Speciality chemicals group Lanxess intends to stop EPDM rubber production at its Marl, Germany, site at the end of 2015. The German company says that within its EPDM production network, the Marl facility is the least competitive due to economy…
Author: admin
Global rubber gloves market report 2014
Over the past years, there has been a notable rise in the demand of gloves whenever there is an outbreak of flu or viral diseases. During and after such outbreaks, there is a sudden change in the demand for rubber…
Business, military, government seize land for rubber in Myanmar: rights group
Businesses in Myanmar have colluded with military and government officials to seize vast tracts of farmland from ethnic minority villagers in the northeast, using much of the land for rubber plantations, a UK-based rights group said. Over the past decade, 5.3 million…
European Factors to Watch-Shares to edge up; Holcim-Lafarge in focus
European shares were indicated to edge higher at the open on Friday, setting up an index of euro zone blue chips for its seventh consecutive weekly gain. Futures for the Euro STOXX 50 equity index, Britain’s FTSE 100 , Germany’s DAX and France’s CAC were…
Goodyear establishes tyre development center in China
The Goodyear Tire & Rubber Company (NASDAQ:GT) announced today that it has established its first development center in China. Located at the company’s state-of-the-art tire manufacturing facility here, the new center expands Goodyear’s capabilities in the Asia Pacific region and will enable it to…
Yokohama’s new Mississippi plan right on schedule
Ready. Set. Roll. That is correct, Yokohama Tire Manufacturing Mississippi, LLC’s (YTMM) new commercial tire plant in West Point, Mississippi, is nearing completion. The roughly one-million-square-foot factory is on target to begin production in October 2015, with many of its…
Silicone Coatings Market worth US$6 Billion by 2020
The report Silicone Coatings Market by Type, by End User Industry – Global Forecast to 2020, analyzes the global Silicone Coating Market with respect to market drivers, restraints, and opportunities in different regions. The global Silicone Coatings Market is successfully penetrating the…
Tyre business owner jailed for illegally storing tyres
The owner of a tyre business has been jailed for 15 months, suspended for two years, after illegally storing almost 85,000 waste tyres at sites in Devon. Andrew Mayhew admitted five offences at Plymouth Crown Court of running a waste…
Kenyan tyre maker Sameer swings into 2014 loss
Kenyan tyre maker Sameer said on Wednesday it swung into a loss in 2014, hurt by competition from subsidised imports into Kenya and political unrest in some of its export markets. Sameer, which had issued a profit warning in August…
India to totally produce its own synthetic rubber by 2017
India is expected to become self-sufficient in synthetic rubber by 2017 as its production capacity triples, industry executives said, improving raw material supply for tire makers in a country that is home to one of the world’s biggest car markets.…