NHTSA revises tire quality safety ratings
The National Highway Traffic Safety Administration has released its revised Uniform Tire Quality Grading list, which ranks more than 2,400 passenger vehicle tires for treadwear, traction and temperature resistance.
NHTSA said Bridgestone, Cordovan, Michelin and Big O brands had particularly impressive treadwear ratings, while nearly 90 tire lines received the highest ratings for traction and nearly 700 got the highest ratings for temperature resistance. Nearly 50 tires had treadwear ratings over 600.
GreenMan divests scrap tire business
GreenMan Technologies Inc. is closing its LaVergne, Tenn., tire processing plant, as promised, and assigning its scrap tire collection business back to Tennessee Tire Recyclers Inc.
GreenMan bought the scrap tire collection operation from Tennessee Tire Recyclers in 2001, and that firm had the right of first offer if GreenMan decided to sell it, according to Chuck Coppa, GreenMan chief financial officer. Before divestiture, GreenMan gathered about 3.5 million to 4.5 million tires annually in Tennessee.
3 chemical suppliers to increase prices
Three suppliers have announced price increases of chemicals sold to rubber processors.
The companies and increases are:
* Dow Chemical Co., Voranate toluene diisocyanate, Voralux, Voranol and Specflex polyether and copolymer polyol products, effective Oct. 1. Voranate prices will rise by 10 cents a pound while the cost of Voranol, Voralux and Specflex will jump 6 cents per pound.
The company cited rising energy and material costs as reasons for the price hikes.
Dow also is boosting prices for its Engage polyolefin elastomers, Affinity polyolefin plastomers and Nordel hydrocarbon rubber in North America Oct. 1. The price of Engage and Nordel will rise 7 cents while Affinity will increase 5 cents.
* Columbian Chemicals Co., rubber-grade carbon blacks made at its four North American plants, 10 percent on Oct. 1.
* Tiarco Chemical, Octolite antioxidant product line, 4 percent on all antioxidant emulsions and 7 percent on antioxidant dispersions, effective Oct. 15.
Goodyear completes sale of adhesives unit
Goodyear has completed the sale of its Wingtack adhesives resins business to Sartomer Co. Inc., a unit of the French energy firm Total S.A., for $64 million.
The business includes a manufacturing operation in Beaumont, Texas. Goodyear will continue to supply raw materials for Wingtack production.
The companies had announced a pending deal involving the division in early July. It was finalized Sept. 1.