Author: RubberWorld

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Michelin X Works D pre-mold retread now available in North America

“The Michelin X® Works D retread is designed specifically for the construction, energy, concrete and logging industries,” said Pierluigi Cumo, Vice President of B2B Marketing for Michelin North America, Inc. “These vehicles operate in aggressive and mixed-use environments, driving off pavement at least 10% of the time on a daily basis and subjecting tires to any number of harsh conditions.”

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Weir introduces new sheet branding to validate the authenticity of its Linatex premium rubber

To fortify the authenticity of Linatex® premium rubber, and protect its customers from subpar imitations, a significant branding enhancement has been implemented. All Linatex® premium rubber is now branded with four rows of black Linatex® logos, strategically placed along the length of the rubber roll. This distinctive branding will provide a clear and unmistakable identifier of the genuine Linatex® premium rubber. Extensive testing has confirmed that the black ink does not affect the unbeaten abrasion-resistant properties of the rubber that has been the industry’s first line of defense against abrasion for a century.

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Matthew Cabe named president and CEO of Michelin North America

He succeeds Alexis Garcin, whose next position within Michelin will be announced at a later date.

Cabe will be responsible for all key customer-facing functions of Michelin North America, including sales and marketing, services and solutions, quality and supply chain units along with critical functions such as corporate and business services, communications, finance, personnel, information technology (IT) and legal. Michelin’s North America region comprises the United States and Canada and employs approximately 23,500 employees across 35 sites. Concurrent with this Michelin appointment, Cabe also joins the board of the U.S. Tire Manufacturers Association (USTMA)

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Korean tire manufacturers fret rising ocean freight rates

Rising ocean freight rates pose a growing threat to Korea’s top three tire manufacturers – Hankook Tire, Kumho Tire and Nexen Tire – as their business structure relies heavily on exports, according to data and industry officials.

Amplifying jitters, the global freight index shows few signs of stabilizing amid ongoing geopolitical tensions near the Red Sea and in the Middle East. The Shanghai Containerized Freight Index (SCFI), a key barometer of container freight rates worldwide, soared to over 2,700 for the first time since September 2022.

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AirBoss reports first quarter results and declares dividend

In the Rubber Solutions segment, net sales for Q1 2024 decreased by 3.1% to $65,469, from $67,556 in Q1 2023. Volume was up 2.3% with increases in several sectors due to increased momentum in the mining and industrial sectors especially towards the end of the quarter. Tolling volume was down 23.2% while non-tolling volume was up 3.6%.  Gross profit at Rubber Solutions for Q1 2024 increased by 27.9% to $11,033, from $8,625 in Q1 2023. The increase in gross profit was primarily the result of volume increases and product mix in addition to managing controllable overhead costs including additional overhead reductions and continuous improvement initiatives.

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Trelleborg Sealing Solutions announces the launch of its Innovation Center in Minnesota

Trelleborg Sealing Solutions announces the launch of its Innovation Center in Plymouth, Minnesota, US, providing its global industrial customers with a single partner for design, rapid prototyping, development and serial production, ensuring cost control and scalability of customers’ solutions.
Trelleborg created the Innovation Center to accelerate customers’ time to market, reduce the production cost of parts already in market and improve the transition from design to serial production. With increased capabilities, the Innovation Center is a dedicated space with personnel possessing decades of combined experience. It enables customers to work with design, materials, and quality experts throughout the entire life cycle of a project.

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