Report: OTR tire market to grow steadily

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Leatherhead, UK – The global market for off-the-road tires will enjoy a five-year compound annual growth rate of 4% by volume and 5.2% by value, according to a new report from Smithers Rapra.

“The Future of Off-the-Road Tires to 2022″ is Smithers’ critical analysis of the key factors shaping the global OTR tire market, the company said in a 24 July press release.

According to the report, more than 3.7 million tonnes of OTR tires will be sold worldwide in 2017, with a value of $24.8 billion…

Read the source article at European Rubber Journal

Newfoundland awards TDA contract

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ST. JOHN’S, Newfoundland—The Newfoundland Multi-Materials Stewardship Board has signed a contract with C&D Recycling of Goodwood, Nova Scotia, to process approximately 2,000 metric tons of scrap tires into tire-derived aggregate.

Read the source article at Rubber and Plastics News

Firestone Ag Hosts Nuffield International Farming Scholars

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Firestone Ag, a subsidiary of Bridgestone Americas, hosted 10 Nuffield International Farming Scholars at the Firestone Ag tire plant in Des Moines, Iowa, to provide a glimpse inside the tire manufacturing process.

The Nuffield International Farming Scholars is a global network of farmers that works to provide insight growth to members through leadership.

Read the source article at Tire Review

European tire markets could face further weakness

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LONDON—A second quarter reversal in European replacement tire markets could set a trend for the months ahead, according to Fazilet Cinaralp, secretary general of the European Tyre and Rubber Manufacturers’ Association.

Cinaralp was commenting on ETRMA’s latest quarterly figures, which showed significant quarter-on-quarter declines in member companies’ sales—reversing a positive trend observed earlier this year.

The data, published July 14, showed a sharp slowdown compared to the first three months of the year. The trend affected all segments, particularly consumer tires which came in 6 percent lower year-on-year at 46.6 million units. 

Second-quarter sales of truck tires, meanwhile, were down 1 percent on the firs

Read the source article at Rubber and Plastics News

Michelin Files Suit Against Tire Recappers

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Michelin North America has filed a lawsuit against Tire Recappers of Nashville, alleging the company infringed design patents for the BFGoodrich Mud-Terrain T/A KM2 and Michelin LTX M/S2 tires.

The lawsuit alleges that two Tire Recappers tire models — the Cross Grip M/T and the All Position Highway 2 — infringe Michelin’s U.S. Patent Nos. D530,266 and D639,235. Michelin filed the suit in the U.S. District Court for the Middle District of Tennessee in Nashville.

Read the source article at Tire Review

Giti Recalls Certain Primewell Valera Touring II Tires

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Giti Tire is recalling certain Primewell Valera Touring II replacement passenger car tires, sizes 185/65R14 86H, 195/60R15 88H, 205/55R16 91H, 205/60R16 92V, 215/60R17 96H, and 235/60R17 102T.

The affected tires may develop cracks in the lower sidewall, potentially resulting in a loss of air. A loss of air pressure may result in sudden tire failure, increasing the risk of a crash. Giti will notify owners, and dealers will replace the affected tires, free of charge.

Read the source article at Tire Review

Pirelli eyes Russian growth

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VORONEZH, Russia — Pirelli Tyre S.p.A. is considering expanding production capacity at the tire plant in Voronezh it acquired in 2010 if “market dynamics are positive,” Pirelli said recently.

Read the source article at Tire Business

New Jersey Unsafe Used Tire Legislature Goes to Governor

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New legislature that prohibits the sale of unsafe used tires in New Jersey has been sent to Gov. Chris Christie.

The bill (A 3896) would prohibit the sale of unsafe used tires that pose a risk to New Jersey motorists and impose a fine on a business that sells a tire that exhibits any one of several unsafe conditions such as worn-out tread, visible damage, or improper repairs.

Read the source article at Tire Review

Tire & Rubber Industry Rundown: European Rubber Journal

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Asia BD price drop… Nike sales… Clariant-Huntsman link-up… Michelin buys wine reviewer… Conti acquires… Eversafe Rubber… SKF sued ?… Firestone leak… UK down… Kumho limbo… Thai NR…

Read the source article at European Rubber Journal

Michelin extends tire building project in Nova Scotia, Canada

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Michelin North America announced an additional two years of tire building at its Michelin Pictou County site in Nova Scotia to meet consumer demand for winter products. Initially, the MICHELIN Latitude X-Ice Xi2 winter tire project was announced in March 2016 for a period of two years; it has now been extended until May 2020.

Read the source article at Traction News