Author: admin

Equistone sells stake in Karl Eugen Fischer tyre machinery maker

Independent investment firm Equistone Partners Europe has sold its share in tyre making machinery manufacturer Karl Eugen Fischer as part of a management buyout supported by Deutsche Beteiligungs AG (DBAG). Germany-based Karl Eugen Fischer develops and manufactures chord cutting machines used in the…

Liberia opens its first rubber processing plant

Liberia’s first 100% locally-owned rubber plant, located in  Blagai, Bomi Highway, was recently inaugurated in the country. The Cooper Rubber Processing Plant (CRPP) will manufacture retreaded tyres, roofing materials, electrical insulators, fixtures PVC pipes, fittings, and rubber gloves. The plant is…

Toyo Tire takes tyre development to the next level

Toyo Tire & Rubber Co. has developed a proprietary new technology for the simulation of tyre aerodynamics known as Mobility Aerodynamics that applies aerodynamic flow simulations. The technology will be effective for the company in designing “tyres having the excellent…

Hartalega launches world’s first antimicrobial glove

Malaysian glove company Hartalega Holdings Bhd has launched what it says is the world’s first non-leaching antimicrobial glove. The nitrile glove maker says it has invested over US$10 million, over a period of six years, to develop its antimicrobial glove,…

Continental bans social media use over data protection fears

Citing data privacy concerns, German technology company Continental has banned its employees from using WhatsApp and Snapchat on company-issued mobile devices over concerns that the apps may leak confidential information to third parties. The company said the apps “have deficiencies…