Market News

    Oil prices won't keep plunging because US drillers can't meet demand, analysts say

    • Oil prices have been under pressure for much of the last two weeks, but the rout is unlikely to last long, analysts say.
    Michelin sets sights on tire-recycling goals

    MONTREAL—Michelin has set a pair of ambitious tire-recycling targets for the coming 30 years. Simply, said Cyrille Roget, Michelin's technical and innovation communications director, the goals are intended "to change what tires become and to change what they are made of."

    Chinese firm sets sights on rubber factory in Thailand

    China's Yunnan Yun Manganese Group, a latex manufacturer from Yunnan, wants to establish a factory to manufacture rubber products in the southern provinces, capitalising on the rich natural rubber supply there.