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Weir to set up rubber production facility in Malaysia

SCOTLAND-headquartered Weir Group is investing more than £70 million (RM354 million) in Malaysia. The engineering firm’s investment, which will cover setting up of foundry to produce high-quality castings; machine shop and rubber processing plant to produce Linatex, a 95% natural…

Carlisle to sell tyre business to US equity firm

Carlisle Companies Incorporated is selling its Transportation Products (CTP) to American Industrial Partners of New York for US$375 million. According to Carlisle, the transaction is subject to customary closing conditions, including regulatory clearances, and is expected to close in the…

Unimatec Chemicals expands in US

Unimatec Chemicals, which is recognised for its Noxtite brand of FKM, ACM and HT-ACM polymers (high performance rubber polymers) and Cheminox curatives, is expanding in North America with the formation of Unimatec Chemicals America Inc. It anticipates enhanced customer service…

India’s first rubber park comes undone

RUBBER Park India Limited, which claims to be the first industrial park in the world exclusively for rubber-based units, is still incomplete after nearly a decade it was accredited. As work on the State’s second rubber park got under way…