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Michelin

New India Plant May Be Michelin’s Largest

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Supply and Demand Remains Pivotal for Mining Tyre Prices

An article first published by Bloomberg on June 29 and subsequently reprinted in a number of newspapers around the world has thrown the spotlight on the effect demand for commodities from China and other emerging markets is having on the price...
Michelin

French tyre maker Michelin to hike tyre prices from tomorrow

JAIPUR: French tyre maker Michelin has decided to hike prices of products by 4% effective from this Friday to offset surging rubber prices for the second time this year. The company had already raised the prices by 4%, last month, to pass on...
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Taiwanese rubber makers expanding into India

Taipei, June 26 (CNA) Taiwanese synthetic rubber makers said Sunday that they are setting up plants in India, eyeing the region’s strong growth in rubber consumption. Taiwanese synthetic rubber maker TSRC Corp. said it is setting up a...
Toyo Tire

Toyo Increases Commercial Tire Prices July 5

Effective July 5, 2011, Toyo Tire U.S.A. Corp. will increase the dealer base price list on commercial truck tires up to an average of 9%. “While Toyo Tires is determined to keep prices to a minimum, the continued increases in raw material...
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Global rubber shortage to narrow this year

A global natural-rubber shortage may narrow this year as high prices spur farmers from Indonesia to Myanmar to boost tapping, according to the International Rubber Study Group, potentially capping costs for tire and glove makers. Production...
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Asia Rubber-Tyre makers stir up trade; China shy

* SIR20 traded at $4.67, RSS3 around $5 * China absent, tyre makers shop around (Adds latest deals, closing TOCOM prices) By Lewa Pardomuan SINGAPORE, May 30 (Reuters) – Interest by tyre makes for forward rubber shipments stirred up...

>Rubber Production To Grow, Michelin Says

> Michelin & Cie., the world’s second-largest tiremaker, said it expects global rubber production to grow 40% in the next decade, averting a market shortage and a price surge, Bloomberg News reported. Three-quarters of the expected...
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Michelin Data shows Tyre Boom Slowing further

  Michelin has updated its website with a regional breakdown of the growth in the global tyre industry. Most regions and markets are showing growth. However, as with March’s results, the overall picture is that the post-recession boom...

>New Michelin Boss Sees Nr Production Growth

> Newly minted Groupe Michelin managing partner Jean-Dominique Senard expects global natural rubber production to increase by 40% over the next decade. That should be enough, he said, to avoid further shortages and associated price surges....
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