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Greene Tweed extends global reach with completion of manufacturing facility in South Korea

Greene Twee has announced the completion of its new manufacturing facility in Ochang, Cheongju-si, Chungcheongbuk-do, Republic of Korea. The milestone marks a significant expansion of Greene Tweed’s global footprint and reinforces its commitment to delivering innovative solutions and exceptional service to their customers worldwide with its flagship Chemraz(R) product line.

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Continental named original equipment for the 2024 Chevrolet Traversed

Chevrolet is relying on Continental’s original equipment expertise for its 2024 Traverse model. The SUV is fitted from the factory with tires from the CrossContact series. The series has been developed especially for good handling qualities on and off-road. Continental has received worldwide original equipment approval for the CrossContact LX 20 in sizes 20 and 22 inches.

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Asahi Kasei to present functionalized HSBR and thermoplastic elastomer solutions at DKT

At the DKT 2024, Asahi Kasei will present its newly developed hydrogenated solution styrene butadiene rubber (HSBR). By applying selective hydrogenation, this material offers a remarkable combination of characteristics, as it retains some of the desirable properties of an SBR, such as good processability and compatibility, while also benefiting from an improved resistance to heat, aging, and chemicals due to the hydrogenation process.

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GRI expands footprint in South America

GRI has reached a significant milestone with its successful entry into the South American market, marking a new chapter of growth and innovation for the company in this vibrant region. This expansion highlights GRI’s commitment to global growth in the Specialty Tires sector, supported by a strong sales team and a customer-centric approach.

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Yokohama Geolandar X-CV to be original equipment on Mazda CX-70

The tires being supplied as OE for MAZDA CX-70 were developed by utilizing specialized tuning to match their tread pattern, profile, and tire structure to the vehicle characteristics, while also using Yokohama Rubber’s proprietary HAICoLab, an AI-based development framework that aims to foster new discoveries and digital innovation by merging human inspiration and creativity with AI’s enormous data processing capability. To achieve the highly quiet ride, an optimal pitch sequence was obtained using evolutionary computation (genetic algorithms), one of the technologies incorporated in HAICoLab. The innovative technologies applied in development of the tires are based on new knowledge obtained by collecting actual data and virtual data generated by simulations and then using AI’s predict, analyze and search functions.

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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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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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