Global tyremaker Bridgestone has begun supplying BMW’s new i-series electric cars with what it markets as its “ologic” technology. The ologic tyres are larger in diameter and narrower to cover more distance in one revolution; but t has a tall…
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Cooper closes sale of CCT stake to Chengshan
Cooper Tire & Rubber Company recently announced that it has closed the sale of its 65% ownership in Cooper Chengshan (Shandong) Tire Company Ltd (CCT) to Chengshan Group Company Ltd for approximately US$262 million net of taxes and including dividends…
Ashland completes elastomers business sale to Lion Copolymer
Kentucky, US-headquartered specialty chemicals firm Ashland, recently announced the completion of the sale of its elastomers business, based in Port Neches, Texas, to US synthetic rubber specialist, Lion Copolymer. Financial terms were not disclosed. The elastomers business, which primarily serves…
Chinese group nixes new standard for rubber compound import
The China Rubber Industry Association (CRIA) balks at the new standards set by the Chinese government for the import of rubber compound compositions. The new standard redefines compounded rubber with a maximum of 88% crude rubber in its composition as…
High temperature, production costs take toll on Kerala rubber
Rising temperature and high cost of production are likely to take the sheen away from the Kerala rubber industries, known as the haven for rubber production in the country. Interestingly, the gainers will be the North East region lead by…
AFET pushes for central rubber markets in Thai provinces
The Agricultural Futures Exchange of Thailand (AFET) seeks to set up central markets for rubber in each province, while farmers belonging to these markets will be encouraged to produce premium-grade rubber so they can avoid being pressured by middlemen or…
Prime Minister Prayuth Chan-ocha meets Malaysian PM to revive rubber price slump
Thai Prime Minister Prayuth Chan-ocha yesterday met Prime Minister Najib Razak in his introductory visit to Malaysia, discussing free-falling rubber prices and how to revive peace talks with rebels in Thailand’s restive south. Datuk Seri Najib told reporters that the…
Kerala state to undertake rubber farmers crisis with PM Modi
The Kerala government today said it would take up with Prime Minister Narendra Modi, the financial crisis faced by rubber farmers in the state following sharp fall in its price. Replying to a calling attention motion to the need to…
New rubber-like coating produces longer-lasting batteries
A novel rubber-like coating can help create longer-lasting, higher-capacity lithium rechargeable batteries, which are commonly used in consumer electronics. Researchers have demonstrated that a coating that makes high capacity silicon electrodes more durable could lead to a replacement for lower-capacity…
Phil reports tyre market to grow double digits
According to the recently released TechSci Research report, “Philippines Tyre Market Forecast & Opportunities, 2019”, tyre market in the Philippines is forecast to grow at a CAGR of about 13.85% during 2014-19. On account of growing automobile fleet size, infrastructure…