Yokohama Rubber forecasts higher 2017 op profit despite soaring rubber prices

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Feb 20 Yokohama Rubber Co Ltd, Japan’s third-biggest tyre maker, on Monday forecast a 12 percent increase in 2017 operating profit despite soaring prices of natural rubber and other raw materials. Asia benchmark rubber futures on the Tokyo Commodity Exchange (TOCOM) hit their highest in more than five years late last month, boosted by Chinese […]

The post Yokohama Rubber forecasts higher 2017 op profit despite soaring rubber prices appeared first on Global Rubber Markets.

Read the source article at Global Rubber Markets News

United States Non Tire Rubber Industry 2016 Market Research Report

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The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Non Tire Rubber market analysis is provided for the United States markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and Bill of Materials cost structures are also analyzed. 

Read the source article at openPR.com

Study: Rubber turf doesn’t raise cancer risk

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OLYMPIA, Wash. (Feb. 10, 2017)— A newly issued analysis from the Washington State Department of Health (WSDOH) concluded there is no evidence that cancer rates among young athletes are increased by playing on crumb rubber athletic turf.

“We did not find the number of cancers among soccer players, select and premier players or goalkeepers reported to the project team to be higher than expected based on Washington cancer rates for people of the same ages,” said the executive summary of the analysis from the WSDOH.

A coalition of three synthetic turf associations — the Recycled Rubber Council (RRC), the Safe Fields Alliance and the Synthetic Turf Council — said they were pleased but not surprised by the results of the WSDOH analysis.

Read the source article at Tire Business

DOT issues 22 new tire factory codes in 2016

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WASHINGTON (Feb. 15, 2017) — The U.S. Department of Transportation issued 22 new DOT plant identification codes in the past year for tire factories worldwide, including 14 for plants in China.

Tire manufacturers wishing to sell tires intended for use on U.S. roadways must have a DOT code for each plant, and that code must be molded into the sidewalls of each such tire.

Of the new codes issued, only one—for Yokohama Tire Corp.’s truck tire plant in West Point, Miss.—is in North America.

Read the source article at Tire Business

Conti Increasing Truck Tire Prices

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Continental Tire the Americas will increase the prices of its Continental, General and AmeriSteel brand truck tires by up to 8% in the U.S. and Canada, effective March 1.

According to the tiremaker, the increase is due to the rising cost of of raw materials, as well as energy and logistics costs associated with the production and distribution of radial truck tires.

Read the source article at Tire Review

Michelin publishes 2016 financial information

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Michelin reports having met its financial objectives in 2016 and its chief executive officer considers the year “a successful milestone in our strategic roadmap.” The tyre maker’s sales volumes increased 2.1 per cent during the year, outperforming the market, and an increase in operating and net income was also recorded.

Read the source article at Tyrepress

Tire recycler Aliapur keeps a lid on costs

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Lyon, France – Amid all the price-rise announcement for new tires, French used tire collection and management company Aliapur has signalled some stability, at least in the recycling arena.

For 2017, Aliapur has announced that the ‘eco-contribution’ will remain unchanged for all categories of tires. The levy, therefore, remains at €1.25 for all passenger car tires, which account for two thirds of the total annual collection.

Read the source article at European Rubber Journal

Boettcher named Camso president, CEO

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MAGOG, Québec (Feb. 8, 2017) — Camso Ltd. CEO Pierre Marcouiller is transitioning to a new role as executive chairman of the board, resulting in the promotion of former Continental A.G. executive Thomas Boettcher — hired in April 2016 as chief operating officer — to president and CEO.

In his new position, Mr. Marcouiller will focus on shaping the company’s long-term vision and growth opportunities.

In doing so he will work to ensure a strong future of the business, Camso said, helping to define Camso’s strategic orientations.

As such, Mr. Marcouiller will take part in business reviews and special projects and will be responsible for mergers and acquisitions. He has been CEO for 17 years.

Regarding his new position, Mr. Marcouiller said Camso’s “Road Free” corporate identity “is engrained in all of us. It’s how we think, how we act and work. It’s at the core of the Camso way of doing things.

“I will continue to embrace this amazing culture with all of our employees,” he added, “and work jointly with our new CEO to help create the next chapters of the Camso story.”

As president and CEO, Mr. Boettcher will define and guide the strategy of the company and align this with Camso operational teams, the company said.

“I take on this role with great enthusiasm and confidence, and start with a solid foundation from which we will elevate our offering to the market,” Mr. Boettcher said.

“We will continue providing the best products and services for the unique niche mobility needs of the off-the-road industry.”

Mr. Boettcher — who held executive positions in Continental’s industrial tire business for 18 years — joined the board of Camso’s predecessor company, Camoplast Solideal, in 2012.

The changes take effect April 1.

Magog-based Camso produces and distributes a range of indusrial off-road tires, wheels, rubber tracks and undercarriage systems for the materials-handling, construction, agricultural and powersports industries.

Read the source article at Tire Business

Tyre Derived Fuel reducing greenhouse gas emissions in Australia

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A new report prepared for Australian Tyre Recyclers Association (ATRA), “Carbon Value Proposition, Resource Recovery using Tyre Derived Fuels”, states that replacing one tonne of black coal with one tonne of TDF can save emissions of up to 1.05 tonnes of CO2-e into the atmosphere.

“This is good news for the environment when you consider the majority of used passenger and truck tyres in Australia are converted into a TDF and exported to high-end industrial facilities such as cement kilns and paper manufacturing plants in Japan and South Korea,” says ATRA Executive Officer Robert Kelman, adding:

“We could be using this fuel here and banking the greenhouse gas savings in Australia, after all there is no shortage of used passenger and truck tyres. The extremely high calorific value of TDF, makes it an attractive alternative fuel on an international scale and may ultimately be eligible domestically for energy efficiency or low emission credits”.

“Tyre-derived fuels address a challenging waste problem as well as providing a low carbon fuel at a cheaper rate than coal, even in Australia,” Jim Fairweather, CEO of Australia’s leading tyre recycler, Tyrecycle observed, continuing: “ATRA members export around 145,000 tonnes of TDF per year, which could increase further if a domestic market was established and greater access was given to tyres on mining sites and other tyre stockpiles”.

Read the source article at Tyrepress

Hankook seeks “top-tier” position with new technology centre

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For the Technical Centres feature in the Jan/Feb issue of European Rubber Journal magazine, Shahrzad Pourriahi Hankook Tire executive Hyun Bum Cho at the of the company’s new Technodome research centre in South Korea in October

The recently opened Hankook Technodome research centre represents a significant step forward for Korean tire maker Hankook’s R&D infrastructure, according to Hyun Bum Cho, president and chief corporate strategy & finance officer of Hankook Tire Worldwide.

Read the source article at European Rubber Journal