Nynas has appointed a new market manager for the tyre oil segment, Dr. Herbert Fruhmann. He has worked at Nynas for almost nine years, most recently as the Market Manger for the Base Oils segment. Fruhmann will replace Thorsten Lutze…
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Delphi Automotive receives “buy” rating
Shares of Delphi Automotive PLC have been given an average rating of “Buy” by the 13 analysts that are currently covering the company, Analyst Ratings Net reports. One research analyst has rated the stock with a hold recommendation and ten…
Malaysian rubber market to trade higher
The Malaysian rubber market is likely to trend higher next week on anticipated higher demand for the commodity. For the week just-ended, rubber prices were traded mostly higher supported by Chinese traders who entered the market after a long break…
Tyre demand in India “back on track”
With the domestic automotive industry is witnessing a gradual recovery in 2014-15 following two years of demand slowdown, tyre demand is back on track, especially owing to traction in the two-wheeler space. Analysts expect exports to grow by 4-6 per cent for…
New rubber-based PSA introduced
RS Industrial has introduced Adhesive Squares™ T, an innovative and aggressive double-sided PSA that offers a strong, instant bond combined with high heat resistance, making it versatile enough to accommodate a wide variety of applications. It is the newest addition to…
India’s rubber sector remains vigilant on duty hike plea
According to reports, the woes of India’s rubber sector have not been addressed accordingly at the Union Budget, thus, it continues to struggle under drooping prices. The finished rubber products segment, including tyre companies, were seeking duty reliefs to face…
Michelin to launch new tyre suitable for summer and winter
In May 2015, European motorists will for the first time be able to purchase a summer tyre that has been certified for use in winter. Thanks to a combination of summer and winter tyre technologies, the new Michelin CrossClimate delivers…
Vipal Rubber opens new Italian office
Brazilian retreading and rubber product manufacturer Vipal Rubber has set up a sales office in Italy. The new office in Bologna opened in January 2015 and caters to a market that last year grew 13 per cent year-on-year. The decision…
Investment firm to acquire Azelis
Europe-based specialty chemicals distributor Azelis Holding SA is being sold by its private equity owners 3i Group plc to another private investment outfit, Apax Partners LP. The financial terms of the deal have not been released. The deal is expected…
Lanxess subsidiary expands Tepex composites range
The Bond Laminates GmbH, a subsidiary of specialty chemicals company Lanxess, has expanded its Tepex range of continuous fibre-reinforced thermoplastic high-performance composites to include halogen-free flame-retardant versions with a polycarbonate matrix. “Our new Tepex FR grades demonstrate exceptionally high flame…