Investments

Sumitomo bolsters rubber output at Saudi Arabia plant

June 27, 2012

Sumitomo Chemical announced that its Rabigh II Project in Saudi Arabia has been approved. The company will move ahead by finalizing various project elements, such as agreements for engineering, procurement and construction (EPC) and other project contracts, as well as…

Read more »

Pirelli buys Swedish tyre retail chain Däckia

June 19, 2012

According to Pirelli, the move is in line with its strategy of reinforcement on markets with strong growth in high-end, high margin segments.

Read more »

Sinopec Signs Cooperation Agreement with Sibur

June 19, 2012

The joint venture will use patents and technologies from Sibur to produce nitrile butadiene rubber and isoprene rubber

Read more »

LANXESS sets its sights on Turkey’s growing market

June 19, 2012

Lanxess officially opened its new subsidiary in Istanbul, Lanxess Kimya Ticaret Ltd. will manage the company’s business in this growing market in the future

Read more »

Walki opens Russian plant

June 14, 2012

Walki Group, which makes technical laminates including facings for rigid foam, has opened a plant in Svetogorsk, Russia. According to the company, the new plant is located at the ZAO International Paper pulp and paper mill, cementing further the group’s…

Read more »

Goodyear took full ownership of Nippon Giant Tire

June 11, 2012

Goodyear Tire & Rubber bought the majority stake in Nippon Giant Tire back in 1985, for an undisclosed sum. Now the company has acquired 100% ownership of its Nippon Giant Tire (NGT) subsidiary in Tatsuno, Japan. Goodyear has purchased the…

Read more »

Pirelli to Invest US$300 Million in Mexico

June 1, 2012

Pirelli inaugurated a new factory in Mexico, in Silao, in the state of Guanajuato. The new plant, Pirelli’s first in Mexico and the 22nd tire plant worldwide, is mainly focused on the premium segment, producing high performance and ultra-high performance…

Read more »

Nexen’s Changnyeong plant on stream

May 31, 2012

Nexen Tire Corp announced that its factory in Changnyeong, South Korea is now on stream. The light tyre factory, Nexen’s second in Korea and third overall, will produce 3 million consumer tyres in 2012. Next year, the company will double…

Read more »

Top Glove to spend on automation upgrades

May 31, 2012

Glove maker, Top Glove Corp Bhd announced that it will invest about RM40 million (approximately US$12.5 million) this year to upgrade its production lines as part of a strategy to mitigate the effects arising from the minimum wage to be…

Read more »

Tyre companies seek financial support

May 29, 2012

Two start-up companies, Galileo Wheel and SciTech Industries, are seeking support for their new tyre innovations: CupWheel and an airless tyre respectively. According to Avishay Novoplanski, Founder and Chief Technical Officer of Israel-based Galileo, the firm’s CupWheel tyre eliminates some…

Read more »

ICIS-banner ad

Rubber Prices
(Last Updated: 22 April 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
Flag Counter

Automotive

PRA ELECTRONIC ISSUE
PRA Mar/Apr 2019 issue

Click here & browse