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Toyoda Gosei to set up airbag plant in South China

Due to the growing automotive market in China, Toyoda Gosei Co., Ltd. will establish a new plant in Guangdong Province to enhance its production network for airbags and steering wheels, which are its major products in the country. The new…

Nokian to expedite expansion in Europe

Since the war in Ukraine has caused high uncertainty related to Nokian Tyres’s operational environment and manufacturing capacity, the company expects to expedite its plans to invest in new production capacity in Europe. Therefore, the Board of Directors of Nokian…

Bridgestone awarded US grant to advance guayule research

After more than a decade of conducting and investing US$100 million into research on guayule as an alternative to natural rubber for tyres, tyre maker Bridgestone Americas (Bridgestone) has been awarded a research grant by the US Department of Energy (DOE) Joint…

Malaysia’s glove sector ready for endemic stage

With Malaysia, the largest producer of gloves in the world, set to open its borders on 1 April, the Malaysian Rubber Glove Manufacturers Association (MARGMA) has welcomed the government’s move to transition to the endemic stage of the two-year pandemic…

Indian Oil to construct PBR plant in India

Indian Oil Corp (IOCL) has said that it plans to build a 60 kilotonne-per-annum (ktpa) polybutadiene rubber (PBR) plant at its existing naphtha cracker complex in Panipat, north of Delhi. IOCL is said to be investing around US$190 million in…