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Rubberex buys Alliance Rubber

MALAYSIAN glove maker Rubberex Corporation has bought another glove producing firm based in Penang for RM113 million. Its sub-subsidiary, Rubberex Alliance Sdn Bhd acquired the glove business and the entire nitrile and latex disposable glove production facilities of Alliance Rubber…

Lanxess converts Geleen EPDM site to ACE technology

SPECIALITY chemicals company Lanxess has successfully converted its largest production line for the Keltan-branded EPDM synthetic rubber at Sittard, Geleen, The Netherlands, to the company’s innovative ACE technology. “This is another important step into an even more sustainable future with…

US stimulus moors rubber from decline

CCORDING to Bloomberg, rubber has recovered from a nine-month low, and has finally leashed the worst quarterly decline in a year, amidst optimism the US Federal Reserve will maintain stimulus after slower-than-estimated growth in the country’s economy. The contract for…