AkzoNobel announced the €5 million divestment of its 50 percent share in non-consolidated joint venture Eka Synthomer Oy, to Synthomer. The divestment of these shares follows a strategic review of the businesses within AkzoNobel’s portfolio. Commenting on the transaction, Niek…
Northern Thailand farmers urges state-run organisation to buy rubber
A rubber farmers’ network in Phayao has urged the government to intervene in the market in an attempt to lift the prices of rubber sheets to 60 baht a kilogramme from 47 baht currently. Northern growers want the state-run Rubber…
SRI supplies tyres for Toyota’s premium Lexus RC
Sumitomo Rubber Industries (SRI) is pleased to announce that we have begun supplying our high-performance DUNLOP “SP SPORT MAXX 050” and “SP SPORT 5100” tires to Toyota Motor Corporation for their new “Lexus RC,” which goes on sale worldwide this…
Dow Corning specialists to share knowledge at IFSCC Congress
Dow Corning experts will share their knowledge in a podium presentation featuring “in vitro and in vivo test methods to demonstrate the soft focus effect of silicone in an oil-in-water emulsion.” The presentation, from Anne-Marie Vincent, Dow Corning’s Beauty and…
Hercules reveals new radial trailer tyre
Hercules Tire’s Ironman ST-SVP radial trailer tyre is now available. According to the company, the tyre is an economic choice for trailers, offering the following features and benefits: Specially formulated tread compound prolongs tread life Dual steel-belted construction increases strength,…
Cambodia reports export increase on dry rubber
Cambodia has seen a 29-percent increase in dry rubber exports in the first nine months, but revenues dropped 9 percent due to global decline of rubber price, the Ministry of Commerce said on Saturday. During the January-September period this year,…
SRI reports Falken to display at 2014 SEMA Show
The Sumitomo Rubber Group is pleased to announce that FALKEN Tire Corporation, our North American tire sales division, will have a display booth at the 2014 SEMA Show in Las Vegas this coming November 4th through 7th. Sponsored by the…
Songwon to supply additives to Sibur
South Korean additives supplier Songwon Industrial and its distributor United Trading System (UTS) have signed a long-term cooperation agreement to supply the Russian petrochemical company, Sibur with additives used in polypropylene, polyethylene, rubbers, thermoplastic rubbers and PVC. Under the agreement,…
Bridgestone inaugurates new tyre plant in Vietnam
According to the consultant McKinsey, the global automotive market is expected to grow until the year 2020, with the industry recording profits of EUR79 billion, up from EUR54 billion in 2012. Thus, Bridgestone Asia Pacific (BSCAP) has opened its plant…
GAPKINDO urges members to limit sales of rubber
Indonesia’s main rubber group has asked its members to impose strict limits on sales until the second quarter of 2015, an official said on Thursday, the second attempt in less than a month to support prices by the world’s second-biggest…