Agricultural Rubber Track Market to See Major Growth in Future: Soucy, Mattracks, Zuidberg, Bridgestone Industrial, Eurotrack

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Edison, NJ — (SBWIRE) — 02/16/2019 — A new business intelligence report released by Advance Market Analytics with title “Global Agricultural Rubber Track Market Insights, Forecast to 2025” has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy.

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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

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Tiremakers crumbling under car industry slump

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By Nam Hyun-woo Hankook Tire CEO Cho Hyun-bum Domestic tiremakers were hit hard by the backpedaling in the global car market, with the top three companies each posting reduced 2018 earnings, their reports showed Friday. Hankook Tire , logged 703. 7 billion won ( $623.8 million ) in operating profit last year, down 11. 3 percent from a year earlier Sales also declined by 03 percent to 68 trillion won during the same period.

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Reports: Kumho “struggling” to find CEO

Kumho Tire has been struggling appoint new company leadership after its previous chairman left following Doublestar’s purchase of the company.

According to Kumho Tire, the company will not appoint a new chairman at its pre-scheduled March shareholders meeting. Vice president Jeon Dae-jin will continue as the acting CEO in the interim.

Local news reports cite Kumho insiders as saying that Doublestar is working on finding a suitable candidate, but is “struggling” to find someone with the right combination of skill. According to the reports, in December Doublestar offered the role to former Korea Development Bank (KDB) senior vice president Lee Dae-hyun, but he declined following opposition from Kumho Tire’s union.

Read the source article at Tyrepress

Michelin shares surge after tyre maker pledges higher profits in 2019

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Shares in Michelin, which also reported better-than-expected results for 2018 late on Monday, were up 7.5 percent in early session trading. The stock was the best performer on France’s benchmark CAC-40 index.

“Michelin is able to sustain premium price points, while concurrently gaining market share – this is the perfect recipe for earnings growth,” analysts at Citigroup wrote in a note, keeping a “buy” rating on Michelin shares.

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Smithers Rapra experts to speak on EV tires and silica tread compounds

At Tire Technology Expo Conference next month Smithers Rapra’s Bruce Lambillotte, VP of technical consulting, and Dr Dustin Jenkins, senior analytical chemist, will speak on two prevalent topics.

Lambillotte will present ‘The Impact of Electric Vehicles on Tires to YR2028’ at 11:10am on March 5. This session on the first day of the expo will review a recent Smithers market report that addresses how the growing electric vehicle market and changing mobility trends will affect the many aspects of tire performance.

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.

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LANXESS, Arkema Rubber Processing Chemicals Market to Cross US $5.31bn by 2025 : Basf, Solvay, AkzoNobel , Eastman Chemical Company and 5 Other Companies Profile

Sellbyville, DE — (SBWIRE) — 01/31/2019 — Rubber Processing Chemicals Market was more than USD 3.5 billion in 2017 and will forecast to exceed USD 5.3 billion by 2025 with 4.9% CAGR during the forecast timespan 2018 – 2025 ; according to a new research report by Global Market Insights.

Asia Pacific created a major chunk of product demand in past and it is likely to grow with highest growth rate over the forecast timeframe. This can be attributed to the presence of major automobile manufacturers in this region. According to the recent OICA reports, more than 50% of global vehicles…

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Continental expects first-half dip in automotive markets

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HANOVER, Germany — Continental A.G. is bracing itself for a rough first half of 2019 as it expects a slowdown in vehicle production in the last few months of 2018 to continue throughout the first half of 2019.

Read the source article at Tire Business