Unique Fabricating, Inc. Reports Second Quarter 2018 Financial Results

AUBURN HILLS, Mich.Aug. 9, 2018 /PRNewswire/ — Unique Fabricating, Inc. (“Unique” or the “Company”)(NYSE MKT: UFAB), which engineers and manufactures multi-material foam, rubber, and plastic components utilized in noise, vibration and harshness management and air/water sealing applications for the automotive and industrial appliance market, today announced its financial results for the second quarter ended July 1, 2018.

 

Read the source article at PR Newswire

North West Rubber to open Manufacturing Facility in Houston, Texas in 2019

VANCOUVER, June 8, 2018 /CNW/ – North West Rubber Ltd, a leading manufacturer and distributor of recycled rubber solutions in North America, is pleased to announce that it will be opening a recycled rubber mat manufacturing facility in Houston, Texas in 2019.

Read the source article at North West Rubber

Tudertechnica spending $8 million to expand plant

curata__uhxVdYs0UZfgBRH.jpeg

MARCO ISLAND, Fla. – Specialty hose manufacturer Tubigomma Deregibus is spending $8 million to add 40,000 square feet to its Padua, Italy, factory, a project that will include a clean room for silicone hose.

Read the source article at Rubber and Plastics News

Michelin to Acquire Fenner in Cash Deal

curata__HFerbXzryMmBkc5.png

The Michelin Group announced that it intends to acquire Fenner PLC, a manufacturer of conveyor belt solutions and reinforced polymer products for the mining and industrial markets.

Headquartered in Hessle, United Kingdom, Fenner has two divisions: an engineered conveyor solutions division (ECS), which is the second largest producer of heavy conveyor belts and a player in the heavy and complex conveyor belt solution market; and an advanced engineered product (AEP) division, responsible for polymer-engineered products. Fenner identifies, designs and manufactures polymer products for niche markets around the world. Its total annual revenues amounted to £655 million ($9.16 million).

The …

Read the source article at Tire Review

BASF pushes lightweighting solutions to suppliers, auto makers

curata__13NEah7tbpQMlFd.jpeg

DETROIT—BASF Corp. was showing off flooring material for vehicles that it called a lightweight, low-cost solution for auto makers.

BASF supplied the chemistry for the piece, which is manufactured by German supplier Koller Beteiligungs GmbH.

“It’s a lightweight, low-cost solution for automotive applications for any type of load floor or hatchback or sunshade type applications,” said Jeffrey Hagar, market segment manager for BASF.

Hagar said the part is corrugated honeycomb composite sandwiched between non-woven fiberglass.

Read the source article at Rubber and Plastics News

The US Rubber Industry Challenging Times

curata__JtXOwihf4m2muYX.jpeg

The might of the US rubber industry over the years has grown by leaps and bounds. Changing with the times, the region continues to be a major force in terms of rubber and tyre consumption apart from being a major producer and consumer of synthetic rubber (SR), a host of speciality rubber chemicals and home to a booming US$130 billion medical devices market, the largest in the world. The region is also fiercely competitive in all aspects of the wider tyre market — passenger car tyres, truck and bus tyres, agricultural tyres and OTR tyres.

The United States’ rubber industry has an eventful past, a pulsating present and a challenging future. During the late 19th century, Ohio emerged as the leader of rubber production in the United States. Numerous rubber companies 

Read the source article at Rubber Asia

ARPM names Chris Denick to board of directors

curata__HMnL3Qmz2kgNOnG.jpeg

INDIANAPOLIS—The Association for Rubber Products Manufacturers appointed Chris Denick, president of rubber products group for HBD/Thermoid, as a member of its board of directors.

Read the source article at Rubber and Plastics News

Conti sees improved outlook for materials costs

curata__DohdlURt3WccQDh.jpeg

Hanover, Germany – Continental AG’s Rubber Group, which includes Tire Division and ContiTech, has reduced its estimates for the negative impact of rising raw materials prices in 2017.

In its recently-published third quarter results, Continental said it was lowering forecast for the average price of natural rubber (TSR 20) this year from $1.90/kg to $1.70/kg.

Read the source article at European Rubber Journal

Bridgestone Leadership Shuffle: Vasuta, Harmon Take New Roles

curata__Mecwe8Rvq0Dxll4.png

After three years as president of Bridgestone Americas’s GCR Tires & Sales, the company’s commercial tire and service business, John Vasuta returns to Firestone Building Products (FSBP), promoted to Global Sales Leader effective Nov. 1.

Prior to leading the GCR Tire & Service team, Vasuta spent nine years at FSBP in various management roles, including general counsel and vice president of administration, vice president of strategic planning and corporate development, and vice president and managing director of international operations.

“John has a proven track record of driving growth and a strong background in international operations and strategy,” said FSBP president …

Read the source article at Tire Review

GRI Debuts Industrial Wide Tread Solid Tire

curata__FioNPZFnH2ldiN1.jpeg

After the release of GRI’s Globestar tire in 2002, the company has decided to follow up one of their most popular tires with its new Globestar Wide Tread (WT) solid tire.

The tire was created to fit the needs of growing market demand for a wider industrial tire.

Read the source article at Tire Review