The workforce of the Rubber Industry Smallholders Development Authority (RISDA) which produces innovative and creative products must ensure that their products benefit smallholders. Minister of Rural and Regional Development Datuk Seri Ismail Sabri Yaakob said the products should also be…
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Avery Dennison launches new vulcanised heat-supporting tyre labels
Avery Dennison has created a label which is engineered to bond with the tyre during the vulcanisation process and maintain lifelong adhesion and readability. The drive for efficiency and quality in tyre manufacture has sparked demand for a new kind…
Michelin MotoGP deal extended until 2023
French tyre manufacturer Michelin will continue to be the exclusive supplier of tyres to the MotoGP world championship until the end of 2023 after agreeing a new five-year deal with commercial rights holders Dorna Sports. Michelin took over from Bridgestone…
Shares of Top Glove, Supermax and Adventa dropped sharply
Shares of Top Glove, Supermax and Adventa fell sharply. This came after Top Glove’s head honcho made it clear that the company was not buying Adventa or Supermax. Top Glove, in a filing with Bursa Malaysia, clarified that it was in…
Vietnam Rubber Group plans to raise $563 million in share sale
State-run Vietnam Rubber Group (VRG) has approved a plan to sell 25 % of the company in an initial public offering, worth an estimated 12.8 billion dong (US$563 million). The sale is part of Vietnam’s plans to trim stakes in…
Motion Industries acquires US hose and belting company
Motion Industries has entered into a definitive agreement to acquire Apache Hose & Belting Company, with an effective close date of November 1. Iowa-headquartered Apache, specialises in value-added fabrication of belts, hoses and cut and moulded products used in a…
Researchers clinch Wacker award for developing high-temp resistant silicone fluids
Munich-based chemical company, Wacker Chemie AG recently presented the “Alexander Wacker Innovation Award” to Erich Schaffer, Dr Steffen Dörrich, Dr Florian Hoffmann and Dr Harald Voit for their research into the behaviour of silicones at high temperatures. The four specialists…
ETRMA welcomes adoption of GEAR 2030 report
The European Tyre & Rubber Manufacturers’ Association (ETRMA) has welcomed the adoption of the Report of the High Level Group on the Competitiveness and Sustainable Growth of the Automotive Industry in the European Union (GEAR 2030). The EU’s automotive sector…
Cabot Corporation launches Asia Technology Center
Cabot Corporation has launched its new 4,500-square-meter Asia Technology Center in Shanghai, China. The company said the center will enhance its application development capabilities and will provide a state-of-the-art collaboration platform to deliver innovative solutions to customers throughout Asia Pacific. Cabot said…
Malaysia’s natural rubber output in August increased by 11.1 %
The Department of Statistics recently announced that Malaysia’s natural rubber production in August 2017 increased by 11.1% to 61,252 tonnes against 55,121 tonnes in the previous month. The department said in a statement today, the main contributor of natural rubber…