Evonik starts up US tire-silicas plant

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Essen, Germany – Evonik Industries has started up a precipitated silica plant for the tire industry in South Carolina, the company announced 17 Oct.

The $120-million investment, it said, is in response to the high demand from the tire industry for precipitated silica in North America. It has created over 40 new jobs.

Read the source article at European Rubber Journal

China Tire Industry report – October

This is the latest summary of our analysis of China’s tire industry. We publish a weekly report on the tire industry in China. It is the only English-language source of information for those who want to keep up-to-date with commercial, legislative, policy and recycling developments in the tire industry in China. Since this was distributed to our

 

 

Read the source article at tireindustryresearch.com

Tire industry should prepare to adapt to automotive trends

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Akron, Ohio – The tire industry needs to continue to adapt as autonomous and electric vehicles become more popular, according to Jim Popio, vice president of operations in North America for Smithers Rapra.

Popio focused on developments driven in the automotive industry by ACES, or autonomous, connected, electric and shared vehicles in his presentation at the International Tire Exhibition & Conference in Akron 11-13 Sept.

Jim Popio, vice president of operations in North America for…

Read the source article at European Rubber Journal

ITEC speakers urge companies to think green

AKRON–Green business and economic practices, encompassing both manufacturing and recycling, are crucial to the continuing health and viability of the tire industry, speakers said at the International Tire Exhibition & Conference.

Read the source article at Rubber and Plastics News

American Tire Distributors Files For Voluntary Chapter 11 Reorganization

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American Tire Distributors Inc. (ATD) has entered into a definitive agreement with approximately 75 percent of its bondholders on the terms of a recapitalization that would reduce the company’s debt by approximately $1.1 billion and increase its financial flexibility as it continues its ongoing transformation. The terms of the agreement are substantially similar to those contemplated by the agreement in principle the company previously announced on Sept. 4.

Read the source article at Aftermarket News

Traction Summit Reminder: Standard Rate Expires Today

The Standard Rate for the 2018 Traction Summit expires today. Don’t miss your opportunity to hear the latest opportunities and challenges for the tire industry, in this new, disruptive age; build relationships, learn about next steps, and much more. 

 

Read the source article at tractionsummit.com

ATD’s TireBuyer launches new identity, enhanced site

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KIRKLAND, Wash. — TireBuyer.com, American Tire Distributor Inc.’s (ATD) online tire sales platform, has unveiled a new brand identity that it says features several improvements that will enhance the shopping experience for consumers.

The enhancements include a new product recommendation engine, easy search tools, proprietary fitments, seasonal updates and deals and enhanced mobile compatibility for shoppers in a hurry.

Read the source article at Tire Business

TST on a roll with intelligent tire machinery

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TST is on a roll. Adapting to the latest revolutionary trend of Industry 4.0 in tire manufacturing, this trend-setting Chinese tire machinery major is forging ahead developing automation, intelligent and informational tire equipment and internationally advanced intelligent tire production equipment and production workshops in a bid to stay as a front runner in the global tire machinery industry

Read the source article at Rubber Asia

Bridgestone appoints Ulf Harring as chief operating officer EMEA

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Ulf Harring has been appointed chief operating officer of the EMEA region at Bridgestone.

The Swedish national has extensive experience in a number of areas within the tire business. In his new role, Harring is responsible for manufacturing, logistics and supply chain management, procurement, quality, environment, health and safety, and IT.

Read the source article at Tire Technology International

Japanese firms dealing with Russia feel little impact from U.S. sanctions: Sumitomo

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VLADIVOSTOK, Russia (Reuters) – Japanese firms dealing with Russia were experiencing little impact from U.S. sanctions on Moscow, but it was possible that they may also be sanctioned by the United States, the managing executive officer of Sumitomo Corporation said on Tuesday.

“At this moment we are not that affected,” Hideki Yamano told Reuters on the sidelines of the Eastern Economic Forum at the Russian Far East port of Vladivostok.

Asked if future projects by Japanese firms might be hurt because of the U.S. sanctions, Yamano said it was possible.

“We are closely monitoring the development (with the new sanctions,” he said.

Read the source article at Global Rubber Markets News