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Texas Chemical Plant Explosions Could Affect North American Tire, Rubber Production
Friday, November 29, 2019 - 10:02am | 510Read More...A chemical manufacturing complex in southeast Texas was rocked by several explosions on Nov. 27, affecting production of synthetic rubber used for tires and hoses in the automotive industry. No fatalities were reported, but officials ordered a mandatory evacuation for 50,000 people living within a...
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Rubber To Rise Amid Increased Demand, Low Supply
Monday, February 28, 2011 - 6:03pm | 486Read More...Rubber has slumped 15 percent in the last week, but analysts see the slump as a prelude to record highs. Prices may advance by up to 32 percent to 605 yen a kilogram ($7,407 a metric ton) by December, according to the median estimate in a Bloomberg survey. Bridgestone (OTC: BRDCY) and Michelin are...
