Uncertainties impact world rubber supply, demand
- By TT News
- December 28, 2020
The downward revision in the world supply outlook for 2020 is largely due to the scaling down of the outlook for Thailand and India, according to ANRPC. The outlook on the production of NR in Thailand has been scaled down by 332,000 tonnes to 4.478 million tonnes. The country’s revised outlook for 2020 represents a 7.7% decline from the previous year as against a 0.9% anticipated fall reported a month ago.

The harvesting and primary processing of rubber in Thailand are severely affected by acute shortage of labourers. The migrant labourers from neighbouring countries and those from other provinces within the country find it difficult to reach back and resume the various farm management activities including tapping and primary processing. Aggravating the situation, tropical storm ‘Noul’ damaged rubber plantations in several provinces of Thailand in the last week of September besides causing heavy rains, flash floods, and water run-offs.
In August, northern Thailand was hit by the tropical storm ‘Sinlaku’ causing flash floods in 18 northern provinces of the country. The loss in output arising from previous year’s incidence of a new fungal leaf disease is already factored in. Abnormal leaf fall resulting from fungal diseases usually impacts on the yield performance of the affected for two succeeding years.
In India, the production anticipated in 2020 has been scaled down by 42,000 tonnes to 668,000 tonnes, ANRPC study said. The revised outlook represents a 4.8% decline from the previous year as against a 1.1% anticipated increase reported a month ago. The country’s NR production sector is impacted by a burst in the number daily new cases of Covid-19 infections in the State of Kerala since the beginning of September and the abnormal leaf fall caused by the outbreak of Phytophthora leaf disease during July and August. It is reported that the incidence of abnormal leaf fall during this year is less severe compared to the previous year.

Demand fall
There has also been a fall in world consumption of NR by 11.7% y/y to 8.151 million tonnes during the first eight months of 2020 (Jan-Aug), as per preliminary estimates. Based on the revised estimates and forecasts, the world consumption outlook for the full year 2020 is marginally scaled up by 67,000 tonnes to 12.611 million tonnes by representing an 8.4% fall from the previous year. The outlook for 2020 as reported a month ago was 12.544 million tonnes by representing an 8.9% fall from the previous year.
China has marginally revised up its consumption outlook for 2020 in view of an observed earlier-than expected economic recovery and acceleration in growth. A survey conducted by Nikkei revealed that the growth has been more pronounced in the manufacturing sector. The Manufacturing Purchasing Managers’ Index (PMI) improved to 51.5 in September from 51.0 recorded in August and 51.3 anticipated for September, according to a survey conducted by the country’s National Bureau of Statistics and the China Federation of Logistics and Purchasing. The country’s automobile sector has made a major turnaround. The domestic retail sales of passenger vehicles, including minivans, SUVs and multipurpose vehicles, increased 7.4% y/y in September 2020, the third straight monthly gain. The domestic sales of passenger vehicles had increased 6.0% y/y in August 2020.

As per the revised outlook, China is anticipated to consume 5.055 million tonnes of NR during 2020, down 8.9% from the previous year. The country’s consumption outlook for 2020, as reported a month ago was 5.043 million tonnes, down 9.1% from the previous year.
India has scaled-up its consumption outlook for 2020 to 923,000 tonnes from 900,000 tonnes reported earlier in the year. Auto sales in India have made a U-turn. The domestic sales of passenger car increased 31.3% y/y in September 2020, the highest growth over the past 27 months. The trend reversal in passenger car is driven by preference for personal mobility during the pandemic, gradual opening up of markets, easing of supply-chains, labour availability, and excitement of new vehicle launches. The domestic sales of two-wheeler grew 12% y/y in September 2020, the highest growth over the past 21 months. Sales of tractor increased 16% y/y during the month, the highest growth over many years in the past. The domestic sales of LVC (Light Commercial Vehicles) and M&HCV (Medium and Heavy Commercial Vehicles) declined by 3.0% each during the month, after double digit declines till August 2020.
Looking ahead, according to ANRPC, the world demand for NR will remain constrained by the uncertainties clouding the global economic recovery, acceleration in the number of new coronavirus cases, reintroduction of control measures and partial lockdowns across countries and a likely long delay in the mass availability of the vaccine. On the positive side, there are increased hopes of further fiscal aid in the US to keep its economy on track. The White House has reportedly raised its stimulus offer from the earlier proposed $1.0 trillion to $1.5 trillion, and further to $1.8 trillion, though that is still short of $2.2 trillion proposed by the Democrats.

