Industry News

US/China trade war escalates to tariffs on Chinese tyres/rubber products

July 19, 2018
US/China trade war escalates to tariffs on Chinese tyres/rubber products

In the on-going trade “war” between China and the US, the Office of the US Trade Representative has stated that almost all tyres imported from China, as well as quite a few rubber products, polymers and other raw materials important…

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Continental to realign structure: spin off powertrain and possible IPO of rubber unit

July 19, 2018
Continental to realign structure: spin off powertrain and possible IPO of rubber unit

German company Continental, which makes automotive parts and tyres, has decided to undertake what it says is one of the largest organisational realignments in the company’s history, to spin off its powertrain unit, by breaking up the company into three…

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Birla Carbon to expand capacity in locations globally

July 18, 2018
Birla Carbon to expand capacity in locations globally

India’s Birla Carbon has announced expansions in multiple regions to support customers in the growing carbon black market. It will undertake significant debottlenecking at its factories in Egypt and Italy before the end of Q3 2018; restart a production line in…

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Kuraray, PTT, and Sumitomo launch jv company in Thailand

July 18, 2018
Kuraray, PTT, and Sumitomo launch jv company in Thailand

Japanese chemical maker Kuraray Co, Thailand-based PTT Global Chemical Public Company and compatriot Japanese chemical company Sumitomo Corporation recently held an opening ceremony for a joint venture company, Kuraray GC Advanced Materials Co, set up to operate in Thailand. Kuraray…

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Kumho to up capacity of butadiene latex in South Korea

July 17, 2018
Kumho to up capacity of butadiene latex in South Korea

South Korea’s Kumho Petrochemical says that it has started the expansion for acrylonitrile butadiene latex (NB latex) at its facility in Ulsan, South Korea, from 400,000 tonnes to 550,000 tonnes/year. With this expansion, Kumho says it will further consolidate its…

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Sumitomo/Dunlop Tech open technical centre in Germany

July 17, 2018
Sumitomo/Dunlop Tech open technical centre in Germany

Sumitomo Rubber Europe and Dunlop Tech have officially opened a technical centre, after a year of construction. The 30,000 sq m building in Hanau-Steinheim, Germany, houses facilities for tyre development and testing, production of liquid latex and tyre pressure monitoring system design.…

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AB completes expansion of R&D site

July 17, 2018
AB completes expansion of R&D site

US-based speciality silicone maker AB Specialty Silicones says it has completed a significant renovation and expansion of its R&D and QA location tripling the area. Additional laboratory facilities and equipment have increased technical capabilities for product analysis and performance matching…

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Michelin buying Camso for US$1.4 bn; to bolster speciality business

July 16, 2018
Michelin buying Camso for US$1.4 bn; to bolster speciality business

French tyre maker Michelin says it is buying Canadian firm Camso for US$1.45 billion to generate US$55 million of cost savings and increased sales by 2021. Camso, which averages net sales of US$1 billion, designs and manufactures off-the-road (OTR) material…

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Sempertrans launches facility in the US

July 16, 2018
Sempertrans launches facility in the US

Sempertrans, which is part of the Austrian rubber/plastic company Semperit, recently celebrated the official opening of its new Atlanta location together with distributors and end-customers. While the Sempertrans USA team moved into the new location in Georgia in December 2017,…

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New mining tyres from Michelin for extreme conditions

July 13, 2018
New mining tyres from Michelin for extreme conditions

Michelin North America says it is launching its most aggressive answer for underground mining (UGM) tyres, specifically made for loaders and transport machines operating in extreme conditions. Available immediately, the X Mine D2 Pro and the XSM D2+ Pro Line are designed with…

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Rubber Prices
(Last Updated: 16 Aug 2018)

Monthly The prices shown above do not include VAT @4% on purchase and expenses towards packing, transportation, warehousing  and other incidentals


Source: Latex India

Automotive

PRA ELECTRONIC ISSUE
PRA 2018 August

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