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Global tire manufacturers sign initiative to end global deforestation

  11/9/2018 - Kuala Lumpur, Malaysia - Environmental groups welcomed an initiative by global tire manufacturers to stop the destruction of forests to make way for rubber plantations, but warned that the industry-backed organization must act independently to be effective, as reported by Thomson Reuters Foundation. The Global Platform for Sustainable Natural Rubber (GPSNR), which includes Michelin and Goodyear Tire & Rubber Co., will begin operations in March at its headquarters in Singapore, according to a statement from the organization. Rubber demand has risen over the last 20 years as emerging markets like China and India have become wealthier, with more people able to buy cars and motorcycles, which has driven deforestation, according to environmental groups. “We are already seeing new rubber plantations pushing into natural forests,” said Rod Taylor, a director at the World Resources Institute in Geneva. He said the launch of the GPSNR was “timely,” but warned that its decision-making process must include input from people who are not directly involved in the rubber industry, but are affected by it. “The platform will need to ensure it is truly independent, and all key stakeholders have a place at the table, to craft solutions that are fair and really do protect the environment,” Taylor said by email. Rubber plantations cover about 11 million hectares around the world, two-thirds of which are in Southeast Asia, while annual expansion rates roughly doubled between 2003-2013, researchers said earlier this year. To mitigate the ill effects of the sector’s expansion, the GPSNR pledged to work against deforestation and “land-grabbing,” protect biodiversity and water, and improve transparency in the supply chain. Such policies could have a powerful impact, if they are actually implemented, said Himlal Baral, a senior scientist at the Center for International Forestry Research in Bogor, Indonesia. “Having anything sustainable is definitely a good thing,” he told the Thomson Reuters Foundation. “But the commitments they are talking about and what they are doing should match. We need to see action; that is important.” One challenge will be regulating rubber producers, which range from large estates to about 6 million small farmers globally, said Andy Thompson, a senior counsel for sustainability at the tire company Bridgestone in Nashville. “It is a rather complex supply chain,” he said. The tire industry already consumes about 70 percent of the world’s natural rubber supply, and demand is growing, according to the GPSNR. The 18 founding members of the platform account for about 65 percent of the world’s tire manufacturing, Thompson said. The GPSNR follows similar initiatives in industries such as coffee, palm oil and cocoa, which have had mixed success. Advocacy groups have criticised the Roundtable on Sustainable Palm Oil, for example, accusing the global watchdog organization of failing to prevent human rights abuses and deforestation.

Tuesday, March 26, 2019

Satisfaction with original equipment tires helps automakers keep owners loyal, J.D. Power finds - click to expand

Global automotive tire market forecast to grow with a CAGR of 6.3 percent through 2027 - click to expand

Synthetic latex polymers market projected to grow at a CAGR of 5.41 percent through 2024 - click to expand

Lubrizol adds capacity to its TPU manufacturing line in Shanghai - click to expand

Birla Carbon completes 25 years of operation in Hungary - click to expand

Monday, March 25, 2019

Birla Carbon to increase base prices for all carbon black markets in North America - click to expand

GM to invest $300 million, add 400 jobs at Michigan plant for new Chevrolet electric vehicle - click to expand

Rubber Division, ACS now offering all training courses remotely - click to expand

Global market for stabilizers forecast to reach $5.5 billion by 2025 - click to expand

Davis-Standard¹s global converting platform featured at ICE USA - click to expand

Friday, March 22, 2019

Book of the day - Fatigue, Stress and Strain of Rubber Components, by Judson Bauman - click to expand

ARPM announces Innovation Symposium on April 18 - click to expand

YourMechanic adds Goodyear.com for tire sales and installation services - click to expand

TA Instruments introduces new Rheo-Raman accessory for the Discovery hybrid rheometer - click to expand

Adhesive tapes market projected to reach $69 billion by 2022 - click to expand

Thursday, March 21, 2019

TA Instruments analyzer tests for mechanical behavior of materials - click to expand

Global thermoplastic elastomers market size is forecast at $27.8 billion by 2026 - click to expand

Ace Products & Consulting hires business manager - click to expand

Yokohama Tire's mobile tire specs app for dealers wins iF Design award - click to expand

Plastics & Rubber Technology Conference calls for abstracts - click to expand

Wednesday, March 20, 2019

Safic-Alcan acquires Langley-Smith & Company - click to expand

Firestone Liberia to shed 800 jobs by April 2019 - click to expand

Michelin launches Agilis CrossClimate tire for small business owners and commercial fleets - click to expand

U.S. market for low rolling resistance tires forecast with a CAGR of 10.8 percent through 2028 - click to expand

Southeast Asia tire market projected to grow at a CAGR of over 7.5 percent through 2024 - click to expand

Tuesday, March 19, 2019

Hankook Tire adds Nissan Altima to growing original equipment portfolio - click to expand

Cooper launches new long haul steer tire as part of its PRO Series commercial line - click to expand

Kraton to build Cariflex semi works latex unit in Brazil - click to expand

Mitsui Chemicals pursues applications for temperature-sensitive elastomer - click to expand

Nitrile butadiene rubber latex market forecast at $2.4 billion by 2025 - click to expand

Market Reports

Global automotive tire market forecast to grow with a CAGR of 6.3% through 2027 - click to expand

Global nitrile gloves market is expected to reach $3.30 billion by 2026 - click to expand

The synthetic latex polymers market is projected to grow at a CAGR of 5.41% through 2024 - click to expand

Global market for stabilizers forecast to reach $5.5 billion by 2025 - click to expand

Adhesive tapes market projected to reach $69 Billion by 2022 - click to expand

Global thermoplastic elastomers market size is forecast at $27.8 billion by 2026 - click to expand

The U.S. market for low rolling resistance tires forecast with a CAGR of 10.8% through 2028 - click to expand

South East Asia tire market is projected to grow at a CAGR of over 7.5% through 2024 - click to expand

Global silane and silicone market was estimated at $14.4 billion in 2017 and is expected to hit $22.03 billion in 2025 - click to expand

Nitrile butadiene rubber latex market forecast at $2.4 billion by 2025 - click to expand

Global mold release market forecast with a CAGR of 5.7% through 2023 - click to expand

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