Industry News

Cabot unveils new brand identity, product incubator

March 15, 2013
Cabot unveils new brand identity, product incubator

CABOT Corp. has unveiled a new corporate brand identity that emphasises the company’s strengths as a global leader in specialty chemicals and performance materials. “Our customers choose Cabot because they understand we provide more than just a product,” said Patrick…

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RTA welcomes Salvadori into its fold

March 12, 2013
RTA welcomes Salvadori into its fold

MACHINE manufacturer Salvadori Srl has signed up to the US-headquartered Retread Tire Association (RTA) as its 300th member. Harvey Brodsky, Managing Director of RTA welcomes teh addition to the RTA fold, saying that other members will also benefit from their…

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Synthos on a high

March 8, 2013
Synthos on a high

Synthos SA, the rubber maker controlled by Polish billionaire Michal Solowow, surged to an 11-month high after proposing a record dividend. The manufacturer of synthetic rubber used for production of tyres will return to its owners a total of US$315…

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Continental achieves higher sales, amidst a gloomy outlook

March 8, 2013
Continental achieves higher sales, amidst a gloomy outlook

German firm Continental Corporation has set new records last year, against the back of a difficult market environment, achieving a profit of EUR1.9 billion and 7.3% higher sales to EUR32.7 billion and EUR25 billion in incoming orders. The firm says…

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Import levy hike will only benefit China, Indian rubber groups warn

March 7, 2013
Import levy hike will only benefit China, Indian rubber groups warn

THE government’s proposed 70% import tax hike for natural rubber (NR) is nor welcomed by tyre and non-tyre manufactures in India. They allege that it will further harm the local manufacturing sector, conversely giving competitive edge to importers of finished…

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Bridgestone is folding up tyre plant in Italy

March 7, 2013
Bridgestone is folding up tyre plant in Italy

ZAVENTEM-headquartered Bridgestone Europe is closing down its passenger car tyre production facility in Bari, Italy within the first half of 2014. The Bari plant, fully owned by Bridgestone Italia S.p.A., is one of eight Europe-sited Bridgestone tyre plants. Bridgestone assured…

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Tamil Nadu Tyre Dealers Association to join in Tyrexpo

March 6, 2013
Tamil Nadu Tyre Dealers Association to join in Tyrexpo

THE Tamil Nadu Tyre Dealers Association (TNTDA) will be exhibiting at the upcoming Tyrexpo India to be held 9-11 July at the Chennai Trade Centre. This was announced by the show’s organiser, ECI International. In support of the tyre show,…

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Eni faces millon euro penalties for cartel rap

March 6, 2013
Eni faces millon euro penalties for cartel rap

AN additional EUR90.75 million (US$118.64 million) fine has been charged to Italian oil and gas firm Eni for its role in a 2006 synthetic rubber cartel case, according to EU antitrust regulators. Earlier, in 2006, the European Commission penalised Eni…

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French Industry Minister gets flak from Titan

March 4, 2013
French Industry Minister gets flak from Titan

TITAN International Inc. and the French industry minister have been exchanging tirades, with the latter accusing the former of being “insulting” and “extremist”. Arnaud Montebourg, France’s Minister of Industry and Growth has accused Maurice Taylor, CEO of US tyre maker…

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Singapore to stage Tyrexpo Asia 2013

March 2, 2013
Singapore to stage Tyrexpo Asia 2013

SINGAPORE is set to take centre stage for the largest gathering of tyre and equipment suppliers ever assembled for the Tyrexpo Asia 2013 to be held 19-21 March at the Singapore Expo Centre. The show will become a host to…

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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

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