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Continental to go ahead with changes; Powertrain to be spun off in part-IPO

Having announced one of the largest organisational changes in the company’s history earlier this month, https://rubberjournalasia.com/continental-to-realign-structure-spin-off-powertrain-and-possible-ipo-of-rubber-unit/, the Supervisory Board of automotive parts/tyres maker Continental has given the go ahead. With this approval, a new holding structure of Hanover-headquartered Continental will…

Ford sets up self-drive subsidiary; investment of US$4 bn

US automotive company Ford Motor Company has created Ford Autonomous Vehicles LLC, a new organisation charged with accelerating its self-driving business. It will include Ford’s self-driving systems integration, autonomous vehicle research and advanced engineering, AV transportation-as-a-service network development, user experience,…

Omsk Carbon to start up Belarus plant

Russian carbon black producer Omsk Carbon Group (OCG) is planning to start the first phase of its carbon black production plant in Mogilev, Belarus, this year in September. The EUR95 million plant is being launched two years late as a…

TARRC celebrates its 80th anniversary in the UK

The Tun Abdul Razak Research Centre (TARRC), the UK research and promotion centre of the Malaysian Rubber Board, recently held a ‘Gateway to the Malaysian Rubber Industry Open Day’ to celebrate its 80th Anniversary at its laboratories at Brickendonbury, Hertford.…