Smithers Rapra Report: The Future of Green Tires to 2023

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TRAC Members receive 15 per cent discount on all rubber industry market reports produced by Smithers Rapra.

A “green tire” is defined as a tire optimised for low rolling resistance, using materials – especially elastomers – that are from renewable (sustainable) materials.

What methodology is used?

The data and information for this report were gathered using a combination of primary and secondary research. Primary research consisted of interviews with specialists, including fuel companies, tire fillers, raw material suppliers and additive suppliers. Secondary research consisted of a review of published material, conference proceedings and information from organisations and companies involved in the production, supply and use of tires and their ingredients. These data were analysed to provide estimates and forecasts for the tire markets by end-use sector, type and region.

What will you discover?

  • Identify and examine current and emerging sustainable technologies for tires, including materials used, production processes and recycling or disposing of end-of-life tires
  • Learn about commercial and automotive vehicle tires, as well as other niche markets
  • Understand global trends, and factors that may affect the industry
  • Find out about cutting-edge technology developments

 

 

Read the source article at smithersrapra.com

Cooper Tire: Earnings affected by tax reform in 2017

Cooper Tire & Rubber Company has reported full year 2017 net income of US$95 million, or diluted earnings per share of $1.81, a 61.7 reduction on the $248 million earned the year before. Income was affected by tax reform in the USA; the tyre maker states that excluding these discrete tax items, earnings per share would have amounted to $3.10.

Read the source article at Tyrepress

Sumitomo Rubber Industries reports strong growth in Europe

In the past financial year, Sumitomo Rubber Industries (SRI) significantly increased its sales revenue, and the company’s European business played its part in achieving this result. Overall sales rose 16.0 per cent to 756.70 billion yen (£5.1 billion).

Read the source article at Tyrepress

Global new car sales: the key trends and what they mean for the future

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In a world characterised by political uncertainties, the automotive industry provides one global constant – the onward march of China’s new car market. China overtook the US as the world’s biggest car market in 2010 and last year consolidated that position with 25.7 million cars sold – that’s eight million more than the US.

Read the source article at Autocar

Synthetic rubber producer Arlanxeo proposes tire sealant material

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HANNOVER, Germany — Synthetic rubber producer Arlanxeo Performance Elastomers has developed an elastomer compound that it claims seals punctures, making it ideal for use in self-sealing tires. Arlanxeo — a joint venture of Germany\’s Lanxess A.G. and Saudi Aramco of Saudi Arabia — did not disclose specifics as to the type of elastomer nor say…

Read the source article at Global Rubber Markets News

Toyo Tire & Rubber Co. to Change its Name

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Toyo Tire & Rubber Co.’s board of directors passed a resolution to change the company’s name to Toyo Tire Corporation, effective January 2019.

The company said the name change reflects its increasing focus on “mobility” at its core field of business, according to a press release on Supplier Insight.

Tyrepress reported that the company’s new name must be approved as a partial amendment to the firm’s Articles of Incorporation at its shareholders meeting March 29.

Read the source article at Tire Review

Bridgestone Collaborating with NRGene on Guayule Research

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NASHVILLE, Tenn., Feb. 19, 2018 /PRNewswire/ — Bridgestone Americas (Bridgestone) and NRGene, a genomic big data solutions company, are collaborating on research efforts to enhance the company’s U.S. alternative domestic natural rubber breeding program. They will be working in tandem to…

Read the source article at PR Newswire

Pearl Global plans its first tire production plant after government approvals

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Pearl Global Limited has begun commissioning its first production plant after receiving Australia’s Queensland state government, environmental and council approvals for its unique process to convert waste tires into valuable secondary products.

Pearl Executive Chairman Gary Foster said, “This is a turning point for used tire processing in Australia. We are the first company in Australia to receive licenses for the thermal treatment of rubber, to reclaim and recover valuable products for resale.

Read the source article at Traction News

Maersk says to compete with UPS, Fedex as conglomerate breaks up

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COPENHAGEN (Reuters) – A.P. Moller-Maersk (CO:) plans to expand its transport and logistics business to compete directly with package delivery companies UPS (N:) and Fedex (N:) as part of a major restructuring, its chief executive said Tuesday.

Maersk, the world’s largest container shipping company, has sold off the majority of its energy assets to focus entirely on transport and logistics.

“We’re building this company that is a global integrated container business, a company very similar to UPS and Fedex,” CEO Soren Skou told investors at a capital markets day in Copenhagen on Tuesday.

The post Maersk says to compete with UPS, Fedex as conglomerate breaks up appeared first on Global Rubber Markets.

Read the source article at Global Rubber Markets News

Yokohama reports higher fiscal earnings, record sales

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TOKYO — Yokohama Rubber Co. Ltd. (YRC) reported higher earnings and record sales for fiscal 2017.

Operating income rose 22.7 percent to $463.4 million on 12.1-percent better sales of $5.96 billion, increasing the operating ratio three-fourths of a point to 7.8 percent.

Net income jumped 87.5 percent to $314.3 million.

Read the source article at Tire Business