There's always something new and exciting going on in the rubber industry, and 2017 was no exception.
The year saw many more acquisitions, disputes and breakthroughs, not to mention industry-wide trends affecting manufacturers worldwide.
It's easy to lose track of what transpired, so RPN is here to help. We've compiled what the editorial staff saw as the 10 biggest stories in the industry. In addition, we've put together a recap to some of the other major events that had a broad impact in a variety of industry sectors.
As we prepare for another exciting year, join us as we look back at the top 10 stories of 2017.
9. Oil and Gas recovering slowly
Many rubber product makers have felt the impact of the oil and gas market downturn, but 2017 started to show signs of better times ahead.
Crude oil prices per barrel hit $54.36 in February and still held at about $54.92 per barrel as of October 2017, despite a dip in pricing throughout the spring and summer.
While the $50 to $60 per barrel range doesn't come close to matching the levels of a few years ago, it's better than a 2016 that saw prices routinely dip below $40 a barrel.