Car sales in China soared 21% in September to an eight-month high, contributing to a record global sales in 2013, says LMC.
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Tyre maker doubles capacity in Andra Pradesh plant
INDIA’s top tyre maker MRF, an enterprise that started as a toy balloon maker in 1946 in South India, is investing Rs 1,000 crore to double its capacity at a facility located in Andhra Pradesh, A state under bifurcation, near…
Chemtura’s US$40 million expansion in Germany nears completion
Specility chemicals company Chemtura Organometallics GmbH, a subsidiary of US-based Chemtura Corp, is expecting to complete the final phase by year end its US$40 million project in Bergkamen, in west-central Germany, Chemstura says that the move will greatly boost the…
Vernay, Quantex form partnership to develop disposable pump
US-BASED elastomeric flow control provider, Vernay, has partnered Quantex, a pump technology licensing company that has developed an innovative disposable pump system. Vernay will be marketing this technology. Quantex CEO Paul Pankhurst said that the partnership with Vernay will enable…
Tokai’s new auto anti-vibration rubber factory in India to start in November
JAPAN-headquartered Tokai Rubber Industries, Ltd has completed construction of the new automotive anti-vibration rubber factory in India Rajasthan Neem rana Industrial Park Phase, about 120km southwest of the centre of Dehli. The 1.3 billion yen-worth facility becomes the second production…
LG Chem’s 3rd Quarter net down 23.3% on rubber sector
LG Chem Ltd., the world’s leading lithium-ion battery maker, said its net profit fell 23.3% in the third quarter of this year from a year ago on sluggish performance in the rubber sector. Net profit came to 352 billion won…
Krone cites Mitas as ‘best supplier’
Krone Holding GmbH cited tyre manufacturer Mitas as its best supplier in the “delivery of tyres” during a ceremonial event held in September in Germany. “Mitas won the award in a strong competition of six major tyre manufacturers,” said Gerhard…
REP joins rubber devulcanisation sector
France-headquartered rubber injection and compression moulding machine maker purchased the devulcanization centre Watson Brown HSM Berlin along with the patented HSM devulcanisation technology on an exclusive rights basis to expand its capabilities, according to Tim Graham, president of REP Corp,…
Elasto Proxy holds inventory of over 700 rubber profiles
Elasto Proxy, supplier of specialty sealing solutions, is declaring its holding of over 700 rubber profiles in stock. The custom fabricator of gaskets, thermal and acoustic insulation, EMI shielding, and other rubber parts delivers high-value, low-volume rubber components to a…
Vietnam anticipates US$4.5 billion rubber exports profit
Vietnam’s rubber sector anticipates to gain US$4.5 billion profit from rubber exports in 2013, higher than the figures recorded in 2012 (US$4.26 billion), according to the Vietnam Rubber Association (VRA). Rubber now ranks eighth among the country’s top export commodities…