Apollo Vredestein have introduced the Vredestein Snowtrac 5, a winter tyre that defies even the most extreme and unpredictable weather conditions, including wet, cold or slippery roads. The starting point in its development was to ensure optimal safety, a superior…
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Evonik opens US expansion plant for precipitated silica
German specialty chemicals company, Evonik, recently opened a new 20,000 metric tonne expansion at its precipitated silica site in Chester, Pennsylvania, US. Andreas Fischer, Head of Evonik’s Silica Business Line commented on the opening that Chester is an integral part…
Brazilian petrochemical producer joins Michelin isoprene program
Brazilian petrochemical producer Braskem S.A. is joining a collaboration researching sustainable sources for polyisoprene that was started in 2011 by Group Michelin and Amyris Inc. Sao Paulo-based Braskem, considered the largest petrochemical company in the Americas, will help the partnership…
India’s NR imports in August reports 15 percent growth
India’s natural rubber imports in August rose 15 per cent from a month ago to 42,499 tonnes as a drop in global prices prompted tyre makers to raise overseas purchases to meet rising local demand, said an official at the…
Maxxis expands truck tyre line up
Maxxis is gearing up for its long anticipated push on the truck tyre sector. The manufacturer has made great strides in increasing passenger car, commercial vehicle and two-wheel sales since entering the UK market, but following ongoing developments in R&D,…
Apollo to set up new tyre facility in Hungary
Apollo Tyres plans to set up a new plant in Hungary at an investment of EUR 442.2 million (about Rs 3,450 crore) and the investment aid given by the country’s government has been cleared by European Commission. The project involves…
Shanghai rubber declines to five-year low
Shanghai rubber futures tumbled to their weakest level on record on Wednesday and prices in Tokyo sank to a five-year low, as concerns about oversupply and weak demand from top consumer China sparked heavy selling from speculators. The selloff pressured…
Kerala rubber planters requests government to impose anti-dumping duty
Natural rubber planters, especially small growers from Kerala, have petitioned the union government to impose anti-dumping duty or increase import tariff to protect them from falling prices in the domestic market. “We have urged the government to impose anti-dumping duty…
Top Glove to reduce stake in Sumatran rubber plantation
TOP Glove Corp Bhd, the world’s largest rubber glove manufacturer by volume, may pare down its stake in its Sumatran rubber plantation and seek out local partners as Indonesia mulls tough new laws to curb foreign ownership of plantations. Acquired…
Indian gov’t to install rubber nurseries in Rayagada and Koraput
The state government in association with the Rubber Board has decided to set up two rubber nurseries in Maoist-affected areas of Rayagada and Koraput districts. The nurseries will be set up over 500 acre at Gatiguda in Rayagada and Nisar…