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Tokai Rubber to acquire Brazilian auto parts firm

Tokai Rubber Industries, Ltd. has announced that its board of directors resolved to acquire the shares of a Brazilian manufacturer of automotive rubber parts, Produflex Minas Industria de Borrachas Ltda., and Produflex MG, an automotive anti-vibration solutions provider, becoming its…

India mulls import levy hike on natural rubber

The Indian government has been considering increasing import duty on natural rubber (NR), according to Commerce and Industry Minister Anand Sharma. The country imports NR from Malaysia, Thailand and Indonesia. Advise on the increase will be issued soon, as recommendation…

US tyre groups slam proposed tyre age bill

OPPOSITION from tyre associations, Rubber Manufacturers Association (RMA), Tire Industry Association (TIA), and the Chesapeake Automotive Business Association (CABA) hits certain provisions in the proposed tyre ageing bill being currently heard before the Maryland House Committee on Economic Matters. Maryland…