Investments

US firm moves from China to its home base

July 18, 2011
US firm moves from China to its home base

WHILE most companies seek low-cost production bases, US-based tyre recycling company Tire International is moving its operations out of China and investing US$25 million to set up a recycling and manufacturing facility in Berkeley County. It has set up a…

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Apollo lands in Sri Lanka and the Middle East

July 18, 2011
Apollo lands in Sri Lanka and the Middle East

TO get a foothold in the Sri Lankan market, India’s largest tyre manufacturer Apollo Tyres has tied up with Ideal Motors, the automotive distribution and marketing arm of Ideal Group. One of Sri Lanka’s fastest growing automotive majors with a…

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Kraton looks for Asian site for facility

June 23, 2011
Kraton looks for Asian site for facility

US company, Kraton Performance Polymers, will soon decide where it will locate its Asian facility for HSBCs (hydrogenated styrenic block copolymers). Expected to start up by 2013, the facility will have a capacity of 30 kilotonnes. Though it planned for…

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Vystar revenues, net loss increase, but EBITDA improves

June 8, 2011
Vystar revenues, net loss increase, but EBITDA improves

ATLANTA -Vystar Corp. has posted a 43-percent rise in revenues and its net loss increased to $1.06 million in its first quarter of 2011, although the firm’s EBITDA showed a 6-percent improvement. The company’s sales rose 43 percent to $119,039…

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Hose plant in China

June 8, 2011
Hose plant in China

JAPAN-based Yokohama Rubber will construct a plant specialising in the production of highpressure hydraulic hoses in Hangzhou Construction is expected to start this year and the plant will start-up with a volume of 400,000 m/month in 2013. Yokohama Rubber is…

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ColorMatrix buys LSR specialist

June 8, 2011
ColorMatrix buys LSR specialist

US-based additive, colourant and dosing equipment supplier ColorMatrix has bought Gayson Silicone Dispersions, a dispersion specialist in high consistency rubber (HCR), liquid silicone rubber (LSR) and room temperature vulcanisation (RTV) silicone. It caters to automotive/aerospace parts,airbag coatings, healthcare, cosmetics, household…

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Formosa invests in Chinese rubber industry

March 18, 2011
Formosa invests in Chinese rubber industry

Taiwan-based Formosa Plastics will invest US$300 million to set up a synthetic rubber plant in Ningbo, Zhejiang province. Construction of the plant will begin this year with production to start in two years. Initially the plant will produce 50,000 tonnes/year…

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International Rubber Prices

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


Source: India Rubber Board

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