- Nynas
- UN Global Compact Accelerator Programmes
- Business and Human Rights
- SDG Innovation for Young Professionals
- Sustainability
Nynas Joins UN Global Compact Accelerator Programmes For 2026
- By TT News
- February 25, 2026
Nynas is expanding its commitment to responsible business practices in 2026 through active engagement with two United Nations Global Compact development programmes. The company has joined the Business and Human Rights programme alongside the SDG Innovation for Young Professionals programme, reflecting a dual focus on ethical operations and sustainability-driven progress. Both programmes provide access to expert guidance, practical methodologies and cross-sector collaboration opportunities with peers across Sweden, enabling continuous refinement of practices throughout the value chain.
Within the Business and Human Rights programme, Nynas is working to establish a more systematic approach to human rights due diligence. This involves examining both internal operations and supplier relationships to ensure respect for human rights becomes an integrated aspect of everyday business processes. The framework is aligned with established international standards, particularly the UN Guiding Principles on Business and Human Rights, and reinforces ongoing work in responsible sourcing and maintaining transparent commercial conduct.
The SDG Innovation programme offers a different but complementary dimension, bringing together young professionals from various industries to tackle sustainability challenges through collaborative problem-solving. Participants develop, test and refine concrete ideas that advance the UN Sustainable Development Goals while simultaneously generating business value. For Nynas, the outcomes support broader innovation efforts and help identify practical pathways towards reducing environmental footprint and strengthening customer offerings.
These engagements form an integral component of Nynas’ overarching sustainability strategy. The knowledge and tools acquired will enhance risk management capabilities, embed responsible practices more deeply across operations and stimulate innovation aligned with global priorities. Working alongside the UN Global Compact Network Sweden, Nynas seeks to transform these insights into tangible actions, collaborating closely with customers, suppliers and partners to advance sustainability in meaningful and measurable ways.
- Bridgestone
- Bridgestone Americas Motorsports
- Firestone Racing
- Bridgestone ENLITEN Technology
- Firestone Firehawk Race Tyre
- NTT INDYCAR SERIES
- INDY NXT
Firestone Racing To Debut ENLITEN Technology In 2026 INDYCAR Season
- By TT News
- February 25, 2026
Bridgestone Americas has announced a significant evolution for the 2026 INDYCAR season, as Firestone Racing will equip the series with Firehawk race tyres featuring the company's global ENLITEN Technology. This integration of sustainability-focused innovations begins immediately with this weekend’s Firestone Grand Prix of St. Petersburg, impacting both the NTT INDYCAR SERIES and the INDY NXT by Firestone support series.
This development arrives as the Firestone brand marks its 125th anniversary, a legacy deeply intertwined with motorsport. Firestone’s competitive pedigree was established in the early 1900s and solidified when Ray Harroun secured victory at the inaugural Indianapolis 500 in 1911 using Firestone tyres. Racing continues to serve as a critical proving ground, driving advancements in materials and technology that ultimately benefit tyre development for everyday consumers.
For the 2026 season, the Firestone Race Tire Engineering (RTE) team will produce approximately 37,000 Firehawk ENLITEN race tyres. Over 32,000 of these are destined for the NTT INDYCAR SERIES, requiring 60 distinct specifications to handle the unique challenges of ovals, road courses and temporary street circuits across an 18-race calendar. An additional 5,000 tyres, spanning 18 specifications, will support the INDY NXT by Firestone series, providing a developmental platform for rising drivers on a 17-race schedule that closely mirrors the premier series.
The ENLITEN Technology integrated into these race tyres represents a commitment to enhanced sustainability without compromising performance. The Firestone Firehawk primary and alternate compounds now incorporate key components such as renewable soybean oil, which replaces traditional petroleum-based oils. They also utilise recycled steel for the bead wire and recycled carbon black derived from end-of-life tyres, improving resource efficiency and material circularity while meeting the extreme demands of open-wheel racing.
This move builds on several years of sustainability initiatives by Firestone Racing. Previous efforts have included the successful use of guayule-derived natural rubber in sidewalls on street circuits, as well as incorporating materials from hard-to-recycle plastics and palm oil waste residue. The 2026 Firehawk tyres also continue the use of ISCC PLUS-certified monomers from palm oil processing waste. Concurrently, Firestone is advancing end-of-life recycling, with nearly all race tyres from the series being repurposed into products like playground surfaces and flooring.
All Firestone Firehawk race tyres are produced at the Bridgestone Advanced Tyre Production Center in Akron, Ohio, a facility opened in 2022 that represents a new chapter in the brand’s history. The engineering team works in close collaboration with the nearby Bridgestone Americas Technology Center, ensuring that insights gained from the racetrack directly inform and enhance the development of tyres across the company’s entire portfolio.
Lisa Boggs, Director, Bridgestone Americas Motorsports, said, "Firestone Racing serves as a mobile lab to test and prove new technologies under the most extreme conditions. The integration of ENLITEN Technology is the next step in our commitment to no compromises and sustainably focused technology through the use of cutting-edge materials."
Bridgestone To Launch Three New OTR Tyres At CONEXPO-CONAGG
- By TT News
- February 25, 2026
Bridgestone Americas is preparing to introduce three new off-the-road tyres at the upcoming CONEXPO-CONAGG exhibition, showcasing advancements in durability, load capacity and application versatility across its Bridgestone and Firestone brands. The company’s booth will feature these latest innovations – the Bridgestone MasterCore V-Steel M-Traction Deep (VMTD), the Bridgestone V-Steel Rock Deep Ultra (VRDU) and the Firestone Multi Block T – alongside a broader selection of premium intelligent tyres engineered for equipment ranging from cranes and graders to haulers and loaders.
The Bridgestone MasterCore VMTD, a 27.00R49 tyre developed for 100-tonne haul trucks, represents the expansion of the company’s proprietary MasterCore technology into large-scale quarry applications. This new tyre features a traction-oriented tread pattern that delivers a 14 percent increase in tread depth compared to the conventional Bridgestone VMTP tyre, enhancing performance on difficult terrain. Its durable sidewall construction and narrow tread grooves contribute to a 10 percent extension in tyre life, while the MasterCore platform enables a 10 percent increase in load capacity and a two percent improvement in tonne-mile per hour and tonne-kilometre per hour metrics over the previous generation. With this launch, Bridgestone now offers two distinct tread patterns in the 27.00R49 segment, the other being the rock-patterned MasterCore VRDU introduced in mid-2025. The MasterCore VMTD will be available to fleets beginning in June, offered in four compound formulations including standard, cut resistant, ultra-cut resistant and heat-resistant options.

