Rubber

PRISM™ Worldwide, LLC Closes $10.5 million in latest capital funding series, nearly doubling investments for their patented rubber recycling process

Retrieved on: 
Wednesday, August 4, 2021

Kirkland, WA, Aug. 04, 2021 (GLOBE NEWSWIRE) -- PRISM Worldwide, LLC a recycled tire rubber and plastics innovation company, closed a $10.5 million capital funding round, bringing the total capital raised to $23.5 million.

Key Points: 
  • Kirkland, WA, Aug. 04, 2021 (GLOBE NEWSWIRE) -- PRISM Worldwide, LLC a recycled tire rubber and plastics innovation company, closed a $10.5 million capital funding round, bringing the total capital raised to $23.5 million.
  • The new investment will provide PRISM the capital to expand their operations as well as their research and development efforts.
  • Based in Kirkland, Washington, PRISM Worldwide has developed the first patented clean technology that converts 100% of end-of-life tires (ELT) into functional, sustainable, like-new rubber and plastic polymers.
  • The resulting product is called PRISM Thermoplastic Rubber (PTR) and is used in the manufacture of a number of rubber and plastic products.

McDermott Awarded FEED Contract for Waste Tire Recycling Project

Retrieved on: 
Wednesday, August 4, 2021

HOUSTON, Aug. 4, 2021 /PRNewswire/ --McDermott International, Ltd today announced it has been awarded a Front-End Engineering Design (FEED) contract from the Michelin Group in France for an innovative waste tire technology enabling large-scale production of recycled carbon blacka key ingredient in advancing the next generation of sustainable tires.

Key Points: 
  • HOUSTON, Aug. 4, 2021 /PRNewswire/ --McDermott International, Ltd today announced it has been awarded a Front-End Engineering Design (FEED) contract from the Michelin Group in France for an innovative waste tire technology enabling large-scale production of recycled carbon blacka key ingredient in advancing the next generation of sustainable tires.
  • "The Michelin Group is pioneering advancements in waste recycling technology and has once again selected McDermott to help advance the next generation of sustainable tires," said Samik Mukherjee, Executive Vice President and Chief Operating Officer.
  • "This latest contract award strengthens our shared vision for a more sustainable future and solidifies our long-standing relationship."
  • Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.

Mexico OTR Tire Market Report 2021-2026: Focus on Agriculture, Construction, Mining, Material Handling, Ports, Forestry Tires - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 4, 2021

To analyse historical growth in market size of the Mexico OTR Tire Market from 2016 to 2020.

Key Points: 
  • To analyse historical growth in market size of the Mexico OTR Tire Market from 2016 to 2020.
  • To classify and forecast the Mexico OTR Tire Market based on Application Type, Demand Category, Rim Size, Tire Construction, Company and regional distribution.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Mexico OTR Tire Market.
  • To identify and analyze the profile of leading players involved in the manufacturing of the Mexico OTR Tire Market.

Vytex Director Dr. R.K. Matthan Announces Innovations in Dry Latex, Tires & Sustainability at the International Latex Conference

Retrieved on: 
Thursday, July 29, 2021

Corrie MacColl Latex Director John Heath joined Dr. Matthan to discuss major progress on sustainability initiatives in natural rubber latex production.

Key Points: 
  • Corrie MacColl Latex Director John Heath joined Dr. Matthan to discuss major progress on sustainability initiatives in natural rubber latex production.
  • The session, titled Innovations and Sustainability in Natural Rubber Latex - The New Paradigm, is available on demand for conference registrants at the ILC website .
  • Co-Authors of the presentation are William Doyle Vytex Product Development Consultant for Vystar Corp., and Joseph John Director, Polymer Consultancy Services Ltd.
  • The Vytex process on natural rubber liquid produces a purer, higher hydrocarbon content with a lower non-rubber solids (NRS) base material.

European Tire Market 2020-2021 & 2026 by New Vehicle, Replacement, Region, Company Analysis - ResearchAndMarkets.com

Retrieved on: 
Friday, July 30, 2021

The "Europe Tyre (Tire) Market & Volume by New Vehicle, Replacement, Region, Company Analysis, Forecast" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Europe Tyre (Tire) Market & Volume by New Vehicle, Replacement, Region, Company Analysis, Forecast" report has been added to ResearchAndMarkets.com's offering.
  • Europe Tire Market is projected to be valued at US$ 67.73 Billion by 2026, from US$ 46.02 Billion in 2020, growing at a CAGR of 6.65%
    The automotive market in Europe is one of the largest markets globally.
  • Consequently, owing to the growth of the automotive industry and the high tire replacement rate in Europe has fostered the development of the tyre market.
  • The changing preferences of younger generation consumers coupled with solid domestic production also tend to boom the market.

