Investments

European JV to set up ELT plant in Danish port

February 7, 2019
European JV to set up ELT plant in Danish port

The prospective joint venture (jv) Elysium Nordic Apof  Denmark’s WindSpace A/Sand Sweden’s Enviro has signed a lease agreement with Associated Danish Ports (ADP) for a site in Nyborgharbour on Funen, Denmark for material recovery of end-of-life tyres (ELT). The lease…

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Phillips Carbon Black to set up 1,50k-tonne unit in South India

January 24, 2019
Phillips Carbon Black to set up 1,50k-tonne unit in South India

Phillips Carbon Black (PCBL), India’s largest carbon black producer and exporter has shortlisted three locations, Tamil Nadu, Andhra Pradesh and Telangana for its 1,50,000-tonne carbon plant. The new plant will have an investment of Rs 600-620 crore. There have been…

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Chinese rubber chem producer gets nod for TBBS project trial run

January 23, 2019
Chinese rubber chem producer gets nod for TBBS project trial run

Shandong Sunsine Chemical Co, Ltd, a wholly owned subsidiary of  China Sunsine Chemical Holdings Ltd,  a specialty rubber chemicals producer and global leader in the production and supply of rubber accelerators obtained the Government’s approval for the trial run of…

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Shepherd to expand European ops

January 22, 2019
Shepherd to expand European ops

US-based lubricant additives firm Shepherd Chemical is investing US$8.5 million to expand its Mirecourt, France European operation. The projected growth path at the Mirecourt location includes the addition of a third reactor, a new warehouse, and upgraded R&D pilot facilities.…

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AirBoss expands mixing capabilities in US, Canada plants

January 18, 2019
AirBoss expands mixing capabilities in US, Canada plants

Canada-headquartered AirBoss of America Corp’s Rubber Solutions segment is expanding its mixing capabilities at its plants in Scotland Neck, North Carolina and Kitchener, Ontario. The company, which develops, manufactures and markets high-quality, proprietary rubber-based products to various industries, including automotive,…

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Enviro, Treadcraft extend partnership; plan jv for a new recycling plant

January 11, 2019
Enviro, Treadcraft extend partnership; plan jv  for a new recycling plant

Sweden-headquaretred Scandinavian Enviro Systems, a company developing, building and operating industrial plants for material recovery from End of Life Tyres (ELT); and Canadian recycler Treadcraft Limited extend the MoU that was signed on 29 June, 2018 by six months. The…

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Top Glove to set up plant in Turkey; on expansion spree to boost capacity

January 9, 2019
Top Glove to set up plant in Turkey; on expansion spree to boost capacity

Top Glove Corporation Bhd, the world’s largest manufacturer of rubber gloves, may expand its business in Turkey. According to founder Tan Sri Lim Wee Chai, the Malaysia-headquartered company has planned to establish a factory in Turkey, which imports 70% per…

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Hutchinson acquires Midé Technology

January 9, 2019
Hutchinson acquires Midé Technology

France-based global leader in vibration control, fluid management and sealing system technologies, Hutchinson SA, is acquiring Midé Technology Corporation, an engineering company based in Medford, Minesotta, US. Midé Technology specialises in smart material technology and mechatronics. The acquisition is subject…

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Avon Rubber’s RPE business secures US DoD US$92 mn supply contract

January 8, 2019
Avon Rubber’s RPE business secures US DoD US$92 mn supply contract

UK-headquartered Avon Rubber’s respiratory protective equipment (RPE) business, Avon Protection has been awarded a sole source contract to supply the US  Department of Defence (DoD) with the M69 Joint Service Aircrew Mask for Strategic Aircraft, related accessories and engineering support. The…

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Rehau completes acquisition of Swiss rubber and polymers supplier

January 8, 2019
Rehau completes acquisition of Swiss rubber and polymers supplier

Rehau Verwaltungszentrale, a Swiss holding company of the Rehau Group, a leading systems and service provider for polymer-based solutions in the construction, automotive and industrial sectors has successfully completed the acquisition of MB Barter & Trading AG (MBT), a Swiss,…

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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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