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…
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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…
New polymer launched
Indian Oil launched a high productivity polymer on Friday for injection moulding applications on Friday. The polymer is called Propel HDPE 080M60. The polymer of a high productivity polyethylene grade is being launched for the first time. Indian Oil claims…
Michelin starts testing season in Sepang, Malaysia
Michelin will return to MotoGP in 2016 after a seven-year absence, and has already planned a busy season of testing to ensure its future debut will go smoothly. Today’s test at Sepang involves all the factories in the paddock including…
Transaction complete for the steelcord business of Pirelli in Turkey
Pirelli & C. S.p.A. has concluded the sale of its steelcord business in Izmit, Turkey, to steel wire producer N.V. Bekaert S.A., as part of a deal to divest its steelcord business. Completion of the sale in Turkey follows by…
Tyre sales in China expected to rise until 2020
According to a recently released TechSci Research report, “China Tyre Market Forecast & Opportunities, 2020”, tyre market in China is forecast to grow at a CAGR of 11% during 2015-20. The market is expected to witness tremendous growth on account…
Lanxess features comprehensive range of rubber technologies at Cologne show
Specialty chemicals company Lanxess presented its comprehensive range of solutions for the tyre industry, from new rubber products and additives to processing aids for use in production, at the Tire Technology Expo in Cologne this February. The newly formed Lanxess…
Positive outlook for US automotive industry
Sales will keep growing in 2015 on favourable economic conditions and are expected to be around 17 million or more, according to two industry forecasts. That’s the position of analysts at Cox Automotive, particularly its Kelley Blue Book unit, and…