Tyromer Brings Tire-Derived Polymer to U.S. Retreading Market

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Tyromer Inc., a scrap tire devulcanization company,  is now producing a high performance, non-chemical devulcanized rubber made from crumb or retread buffing in the United States.

Their tire-derived polymer or TDP can actually increase performance when incorporated into a pre-cure tread compound and costs less than virgin material.

Read the source article at Tire Review

Cooper Tire Breaks Ground on Mississippi Distribution Center

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Cooper Tire & Rubber Co. recently broke ground on its distribution center in a business park that straddles the Tennessee-Mississippi border, according to The South Reporter.

At the groundbreaking, Mississippi Gov. Phil Bryant joined Cooper’s Bob Sager, the company’s director of North American supply chain, as well as other development officials in excitement about Cooper’s investment in the state.

Read the source article at Tire Review

China will contest any ‘unfair’ U.S. trade measures on steel: think-tank

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MANILA (Reuters) – China will oppose any “unfair and unreasonable” trade measures by countries such as the United States against its steel companies, a Chinese government think-tank said on Tuesday, arguing protectionism will “poison” the industry.

“Certainly we will protest against unfair and unreasonable measures launched by some countries such as the U.S.A. towards Chinese steel companies,” the China Metallurgical Industry Planning and Research Institute said in an email to Reuters.

“We will also study and discuss the counter-measures to try to seek a fair position for Chinese companies without any violation of W.T.O. (World Trade Organisation) agreement.”

Read the source article at Global Rubber Markets News

Goodyear suffers double-digit earnings drops, Q4 net loss

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Akron, Ohio — Goodyear suffered double-digit drops in segment operating income for the quarter and fiscal year ended 31 Dec and reported a tax-reform-related net loss for the quarter.

Goodyear cited elevated raw materials costs and the “unfavourable” impact of reduced production volumes on costs for the operating earnings declines, and said the fourth quarter loss was driven by a $299 million (€244 million) one-time, non-cash tax charge related to US tax reform.

Read the source article at European Rubber Journal

Continental unveils first summer UHP, updated all-terrain tires

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NEW ORLEANS—Continental Tire the Americas has introduced two General-brand tires for two kinds of driving enthusiasts its first summer ultra-high performance tire, the G-Max RS, and a next generation, all-terrain tire, the Grabber A/TX, replacing the…

Read the source article at Rubber and Plastics News

J.D. Power’s 2016 sale to Chinese firm shrouded in mystery, report says

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The 2016 deal for J.D. Power left a U.S. company famed for enhancing transparency — shining a light on quality and customer satisfaction in the automotive and other industries — owned by a private Hong Kong company that was soon embroiled in a largely hidden dispute in China over the source of its funding. The 2016 deal for J.D.

Read the source article at Front Page

The US Rubber Industry Challenging Times

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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

Michelin’s Clark Elected to USTA Board

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Scott Clark, chairman and president of Michelin North America, has been elected to the U.S. Tire Manufacturers Association’s Board of Directors.

“We are very pleased to welcome Scott to the USTMA Board of Directors,” said Anne Forristall Luke, USTMA president and CEO. “His deep and diverse experience with Michelin in the U.S. and abroad will bring unique perspectives to our Board and we look forward to his input and engagement.”

Read the source article at Tire Review

NAFTA’s fate uncertain ahead of Montreal round of talks

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OTTAWA (Reuters) – The NAFTA trade agreement’s future hangs in the balance this week as negotiators from the United States, Canada and Mexico try to settle major differences over revamping a pact that President Donald Trump has threatened to abandon.

Senior officials from the three nations will meet in Montreal for a week starting on Tuesday in the sixth and penultimate round of talks to modernize the 1994 North American Free Trade Agreement.

Trump, who entered office last year pledging to undo what he described as disastrous trade deals, has portrayed NAFTA as grossly unfair to the United States and its workers.

The post NAFTA’s fate uncertain ahead of Montreal round of talks appeared first on Global Rubber Markets.

Read the source article at Global Rubber Markets News

U.S. auto parts suppliers urge NAFTA compromise to cover engineering work

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WASHINGTON — A trade group representing U.S. auto suppliers urged the Trump administration to adopt NAFTA automotive rules that cover research, engineering, design and software development work as part of North American regional value content goals. The proposal from the Motor and Equipment Manufacturers Association was sent to U.S. Trade Representative Robert Lighthizer as a sixth round of negotiations to revise the North American Free Trade Agreement began in Montreal.

Read the source article at Front Page