Investments

Cooper seals business deal

January 21, 2012
Cooper seals business deal

US-based supplier of systems and components for the automotive industry Cooper Standard has acquired the automotive sealing business of Italian supplier Sigit, which operates in Italy and Poland. Sigit sealing has supplied the automotive industry since 1966 and currently supplies…

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Deals pave the way for asphalt market in China

January 21, 2012
Deals pave the way for asphalt market in China

US firm Guggenheim Global Infrastructure (GGI) has acquired a majority stake in China-based asphalt rubber (AR) specialist King Tech International (KTI). GGI says the buy is a strategic fit since China has an ongoing need to expand its road network.…

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Asahi en route to second SSBR plant

December 30, 2011
Asahi en route to second SSBR plant

ANOTHER Japanese supplier Asahi Kasei Chemicals will construct a second plant in Singapore to produce solution-polymerised styrene-butadiene rubber (S-SBR), with capacity of 50,000 tonnes/year. The new plant will be located adjacent to an S-SBR plant of the same capacity which…

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Weir reaches out to India

December 30, 2011
Weir reaches out to India

UK-based Weir Group, which has interests in mining and engineering services in India, has invested INR60 crore to set up a 200 tonne/year-rubber facility in Bangalore to serve the requirements of the domestic mining industry. The new facility has precision…

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Resin supplier eyes Western markets

December 30, 2011
Resin supplier eyes Western markets

SINO Legend (Zhangjiagang) Chemical, the largest Asian manufacturer of resins for the tyre and rubber markets, plans to expand into the US and European markets, with possibility of setting up facilities there. Red Avenue Chemical is serving as Sino Legend’s…

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MHI subsidiary to focus on rubber machines

December 30, 2011
MHI subsidiary to focus on rubber machines

MITSUBISHI Heavy Industries (MHI) will establish a new subsidiary to handle the industrial machinery business, including material handling systems and rubber and tyre machinery, effective April 2012. The new company, to be wholly-owned by MHI, will be created by integrating…

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Joint venture silica plant started up

October 29, 2011
Joint venture silica plant started up

WACKER Chemie and Dow Corning have inaugurated the second phase of their joint pyrogenic silica plant in Zhangjiagang, China. The pyrogenic silica plant, together with a siloxane plant, is a key facility of the Dow Corning-Wacker integrated silicone manufacturing site…

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Rubber index introduced

October 27, 2011
Rubber index introduced

GLOBAL information supplier Platts has launched a Natural Rubber Index (RBX), which comprises daily physical spot price assessments for Technically Specified Rubber Grade 20 (TSR 20) and Ribbed Smoked Sheets Grade 3 (RSS 3) grades of natural rubber. It reflects…

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Desma expands in China

October 27, 2011
Desma expands in China

HAVING been in the Chinese market since 2007, rubber injection moulding machine maker Desma has built up a market share of 10% in the country. In order to meet growth expectations, the German firm has now set up an office…

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Carbon black plant in China

September 26, 2011
Carbon black plant in China

US-based Cabot has opened a new Chinese masterbatch plant to cater to demand from Asia Pacific. It invested US$20 million in the black masterbatch plant located at its Tianjin facility, which is a joint venture with Shanghai Coking and Chemical,…

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Rubber Prices
(Last Updated: 17 Oct 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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