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Rubber prices expected to rise further

THE Malaysian rubber market is expected to continue its uptrend next week supported by higher crude oil prices. A dealer said rising crude oil prices will make synthetic rubber, a product of crude oil, costlier. “Higher crude oil prices will…

Michelin launches major Technology Center upgrade

TO strengthen its innovation capabilities and shorten new tire time-to-market, Michelin has undertaken a top-to-bottom €100 million upgrade of its global research and development center in Ladoux, near Clermont-Ferrand in France. In the center, where 3,300 people work, an entirely…

Sumitomo workers OK after disaster

KOBE, Japan (March 15, 2011)—Sumitomo Rubber Industries Ltd. said it had no casualties among workers at its Shirakawa factory following last week’s earthquake and subsequent tsunami in northeastern Japan. SRI also reports there was no critical damage at the car…

Rough day to be in rubber

IN trading on Thursday, rubber plastics stocks were relative laggards, down on the day by about 0.5%. Helping drag down the group were shares of Fuwei Films Holdings Limited , off about 7.5% and shares of Spartech off about 1.7%…

Apollo Tyres shares get ‘buy’ rating

AS per media reports, tyremaker Michelin announced a 12% increase in truck tyre prices in Africa and India. Apollo Tyres is present in both these geographies. As per an article in Rubber World, Yokohama Tire raised truck tyre prices by…

Silicones balance healthcare needs of patients

Tailor-made solutions Bluestar Silicones has launched a customised approach to the manufacture of antimicrobial silicone products that offers OEMs and processors tailored material solutions to meet specific healthcare application needs. Unlike competitive offerings that are “one size fits all,” Bluestar…

Japanese push for NR in Asia

Japan’s International Cooperation Agency (JICA) will help Vietnam to improve the country’s rubber industry with a plan to replace synthetic rubber, which is made from fossil fuels, with natural rubber (NR). The five-year US$3.9 million project involves the Vietnamese government…