Category: Pan-Asia

South and East Asia rubber news

Solvay and Hankook tie-up for circular silica

Belgian chemical firm Solvay and South Korean tyre maker Hankook announced the signing of a Memorandum of Understanding (MOU) to collaborate on the development of circular silica coming from biosourced and waste sourcing for tire production. This partnership combines Solvay’s silica expertise and…

ZC Rubber starts up Indonesian plant

China’s ZC Rubber recently commemorated the start up of Phase I of its production at its Indonesian manufacturing plant, PT. Matahari Tire Indonesia (MTI), located in Kendal Industrial Park, Central Java. The US$280 million facility, ZC Rubber’s second overseas plant,…

Bridgestone to invest US$85 mn in Indian car tyre plants

Bridgestone India Private Ltd. (BSID), a subsidiary of Bridgestone Corporation (Bridgestone), recently announced a strategic growth investment to expand capacity and capability in India. The investment will be directed to the Bridgestone Pune Plant and the Indore Plant to reinforce the…

Freudenberg moves sealing plants to new location in India

Germany-based sealing firm Freudenberg Group recently inaugurated two advanced manufacturing facilities in Morinda, Punjab, India, covering a total built-up area of 40,700 sq m. These plants are operated by Freudenberg-NOK India Pvt. Ltd. (FNI) and Vibracoustic India. The strategic move…

Sailun to build US$110 mn industrial park in Cambodia

Chinese tyre manufacturer Sailun has announced it is building an industrial park in Cambodia called the “Cambodia Kampot Special Economic Zone Project”, according to a report in the Khmer Times. Furthermore, Sailun said that it is preparing to set up…

Lotte to liquidate PBR jv in Malaysia

South Korean petrochemical firm Lotte Chemical Corp. says it plans to liquidate its rubber joint venture in Malaysia to scale back its basic chemicals business while selling stakes in its overseas units to raise nearly US$1 billion to cut debt. Lotte Chemical has…