Trelleborg will be investing in a new state-of-the-art sealing solutions production facility in Denmark through its Trelleborg Sealing Solutions business area. The company will be relocating its current manufacturing facility in the new one in Denmark. The move is intended…
India’s rubber articles exports to grow 10% due to rising US, EU demand
India’s export of rubber articles is expected to grow by more than 10% in the current financial year due to a sharp increase in demand from the US and the European Union (EU). Over 6,000 units involved in the business…
Indorama Ventures acquires textile producer DuraFiber Technologies
Global chemical producer Indorama Ventures Public Company Limited (IVL) is further strengthening its automotive segment through its successful acquisition of DuraFiber Technologies México Operations, S. A. DE C. V. (DFT), a leading Mexican producer of durable technical textiles for industrial,…
Tennessee, US approves US$28 mn grant for Nokian Tyres Dayton factory
Government officials in the state of Tennessee in the US have proved their commitment to Finnish tyre manufacturer Nokian Tyres with the approval of a US$28.42 million state infrastructure grant in support of the company’s US$360 million planned Dayton tyre…
Harvard researchers develop tough, self-healing rubber
A new kind of rubber that can repair itself but is also as tough as natural rubber has been developed by researchers from the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS). The researchers at SEAS are…
ITRC to meet in Thailand to discuss price drops, export curbs
The International Tripartite Rubber Council (ITRC), made up of the world’s top producers of natural rubber Thailand, Indonesia and Malaysia, will meet in September in Thailand to discuss the recent decline in rubber prices and possible export curbs that could…
Bridgestone to invest over US$300 mn for two plant expansions in India
Multinational auto and truck parts manufacturer Bridgestone Corporation, through its subsidiary Bridgestone India Pvt. Ltd., is investing US$304.3 million for the expansion of two of its tyre plants in India. The investments for both the Pune (Chakan) and Indore (Kheda)…
Sumitomo Rubber to produce medical rubber parts in new Slovenia facility
Japan-based global tyre and rubber company Sumitomo Rubber Industries, Ltd. (SRI) is expanding its global presence with the establishment of a new production facility in central Slovenia that will manufacture rubber parts for medical applications. The investment amount for the…
Malaysia expecting record-breaking year for rubber glove exports
Malaysia is anticipating a record-breaking year for its rubber glove exports sector as it showed a 25% growth to RM7.95 billion during the first six months of this year from RM5.28 billion in the same period in 2016. The country’s…
Malaysia to conduct replanting exercise for rubber trees
Malaysia will be conducting a massive replanting exercise for rubber trees in order to keep up with the growing global demand for rubber wood-based furniture, worth around RM10 billion. Announcing the revival of the Malaysian rubber industry, Plantation Industries and…