According to a study by ESOMAR-certified market research and consulting firm, the tire testing machine market to reach US$ 730.8 Mn by the end of 2031, growing at a CAGR of 4.6% over the forecast years (2021-2031). Their increasing application in testing tires for four wheelers will continue supporting growth. As per market intelligence study, four-wheelers account for above 30% of sales in market.Read more
Apollo Tyres, has taken the first step towards reducing its carbon footprint across its value chain. The company has kicked-off a pilot initiative by deploying Electric Vehicles (EVs) for the delivery of tires from its regional distribution center (RDC) to multiple Business Partners in Bengaluru, in the southern part of India.Read more
Natural rubber production in India may fall below target in FY22, thanks to a decline in demand in the last few weeks.
“We had targeted a production of 8 lakh tonne this year. It may fall slightly short. But it will be higher than the previous year,’’ said KN Raghavan, executive director of Rubber Board. In 2020-21, rubber production stood at 7.15 lakh tonne, a notch higher than the previous year.
The global silicone adhesives and sealants market is valued at USD 4,760 million, and is expected to register a CAGR of over 5%, over the forecast period according to Report LinkerRead more
KraussMaffei has appointed Nolan Strall as the new President of KraussMaffei Corporation North America (KMC), effective January 1, 2022. He will report directly to Volker Nilles, Executive Vice President New Machines.Read more
Davis-Standard announced that Ken Vargas has joined the Aftermarket team as Regional Sales Manager – Aftermarket, representing the states of Kansas, Oklahoma, Arkansas, Louisiana, Texas, and Mexico. Vargas will focus on supporting existing installations and new opportunities within this territory, including developing and marketing aftermarket products and services for all Davis-Standard brands.Read more
Cambodian rubber exports topped $611,770,814 in 2021, climbing up from $482 million a year earlier.
Broken down by category, 366,300 tonnes of natural rubber latex accounted for $610,255,800, and 454 cubic metres of rubber wood clocked in at $1,515,015, according to the General Department of Rubber.Read more
Avon Tyres announced that it has added the Avon AS12 All Season to its van tire line-up. 3PMSF (Three Peak Mountain Snow Flake) accredited, it has been developed to keep drivers moving all year round, in all weather conditionsRead more
Liberty Tire Recycling will open a new manufacturing facility in Sanford, North Carolina in February 2022, creating 30 new jobs in the area.Read more
Blink Charging Co. announced a cooperation with Bridgestone Retail Operations (“BSRO”), a subsidiary of Bridgestone Americas, to deploy 50 Blink IQ 200 charging stations at 25 Firestone Complete Auto Care and Wheel Works tire and automotive service centers. These deployments are the first Blink chargers at Bridgestone service centers and are part of the company’s broader initiative to address the needs of electric vehicle consumers.Read more