VIETNAM calls on the Indian rubber industry to invest in the country and benefit from its natural rubber sector. Currently, Vietnam’s rubber consumption comprises only 15% of the more than 9 lakh tonnes of locally produced rubber. Recently, members of…
RHB Research optimistic on Malaysian glove sector
RHB Research is giving Malaysia’s glove sector an optimistic review, citing that the marker conditions are favourable. The research firm says it was Overweight on the sector, naming Hartalega, Top Glove , Kossan and Supermax as strong performers (in terms…
Hankook launches new i-Flex airless wheel and tyre
SOUTH KOREAN Hankook is featuring an innovative concept of airless wheel and tyre at an upcoming show in Frankfurt. The new non-pneumatic type tyre is made from polyurethane synthetics; the tyre, which is lighter weight than a regular wheel-and-tyre combo,…
Trelleborg finalises acquisition of new cryogenic technology
TRELLEBORG has signed and finalised an agreement, which will see its Trelleborg Industrial Solutions business area acquire cutting-edge cryogenic hose system technology from SBM Offshore, a leader in floating production and mooring systems. It will also enable Trelleborg to accelerate…
Thai farmers junk proposal for rubber export tax cut
TO BUFFER declining rubber prices, Thailand will temporarily scrap rid tax on rubber exports. The move is also meant to dissipate the tension amongst protesting farmers who are demanding a price subsidy for rubber. An estimated 20,000 protesters recently assembled…
Michelin introduces online agricultural tyre pressure calculator
FRANCE-headquartered tyre maker, Michelin unveils an online calculator available at their website, to check agricultural tyre pressure. Farmers and contractors can now calculate the optimum tyre pressures for their tractors, harvesters, sprayers and trailers. According to Michelin, it developed the…
Miers upgrades IT with SAP’s ERP system
RUBBER and plastics converter LJA Miers, has chosen SAP’s Business One ERP system, for its in-memory database Hana. Managing director Andrew Miers says their company will be the first in UK to implement SAP Business One, version for SAP Hana.…
ContiTech buys Metso’s conveyor belt unit
Hanover-based ContiTech Conveyor Belt Group is strengthening its conveyor belts business for industrial applications with the acquisition of Metso´s industrial conveyor belt operations based in Helsinki, Finland. Relating documents have been signed by both parties today. The transaction scope includes…
Vystar obtains EU patent for decreasing allergenicity of pre-vulcanisation NR latex
VYSTAR Corporation, the exclusive creator of the multi patented Vytex Natural Rubber Latex (NRL), announced that the European Patent Office issued a Decision to Grant Vystar’s patent application under European Patent Number 1 902 089 titled “Decreasing Allergenicity of Natural…
Hankook to build its first US facility
SOUTH KOREA’s Hankook Tire is setting up its first US plant, in bid to boost its presence in the country, the firm’s third largest market after China and Europe. The new plant will have an annual production capacity of 5m-10m…