BKT Approaches Business a Little Differently

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LAS VEGAS — It’s strikingly evident that Balkrishna Industries Ltd. (BKT) approaches business a little differently than most tire manufacturers.

Need a better quality of carbon black? No need to search the globe for a supplier. Build your own plant instead.

Hear concerns about a soft market for agriculture tires and other OTR products? No worries, invest heavily. …

Read the source article at Tire Business

ITRC moots exports curbs, again

The International Tripartite Rubber Council (ITRC) is planning another exports control to stabilise rubber prices, a Reuters report said. The council includes Thailand, Indonesia and Malaysia.

The ITRC said 2019 rubber production was expected to fall by 800,000 tonnes due to an outbreak of the Pestalotiopsis fungal disease, erratic weather conditions and sluggish tapping activities after a prolonged spell of low prices.

Read the source article at Rubber Asia

IISRP to Honor Dr Gary M Marsh

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The International Institute of Synthetic Rubber Producers (IISRP) will honor one of its outstanding technical leaders  Dr. Gary M. Marsh at its next Annual General Meeting (AGM). He will receive the prestigious Institute Technical Award. The Award will be presented during the 61st AGM of the IISRP in Bangkok, Thailand on May 12, 2020.

Read the source article at Rubber Asia

The global low rolling resistance tire market at a CAGR of over 10% during the forecast period

NEW YORK, Dec. 2, 2019 /PRNewswire/ — Global Low Rolling Resistance Tire Market: About this market This low rolling resistance tire market analysis considers sales from both aftermarket and OEMs end-users. Our study also finds the sales of low rolling resistance tire in APAC, Europe,…

Read the source article at PR Newswire

Bridgestone building ‘innovation park’ at former tire factory in Tokyo

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TOKYO—Bridgestone is building an “innovation park” as part of its strategy to transform into a global leader in advanced mobility and sustainability.

Read the source article at Rubber and Plastics News

Rubber parts makers invest in Central, Eastern Europe

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LONDON—Central and Eastern Europe continues to offer attractive locations for rubber product manufacturers, as evidenced by three interesting investment projects in the region.

Read the source article at Rubber and Plastics News

Pirelli to cut costs, ‘contain’ investment under new plan

Milan, Italy – Pirelli & C SpA is to reduce costs and contain investment under a 2020-2022 industrial plan, to be presented in the first quarter of next year.

As well as a continuing focus on the high-value segment, the plans will “bring significant reinforcement to the competitiveness of [the] business model,” Pirelli said in a third quarter financial report.

Read the source article at European Rubber Journal

Cooper appoints Ben Patel as CTO

Cooper Tire & Rubber Company has named Ben Patel as senior vice president and chief technology officer (CTO). In his new role, Patel is responsible for product planning and development, as well as engineering and technology across all regions. This means he leads a technology organization that includes a global technical centre as well as technical centres in Asia, Europe and North America.

Read the source article at Tyrepress

NR supply falls 7.3% in first seven months of 2019

Kuala Lumpur – The world production of natural rubber (NR) fell 7.3% year-on-year to 7.039 million tonnes during the first seven months of 2019, according to the preliminary estimates published by the Association of Natural Rubber Producing Countries (ANRPC).

Total product was hit by the outbreak of Pestalotiopsis leaf disease in the rubber producing states, with Indonesia estimating a 15% decline in annual output.

Read the source article at European Rubber Journal

Reuters poll: Trade truce unlikely in 2020 but U.S. recession fears recede – economists

BENGALURU (Reuters) – The U.S.-China trade war is unlikely to see a permanent truce over the coming year, and while concerns have eased over a U.S. recession, an economic rebound is also not expected any time soon, according to a Reuters poll of economists.

 

Read the source article at uk.reuters.com