Also debuting at the show is a new three-star VRDU tyre in the 24.00R35 size, engineered with a rock tread pattern specifically for rigid dump trucks operating in quarry environments. This marks the company’s second three-star product in the large tyre segment and extends the hauling benefits of larger VRDU sizes to more compact applications. The tyre incorporates a stronger cord, enhanced casing structure and refined tread design that together yield a 15 percent increase in TMPH and TKPH compared to its predecessor. The new casing construction also provides more than an eight percent gain in load capacity relative to the two-star Bridgestone VRQP tyre. Its tread pattern incorporates slopes and centre grooves that improve wear characteristics while minimising heat generation during operation. This new VRDU size is scheduled for availability in 2027 and will replace the Bridgestone VRQP tyre in the company’s portfolio.

The Firestone brand introduces the Multi Block T radial tyre, designed for articulated dump trucks and wheel loaders, marking a new chapter in the brand’s 125-year legacy of durable products. This model replaces the Versabuilt AP and delivers a 10 percent improvement in cut resistance through strategically placed tie bars, robust steel cord construction and advanced compound formulations. The tyre features a 10 percent deeper tread depth combined with a new block design incorporating biting edges for reliable grip on challenging terrain. Its multi-star rating and non-directional pattern enhance application versatility and simplify tyre management, contributing to reduced operational costs. The Firestone Multi Block T will be available this summer in five sizes including 17.5R25, 20.5R25, 23.5R25, 26.5R25 and 29.5R25.

CONEXPO-CONAGG stands as the largest construction exhibition in United States, taking place from 3 through 7 March at the Las Vegas Convention Center. Bridgestone Americas will be exhibiting at booth 41633 in the West Hall.
Rob Seibert, President – Off the Road, Bridgestone Americas, said, "These three new tyres underscore our relentless focus on delivering premium products that help our customers operate more efficiently. Each tyre is engineered to deliver optimal performance in the most demanding environments, extending tyre life, reducing downtime and lowering total cost of ownership, helping our customers move more with less."
Citira Enters Norway With Dekkservice Kvinesdal Acquisition
- By TT News
- February 25, 2026
Citira has taken another significant step towards becoming the leading tyre management provider in Northern Europe by acquiring Dekkservice Kvinesdal, marking its first service point acquisition in Norway. The well-regarded tyre shop has built a strong reputation since its establishment in 2000, serving both passenger car and heavy vehicle customers with consistent high-quality service and personal relationships.
Under the new arrangement, Dekkservice Kvinesdal will maintain its operations with the same team at the same location, ensuring continuity for its valued customers. The team will continue managing daily operations while gaining access to Citira's resources for continued development. Ivar Røyseland will become a co-owner of Citira as part of this strategic partnership that combines local expertise with broader organisational support.
David Boman, CEO, Citira, said, “It is a pleasure to welcome Ivar and the Dekkservice team to Citira. They have established a well-run tyre shop with a longstanding reputation in the industry as a trusted tyre service point, which has truly impressed us. The combination of strong expertise and local customer relationships makes them an ideal partner, and we are proud that they have chosen to join us. This marks an important first step as we pursue our ambition to build a nation-wide service network in Norway.”
Røyseland said, “When we started Dekkservice Kvinesdal, our goal was to build a tyre shop that customers could trust for timely and high-quality service. After more than 25 years, I am incredibly proud of the relationships we have built with customers and the team we have become. Joining Citira will now allow us to focus fully on further developing the business while leveraging the resources of a larger organisation, and it is exciting to do so as their first service point in Norway.”

Comments (0)
ADD COMMENT