The International Fund for Agricultural Development (IFAD) entered an agreement with the Sri Lankan government to fund the country’s small tea and rubber plantations through the Smallholder Tea and Rubber Revitalization (STARR) Programme. The STARR Programme will be implemented by…
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TrelleborgVibracoustic opens plant in Thailand
TrelleborgVibracoustic inaugurated a new plant in Rayong, Thailand last November 4, 2015. The site produces engine mounts, chassis mounts, and body mounts for local customers such as Ford, GM, Nissan, and Volvo. “With our new production site in Rayong, TrelleborgVibracoustic…
Titan International enters license agreement with Goodyear
Titan International, Inc. (TWI) entered into a licensing agreement with The Goodyear Tire & Rubber Company. The license agreement allows Titan to distribute and sell Goodyear-brand farm tires in Europe, the Middle East, Africa, Russia and other Commonwealth of Independent…
Goodyear will redeem US$1 billion in senior notes
The Goodyear Tire & Rubber Company today announced it will redeem all of its outstanding US$1 billion in principal amount of 8.25% senior notes due 2020 on December 7, 2015. The redemption price will be 104.125% of the principal amount…
Cimcorp unveils Dream Factory solution
Cimcorp announces the expansion of its Dream Factory solution to include the handling of raw materials and compound products. The manufacturer of robotic tire-handling systems said the end-to-end solution included an optimised layout with 50% less floor space than conventional…
Mindanao to be Philippine manufacturing hub
Mindanao, an island group in the Philippines, supplies 99% of country’s rubber production. The island group will be positioned as a rubber manufacturing hub at Philippine Rubber Investment and Market Encounter’s (PRIME) in Davao City on November 10 to 11.…
DuPont combines business units
DuPont announced that four of its businesses will be consolidated into two. DuPont Packaging & Industrial Polymers business will combine with DuPont Performance Polymers business. While DuPont Protection Technologies business will combine with the DuPont Building Innovations business. Both consolidations…
Tyrexpo Series goes to Africa
Tyrexpo Series is holding the sixth edition of Tyrexpo Africa 2016 in the Sandton Convention Centre in Johannesburg on March 8 to 10, 2016. Tyrexpo Africa 2016 brings in its latest format, new focuses on three additional product segments –Automotive…
Continental calls for supervision of the EU tyre label
International tyre manufacturer Continental is calling for improvements to inadequate market supervision systems in Europe. The company says the latest winter tyre test conducted by German automobile club ADAC and consumer watchdog Stiftung Warentest documents the lack of effective monitoring…
India adds incentive to boost NR exports
The Indian government added RSS (Ribbed Smoked Sheet) and TSR (Technically Specified Rubber) in Merchandise Export from India Scheme (MEIS) which would make them eligible for an incentive at the rate of two per cent for exports to 169 countries.…