Top Glove Corp Bhd’s net profit for the fourth financial quarter ended August 31, 2014 (4QFY14) fell 5.2% to RM45.9 million from RM48.4 million a year ago, mainly due to increased competition in the nitrile glove segment which resulted in…
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Maxxis Group to build new tyre plant in Gujarat
Taiwan-based tyre manufacturing giant Maxxis Group will set up its plant near Sanand in Gujarat. The announcement came after a high-level Maxxis Group delegation led by company president Wally Chen met Gujarat Chief Minister Anandiben Patel and discussed the roadmap…
Apollo launches limited edition Manchester United car tyre
A limited edition Manchester United-branded car tyre from the football club’s official tyre partner has been launched. No, we didn’t know the club had an official tyre partner, either. But Indian tyre company Apollo Tyres has nevertheless developed the new…
Dunlop to build first tyre retreading facility in the US
British tyre manufacturer Dunlop Aircraft Tyres said it has identified a site in Mocksville for the company’s first US retreading facility and plans to create at least 40 jobs within the first two years of operation, according to multiple reports.…
Thai industries to purchase more rubber to surge prices of the commodity
Local industries have agreed to buy more rubber to shore up the price of the local commodity, while asking the government to rev up talks with China to help delay its new regime on imported compound rubber which will be…
Bridgestone aspires to be the absolute leader in the industry
Bridgestone Corp. wants to be the clear and absolute leader, or “dan-totsu,” in each industry in which it competes, according to its recently released outline for the Mid-Term Management Plan (MTP) for 2014. The eventual plan will serve as the…
Indian Chief Minister demands total ban on rubber imports
Chief Minister Oommen Chandy on Thursday demanded a total ban on rubber imports, besides seeking imposition of higher duty rates on synthetic, sheet and block rubber and other rubber products. Rubber was one of the main issues that Chief Minister…
Bridgestone VP reports ‘climate change could affect tyre industry’
Climate change may have an even more profound effect on the tyre industry in the coming years than any expansion or new product imagineable, Christine Karbowiak, Bridgestone Americas executive vice president, chief administrative officer and chief risk officer, told those…
German rubber coating specialist joins Impreglon group
Effective November 1, 2014 von Bronk Gummi- und Kunststofftechnik GmbH, Coesfeld will be a member of the Impreglon group. In the future von Bronk will complement the Impreglon coating range with rubber and polymer coatings for rolls and machine components.…
Indian rubber output expected to decrease due to suspend tapping
Natural rubber output in India is likely to drop over 10 per cent in 2014/15 from the previous crop year, hit by heavy rain in key growing regions and as farmers suspend tapping due to lower prices, the head of…