Continental Tire Canada Announces Partnership with Rocky Mountain Motorsports Racetrack

Retrieved on: 
Monday, July 19, 2021

Mississauga, ON, July 19, 2021 (GLOBE NEWSWIRE) -- Continental Tire Canada is thrilled to announce their latest partnership with Rocky Mountain Motorsports (RMM) racetrack as the exclusive tire sponsor.

Key Points: 
  • Mississauga, ON, July 19, 2021 (GLOBE NEWSWIRE) -- Continental Tire Canada is thrilled to announce their latest partnership with Rocky Mountain Motorsports (RMM) racetrack as the exclusive tire sponsor.
  • Located in Calgary, Alberta, RMM will be a premier motorsports facility, providing driving enthusiasts with a world-class experience like nothing else in Western Canada.
  • Continental Tire is contributing significantly toward an important safety aspect of RMMthe sponsorship will see over 14,000 Continental brand tires at the RMM circuit to form tire wall safety barriers.
  • We are very excited to be the tire partner of this new and elite motorsports facility in Calgary, said Okan Sen, Continental Tire Canadas National Marketing Manager.

Africa Two-Wheeler Tire Markets Report 2021 Featuring Michelin, Bridgestone, Goodyear, Continental, & Dunlop - ResearchAndMarkets.com

Retrieved on: 
Monday, July 19, 2021

In terms of demand category, the replacement market is dominating the African Two-wheeler Tire market by a huge share.

Key Points: 
  • In terms of demand category, the replacement market is dominating the African Two-wheeler Tire market by a huge share.
  • To estimate and forecast the African Two-wheeler Tire market from 2021 to 2026 and growth rate until 2026.
  • To examine competitive developments such as business growth opportunities, new product development, mergers and acquisitions, etc., in the Africa two-wheeler tire market.
  • To identify and analyze the profile of leading players involved in the manufacturing of the African Two-wheeler Tire market.

Global Replacement PCLT Tire Market Forecasts to 2025 - ResearchAndMarkets.com

Retrieved on: 
Friday, July 16, 2021

The "Global Replacement PCLT Tire Market Forecasts" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Replacement PCLT Tire Market Forecasts" report has been added to ResearchAndMarkets.com's offering.
  • After sharp declines in 2020, the global PCLT replacement tire market is forecast to recover steadily in the period through to 2025.
  • This report is provided as a powerpoint briefing, giving a detailed review of the developments in the market and forecasts for the period to 2025.
  • The excel datapack contains detailed data on PCLT replacement tire volumes by country from 2015 and forecasts to 2025.

Hercules Tires Launches Two New All-Terrain Tires

Retrieved on: 
Thursday, July 15, 2021

FINDLAY, Ohio, July 15, 2021 /PRNewswire/ -- Hercules Tires , a subsidiary of American Tire Distributors (ATD),today announced the addition of two new all-terrain, all-season tires to the Terra Trac lineup.

Key Points: 
  • FINDLAY, Ohio, July 15, 2021 /PRNewswire/ -- Hercules Tires , a subsidiary of American Tire Distributors (ATD),today announced the addition of two new all-terrain, all-season tires to the Terra Trac lineup.
  • Beginning today, Hercules dealers in the U.S. can order the new tires.
  • "The Terra Trac AT II has been our most popular tire and has been extremely successful," says Josh Simpson, Senior Vice President at Hercules Tires.
  • Hercules Tires is widely recognized as the industry's premier value brand with a comprehensive selection of passenger, UHP, light truck, medium truck and specialty tires.

Global Automotive Smart Tire Market (2020 to 2026) - Focus on Smart Tire Product, Application, Supply Chain, Sensor Type, Regional and Country - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 6, 2021

The "Automotive Smart Tire Market - A Global Market and Regional Analysis: Focus on Smart Tire Product, Application, Supply Chain, Sensor Type, Regional and Country - Analysis and Forecast, 2020-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive Smart Tire Market - A Global Market and Regional Analysis: Focus on Smart Tire Product, Application, Supply Chain, Sensor Type, Regional and Country - Analysis and Forecast, 2020-2026" report has been added to ResearchAndMarkets.com's offering.
  • The global automotive smart tire market is expected to reach $110.39 billion by 2026, with a CAGR of 6.20% from 2021 to 2026.
  • What are the major restraints inhibiting the growth of the global automotive smart tire market?
  • Following are the segments:
    Which type of players and stakeholders are operating in the market ecosystem of the automotive smart tire, and what is their significance in the global market?