India is likely to face a severe supply crunch of natural rubber, which reported a 33 per cent drop in production during January 2015 — the highest ever monthly decrease in recent times. Experts warn that the domestic market will…
Author: admin
New addition to Bridgestone’s tyres
Bridgestone Americas plans to launch the Blizzak DM-V2, a winter tyre for CUVs, SUVs and light trucks, in July for the 2015-16 winter season. The new tyre, which will be available in 50 T- and H-rated sizes ranging from 15…
Nokian beats profit, dividend expectations
Finnish winter tyre specialist Nokian Renkaat reported its fourth-quarter profits fell less than expected and proposed an annual dividend above the market consensus. The company posted a fourth-quarter operating profit of 77.5 million euros (US$88 million), compared to 93.2 million…
Delphi Automotive posts 4Q profit forecasts
Delphi Automotive PLC (DLPH) recently reported fourth-quarter earnings of US$344 million. The Gillingham, United Kingdom-based company said it had net income of US$1.16 per share. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, were US$1.32 per…
Data Bus Market to Worth US$8.55 Billion by 2020
According to the new market research report “Data Bus Market by Protocol (MIL-STD, AFDX, ARINC 429/629, CAN, TTP), by Application (Military, Commercial Aviation, Automotive), by Component (Micro couplers, Cables, Connectors, Accessories), by Geography – Global Forecasts & Analysis to 2020”,…
Malaysia to help Indonesia develop its own car
Malaysia’s struggling national carmaker Proton inked an agreement Friday to help Indonesia study the possibility of developing and manufacturing its own national car. The signing of the memorandum of understanding with PT Adiperkasa Citra Lestari was witnessed by visiting Indonesian…
Robots to replace humans in some automotive jobs: Boston Consulting Group
Robots will replace a growing number of jobs in industries including automotive and electronics in the next few years, particularly in east Asia, according to new research. Worldwide sales of industrial robots rose 23 per cent last year and are…
India to expect a correction in inverted duty structure
Over 6,000 small and medium rubber units (SMEs) scattered in different clusters across the country expect a correction in inverted duty structure in the upcoming Union Budget. India levies amongst the highest duties on import of raw materials and one…
India’s January natural rubber output dips by 33% year-on-year
India’s natural rubber output in January dropped by a third from a year earlier to 60,000 tonnes as some farmers curtailed tapping due to lower prices, the state-run Rubber Board said recently. The consumption during the month rose 0.8 %…
Polymer more durable to use as bank notes: Bank Negara
Bank Negara Malaysia’s (BNM) move to reuse fit notes longer is undoubtedly aided by the arrival of polymer RM1 and RM5 notes, introduced in 2012 and 2004 respectively. These notes look presentable for a far longer time compared to paper…