CHINA-based Sinopec is acquiring a 25% stake in Russian petrochemicals company Sibur’s nitrile rubber plant in the Siberian city of Krasnoyarsk, for US$100 million. The plant has a capacity of 42,500 tonnes, but the two companies plan to increase it…
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Tokai acquires Anvis’s AVS shares
JAPANESE company Tokai Rubber Industries (TRI) is acquiring the entire shares of Germany-based Anvis Group, a manufacturer of automotive anti-vibration systems from HIG Luxembourg Holdings Eleven (90%) and Hahn (10%). Financial details were not disclosed. Anvis is a successor company…
Cobalt to produce biobutadiene in Asia, through partnerships
US-based biobased chemicals maker Cobalt Technologies says it has entered into a strategic relationship with two prominent Asian chemical companies
India rubber board to conduct training on rubber products
THE Rubber Board has announced that it will hold a five-day training on the manufacture of latex-based rubber products slated from May 13 to 17 at the Rubber Training Institute in Kottayam. For a fee, the programme outlines rubber products…
ContiTech opens new plant for rubber compounds in Hungary
The plant in Nyiregyhaza focuses almost exclusively on the production of Phoenix air springs, which are specially tailored to the requirements of the replacement market.
Cabot shuts down Malaysian carbon black plant
The decision, which will affect approximately 90 carbon black employees, was because of the facility’s manufacturing inefficiencies and raw materials costs.
Summers Rubber invests into shale energy business
US rubber hose fabrocator, Summers Rubber Co., is investing in shale energy, procuring a new hose crimper that will allow it to crimp larger hoses ( with a diameter of 10 inches – larger than the current six inches the…
Malaysian rubber smallholders benefit from RM500 Risda aid
The Rubber Industry Smallholders Development Authority (Risda) will extend an RM500 one-off assistance each to some 3,225 smallholders in the country.
Northeast India cultivation areas proposed to double
The proposal for the agro-climatically suitable area targets to boost the country’s rubber industry.
Trelleborg releases 3D-animated film on agri tyre technologies
The 3D animation film, Hopping to the Future, depicts the life story of a smart animated cricket, following his venture as a start-up agricultural and miniature farm owner in the 1950s to the modern era of evolving tractor generations equipped…