Online tyre retailer Blackcircles has launched a new business division aimed at fleet operators and small to mid-sized enterprises. Blackcircles.com Business will be headed by Martin Towers, former corporate sales director at Kwik Fit, who has been appointed Blackcircles new director…
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Synthomer expands speciality SBR production in Malaysia
UK-headquartered Synthomer, a worldwide leader in carboxylated Styrene Butadiene Latex (SBR) for carpet, paper and speciality applications, has expanded its Kluang plant in Johor State, Malaysia, to produce a range of speciality SBR to support the growing demand for its…
Thai rubber planters forced to sell farm land
A number of Uthaithani rubber planters have reportedly started selling off their farmlands to raise quick cash, as latex price continues to plummet, fetching only 40 baht a kilogram. The unprecedented low latex price has put planters in a very…
Chinese tyre maker under “financial constraints”
Shandong Deruibao Tire Co. Ltd., producer of the Deruibao and Faralong brands, has filed for government-coordinated restructuring due to “financial constraints,” according to the local municipality government. “The company is not bankrupt, and it’s only asset restructuring,” the Guangrao government’s…
Toyo Tire Plunges
Toyo Tire & Rubber Co. fell by the most in four years in Tokyo trading after disclosing that it supplied a rubber product used as building material that failed to meet certification for protecting against earthquakes. Rubber-laminated bearings sold by…
More communication needed between UK auto buyers and suppliers
The opportunity for domestic vendors to supply components to UK vehicle manufacturers is being held back by “information failure”, according to a report. A study by the Automotive Council found British buyers and sellers were often unaware of each others’ requirements, inhibiting…
Automotive Relay Market Global and China Analysis for 2015-2018
This research says in 2014, the automotive relay industry of China registered revenue of about RMB3.5 billion, soaring6 6.7% from RMB2.1 billion in 2010. It is expected the CAGR for 2015-2018 will remain above 20%. Global automotive relay market is dominated by TE Connectivity, Panasonic, LS, Omron,…
Rubber Additives Market worth 1.7 MT by 2019
The report “Rubber Additives Market by Type (Accelerators, Antidegradants, Blowing Agents, Ethylene-Vinyl Acetate, Adhesive Agents, and Others), by Application (Tire and Non-tire) – Global Trends & Forecasts to 2019’ defines and segments the rubber additives market with an analysis and forecast…
Rubber production expected to rise 3.2 %: ANRPC
The Association of Natural Rubber Producing Countries (ANRPC) foresees 3.2 % growth in natural rubber production during 2015. Association secretary general Sheela Thomas has said the production is expected to rise from 10.63 million tonnes during 2014 to 11.18 million…
India to hike up natural rubber duties to 25 %
New Delhi, India – The Economic Times reports that the Indian Government plans to hike import duty on rubber to 25 % while a slew of other steps are under way to protect the interest of rubber growers, hit hard…