With the earlier announcement of the postponement of the World Rubber Summit (WRS) 2020, which was to be held in Abidjan, Côte d’Ivoire from 4-6 May 2020, Singapore-headquartered International Rubber Study Group (IRSG) has said that the event will be…
Category: Feature
IRSG predicts 12% decline in rubber demand in 2020
The Singapore-based Secretariat of the International Rubber Study Group (IRSG), which publishes data on production, consumption, trade and prices covering both natural rubber (NR) and synthetic rubber (SR), estimates a sharp decline in the global rubber demand by 12.6% year-on-year…
Cooper Tire Serbia to increase production capacity by end-2020
The Serbian subsidiary of Cooper Tire has announced a US$8 million construction project to increase production capacity at its Kruševac tyre manufacturing plant. The project will increase the size of the Kruševac facility to more than 882,000 sq. ft., facilitate…
HR Ministry finds no evidence of forced labour at Top Glove
A raid carried out at Top Glove Sdn. Bhd.’s (Top Glove) Malaysian headquarters in Klang, just two days before the US Customs and Border Protection (CBP) issued a detention orderon imports from two Top Glove subsidiaries, found no trace of…
Wacker household, personal care silicones to be marketed under Liosil brand name
International supplier Wacker Chemie (Wacker) is to market its silicone-based products for household, consumer and sanitary paper products under the Liosil brand. The brand will include Liosil FC additives for fabric care, Liosil HC additives for household care,and Liosil TS…
Cattle mats produced from waste tyres offers effective first step recycling
Australian Owen Henry has developed an innovative solution to the mounting waste tyre problem in the country: cattle mats made from recycled tyres for use in farms. With funding assistance from Tyre Stewardship Australia, Taurus Mats was formed and custom-produces…
Arlanxeo moves hq to the Hague to be closer to parent company
Synthetic rubber maker Arlanxeo has moved its corporate headquarters from Maastricht to The Hague, Netherlands, in what it says is to forge closer ties with its parent company, Saudi Aramco. Arlanxeo was established in April 2016 as a joint venture…
Bridgestone acquiring German tyre distributor Reiff Reifen
The Bridgestone Corporation (Bridgestone) is acquiring German tyre retail, wholesale and retreading company Reiff Reifen & Autotechnik GMBH (Reiff) in a deal for UK-based Fintyre Group. FinTyre acquired Reiff in August 2017, however, according to insolvency administrators Jaffé Lawyers, the…
Covid-19: Pirelli to start operating Italian factories
Italian tyre maker Pirelli is preparing for a gradual return to activity at its factories on 4 May, starting off with a lower production level, due to the current reduced demand. The plan, it says, is aimed at ensuring the maximum…
Thai rubber authority to start JV for medical gloves production for COVID-19
The rising demand of medical gloves – attributed to the COVID-19 pandemic – will see the Rubber Authority of Thailand (RAOT) setting up a rubber glove and medical glove factory soon with an annual production capacity of 1.8 billion units.…