On the occasion of this year’s IRC (International Rubber Conference) in Nuremberg (29th June to 2nd July 2015, hall 12, stand 264) KraussMaffei Berstorff will exhibit a straight-through extrusion head with hydraulic tool centering system and X-ray measuring device. This…
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Goodyear introduces tyres containing next-Generation silica
The Goodyear Tire & Rubber Company has begun using a next-generation silica to increase the fuel-efficiency of its tyres. This new silica will be first used in the Goodyear EfficientGrip SUV tyre, which is being launched this month in Latin…
Research and Markets: Thailand rubber market analysis 2015 report
The global market is currently in its fourth year of surplus of natural rubber. The excess supply situation has caused stocks to pile high and prices are falling steadily. It is estimated that global rubber production which reach 11.18 million…
China may buy Thai rubber at price above market value
After leading a mission of Thai officials to Kunming, China, for a second meeting on agricultural-product co-operation, Commerce Minister Chatchai Sarikulya said yesterday that Thailand would soon get good news about selling big lots of rubber and rice under closer…
Increase in rubber plantations threatens the environment
The global demand for rubber tyres is threatening protected forests in Southeast Asia, according to a study. Tropical forests are being cleared for rubber plantations, putting endangered birds, bats and primates at risk, say UK researchers. By 2024, up to…
Camoplast Solideal buys New Zealand dealer
Camoplast Solideal Inc. has acquired Eastwood Tyres in Auckland, New Zealand. Camoplast Solideal says the acquisition strengthens its position in the Asia-Pacific market. The company will assume immediate responsibility of the Eastwood facility in Auckland, New Zealand including all staff,…
Cooper Tire profits down 10 %
Cooper Tire and Rubber Co. posted first-quarter earnings Friday that were haunted by a ghost whose initials are CCT. The Findlay-based tire manufacturer’s net profits were down nearly 10 % and its revenues down 20 % largely due to the absence…
MRCB ‘buy’, MISC ‘hold’, Parkson ‘neutral’ glove sector ‘positive’
MALAYSIAN RESOURCES CORP BHD By AmResearch Buy (Maintained) Fair Value: RM2.30 AMRESEARCH has maintained a “buy” call on MRCB Corp Bhd (MRCB) due to its transformational moves to become a property-centric group and its deleveraging efforts further boosted by more…
MIDF maintains positive on glove sector
The export value of rubber gloves in February 2015 maintained its uptrend and increased by 18.2% year-on-year (y-o-y) to RM916 million due to the stronger US dollar against the ringgit earlier this year. However, MIDF Research said the export volume…
Roughly 1,750 jobs will be lost as Dow Chemical trims its business
Dow Chemical Co. said it will cut between 1,500 and 1,750 jobs, or 3 % of its global work force, to streamline the organization further and optimize its footprint as a result of a US$5 billion divestment of most of…