies, Continental – Physics of tire performance over lifetime: how to ensure best balance between safety and economy

Read the source article at Tire Technology International

Germany ready to buy company stakes to safeguard under-threat industry | Reuters

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BERLIN (Reuters) – Germany could take stakes in companies to prevent foreign takeovers in some key technology areas, Economy Minister Peter Altmaier said on Tuesday, presenting a new industrial strategy he said was necessary for the country’s cohesion. The pivot to a more defensive industrial policy is driven by German concerns about foreign – particularly Chinese – companies acquiring German know-how and eroding the manufacturing base on which much of Germany’s prosperity is built.

Read the source article at reuters.com