Industry News

Marangoni Tread North America to expand plant in Tennessee

January 7, 2019
Marangoni Tread North America to expand plant in Tennessee

Marangoni Tread North America, a full-service retread products supplier, is expanding its tread manufacturing plant in Tennessee, US to boost manufacturing capacity for current products, as well as that of a new line targeted for the second quarter of 2019.…

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Continental unveils new dandelion natural rubber factory in Germany

December 12, 2018
Continental unveils new dandelion natural rubber factory in Germany

Continental has just opened a research laboratory in Anklam, Germany, for their new innovative dandelion-plant based natural rubber. The company is the first in the world heavily invest in industrialising dandelion rubber. The new research laboratory, covering an area of…

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Wynnchurch Capital acquires Buchanan Rubber as part of growing distribution platform

December 12, 2018
Wynnchurch Capital acquires Buchanan Rubber as part of growing distribution platform

Chicago-based middle-market private equity investment firm Wynnchurch Capital has completed the acquisition of Buchanan Rubber Ltd, a Canadian leading distributor of industrial hoses, couplings, and sheet rubber. Buchanan will be part of a growing distribution platform that includes Anderson Metals,…

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SEA rubber producers to gather and discuss falling prices

December 10, 2018
SEA rubber producers to gather and discuss falling prices

Rubber producers from Thailand, Malaysia, and Indonesia will meet on the December 16 to discuss ways to improve current prices, including potentially curbing exports. Representatives from the three countries which comprise the International Tripartite Rubber Council (ITRC) will meet in…

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Nokian heavy tyres plans new R&D facility in Finland

December 6, 2018
Nokian heavy tyres plans new R&D facility in Finland

In 2019, Nokian Heavy Tyres will build a new research and development centre in Nokia, Finland. The modern R&D centre accelerates the testing phase of new tyre models, maintaining the premium quality that Nokian Tyres has been known for 120…

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Trelleborg expands tyre production of two-wheeled vehicles to India

December 6, 2018
Trelleborg expands tyre production of two-wheeled vehicles to India

Through the Trelleborg Wheel Systems business area, the company has decided to invest in a production facility in India for the manufacture of tyres for two-wheeled motor vehicles. The investment is aligned with Trelleborg’s aim to strengthen its positions in…

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Latexco expands its Georgia plant to accommodate increasing production

December 3, 2018
Latexco expands its Georgia plant to accommodate increasing production

Latexco’s ‘House of Comfort’ recently completed a major expansion that positions the company for more growth in the foam market. Latexco US added a 75,000 sqf facility to its 100,000 sqfplant and headquarters in Lavonia, Georgia, a move that will…

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Marangoni and Vipal form a partnership to advance organisation

November 30, 2018
Marangoni and Vipal form a partnership to advance organisation

Marangoni Spa and Borrachas Vipal SA are planning a partnership agreement that will boost synergies and productivity of both groups. Following through, will create the largest global independent player in the tyre retreading sector. The project will develop in 2019…

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Malaysia’s rubber export exceeds RM8 billion every year

November 29, 2018
Malaysia’s rubber export exceeds RM8 billion every year

Malaysia exports approximately 1.1 million tonnes of Standard Malaysian Rubber (SMR) products annually, bringing in between RM8 billion and RM9 billion in export revenue. Malaysian Rubber Board (MRB) Managing Director Datuk Dr. Zairossani Mohd Nor said there was no issue…

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Continental inaugurates new centre in Mississippi

November 26, 2018
Continental inaugurates new centre in Mississippi

Continental Tyre opened their latest company employee training centre in Clinton, Mississippi. Continental has invested approximately US$1.45 billion into the manufacturing site in Mississippi. “This a great day for Continental Tyre and the State of Mississippi,” Governor Bryant said. “This…

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Rubber Prices
(Last Updated: 18 Feb 2019)

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


Source: Latex India
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