Italian tyre maker and distributor Pirelli has launched “Being Fast Takes Time,” a website dedicated to promoting public awareness of natural rubber (NR). The digital report- told through 30 black and white images, videos and other elements, including a logbook…
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Malaysian government to allocate RM42 mn for rubber smallholders
The Malaysian Finance Ministry, after being alerted by the Sabah Government and the Sabah Rubber Industry Board (LIGS), has announced a welfare aid totaling RM42 million for rubber smallholders in Sabah following the monsoon season. The sum will be distributed…
Hella furthers its presence in China; ties up with partners
In line with its focus on the Chinese market, German automotive parts supplier Hella has signed further cooperation agreements at the recent Auto Shanghai motor show in China. “China is and remains one of the key automotive markets for Hella,”…
Cambodian rubber exports increase despite declining global prices
The Cambodian General Directorate of Rubber under the Ministry of Agriculture, Forestry and Fisheries reported a 23% increase in rubber exports with an average price of US$1,279 per tonne for the first quarter of 2019–about US$61 million in revenue. The…
Boge expands production of vibration control systems in China
China’s automotive industry is growing rapidly and manufacturing plants are quickly cropping up around China. Germany-based supplier of vibration control technology and plastic solutions for the automotive industry, Boge Rubber & Plastics, is jumping on the bandwagon too, and will…
Michelin Air X tyres chosen for Japanese ANA’s new Airbus A380
The Michelin Air X radial tyres will be fitted on Japanese All Nippon Airways’ (ANA) Airbus A380 aircrafts – the tyres feature Michelin’s Near Zero Growth (NZG) technology designed to ensure minimal tyre growth.ANA has purchased three A380 aircrafts, the…
Continental focuses on technologies for electric vehicles
Continental is banking on China as the country leads the development of electric mobility – the German technology company is providing new vibration control technologies to the Chinese electric vehicle market. Yimin Zhu, Head of R&D at Continental China has…
Oqema acquires chemical distributor EVS
German chemical distribution company Oqema Group has acquired Italian chemical firm Elettrochimica Valle Staffora (EVS). EVS’s business line covers the full organic and inorganic product ranges in the following business lines: industrial, food, pharmaceuticals and cosmetics, water treatment, and rubber…
Global automotive tyre market to be valued at $645bn by 2027
The global automotive tyre market expects an overall robust growth rate during the forecast period with a CAGR of 6.3% and will have an anticipated value of about US$645 billion by end-2027. Passenger vehicles are expected to lead the global…
Kobe Steel takes over L&T jv in India
Japanese rubber machinery maker Kobe Steel has taken full control ofits Indian tyre/rubber machinery joint venture, L&T Kobelco Machinery (LTKM). LTKM began as a joint venture in 2010 with 51% held by Indian firm Larsen & Toubro and the remaining…