The council represents 3,500-member companies across India, many of whom are involved in the export of tyres, rubber materials and associated products.
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US auto sector to hoist the economy
WITH new vehicle sales topping 15 million this year in the US, the auto sector is likely to become one of the key drivers for the economy’s recovery, opined a market research analyst. Anthony Pratt, director of forecasting for the…
Lanxess’s TRP business unit split in two
“The successful strategic development of EPDM to make us a global market leader and the specific features of all TRP business necessitate this split into two business units,” says former BU TRP head.
Singer Equities acquires Summers Rubber stakes
MARYLAND-based Singer equities Inc. has acquired the operating assets of Cleveland, Ohio-based Summers Rubber Company. The latter, which is operating through eight locations in Ohio and Pennsylvania is recognised as one of the premier industrial rubber distributors in the US.…
Top Glove inks deal with IT firms
The Malaysian glove manufacturer has recently signed a pact with technology partners SAP Malaysia and Brightee Solutions for utilising IT across Top Glove’s business operations.
New ExxonMobil Chemical EPDM rubber grades at the IRE
AMERICAN chemical specialist ExxonMobil Chemical is introducing its new EPDM rubber grades at its various distributors’ booths during the 7th India Rubber Expo & Tyre Show to be held January 22-24 at the Bombay Exhibition Centre in India. Three new…
World’s largest butanol plant to rise in Jubail
A THREE-way shareholders agreement to establish the first ever butanol plant in the Middle East and the world’s largest has been signed.
Zeon Chemicals to boost its acrylic rubber capacity
ZEON Chemicals L.P. , a fully owned subsidiary of Zeon Corporation is increasing production capacity of its Kentucky-based HyTemp acrylic rubber plant, 1.5 times higher than the present level by July 2013. The demand for acrylic rubber, an oil-resistant component…
Rubber Research buys a Minnesota plant
HONG KONG-headquartered Rubber Research, Inc. has purchased a manufacturing plant in Ogilvie, Minnesota, USA. The three-building plant, spanning 2.4 acres was the former home of Hi-Tek Rubber, Inc.’s manufacturing operations. RRI recently signed an agreement to purchase Hi-Tek. The facility…
Global demand for natural rubber still positive in 2013
Bustling industrial activities in emerging economies; and fiscal stimulus in Japan and the US are likely to drive demand.