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The International Institute of Synthetic Rubber Producers merged its Latin and North American Sections. creating a unit called the Americas Section. The new section consists of 13 synthetic rubber member-manufacturers in the United States. one in Canada (Polysar), one in Mexico (Negromex). and three in Brazil. To accommodate the latter three member-manufacturers. IISRP created a Brazil fan Division within the framework of the Americas Section. The new structure will not affect the existing Europe and Far East Sections.
Because of lackluster new car sales in 1992 and more light truck vehicles using passenger tires, the level of replacement passenger tires produced during the year set a new annual record, beating 1991's total by 4%.
Shipments of replacement tires for passenger cars in 1992 should reach 161.5 million units, up from 155.4 million units in 1991. The Tire Market Analysis Committee of the RMA predicts a slower growth rate for this sector over the next two years,......
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Title: Comprehensive Financial Analysis
Approximate Word Count: 398
Approximate Pages: 2 (250 words per double-spaced page)
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