The Tire Industry Association (TIA), has sent comments to the National Highway Traffic Safety Administration (NHTSA) Docket Office regarding a notice of proposed rulemaking for tyre identification and recordkeeping. NHTSA is seeking to expand the first part of the tyre…
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Thai rubber farmers feel deceived by national council
Thai rubber farmers who supported anti-government protests that led to a military coup in May say they feel betrayed because the ruling military is failing to help soften the blow of plunging rubber prices. Thailand is the world’s largest rubber…
Cooper and Chengshan joint venture worth approximately $440 million
Cooper Tire & Rubber Co. on Tuesday unveiled the valuation of its joint venture with Chengshan Group Company Ltd., marking a step forward as the companies seek to resolve its future ownership. The venture, known as Cooper Chengshan Tire Company…
Synthomer to launch new NBR grade at IRGCE 2014
Synthomer, a global market leader of emulsion latices for the dipping industry is launching its latest NBR latex grade for protective gloves at the 7th International Rubber Glove Conference & Exhibition (IRGCE) to be held in Kuala Lumpur, Malaysia from…
Thailand NCPO approves new budget to rebuild rubber industry
The Bangkok Post reports, “The National Council for Peace and Order (NCPO) has approved a budget of 5.94 billion baht for the overhaul of the rubber industry as proposed by the Natural Rubber Policy Committee. The measures involve maintaining a…
Freudenberg acquires hydraulic accumulator maker
Freudenberg Sealing Technologies, the Freudenberg Group’s global sealing specialist, is to acquire Tobul Accumulator, a developer and manufacturer of hydraulic accumulators. The family-owned company has various sites in the US, together with a sales office in Shanghai, China, and employs…
Sensata adds Schrader TPMS to its portfolio
Dutch firm Sensata Technologies BV is to acquire the Schrader group of companies from Madison Dearborn Partners for US$1 billion. Schrader is the global leader in tyre pressure monitoring sensors (TPMS). The transaction provides TPMS and additional low pressure sensing…
Lehigh to raise funds for global expansion
US micronised rubber producer Lehigh Technologies Inc. is raising US$11 million in venture capital, to invest the capital in a global expansion. Lehigh, which converts discarded car tyres and other post-industrial rubber into micronised rubber powder, has raised about US$7…
Green carbon process patented in the US and China
Pyrolyx AG, which has developed the first green, sustainable process for the recovery of high-quality, marketable carbon black from end-of-life tires, has announced that its method has now been successfully patented for the US and Chinese markets. Moreover, Pyrolyx fully…
Thai military gov’t approves rubber stockpile sell-off
The Thai military government has approved the sale of the country’s large rubber stocks and is in negotiations with potential buyers, a senior rubber-industry official said Monday. Chanachai Plengsiriwat, director of the Rubber Estate Organization, which oversees the country’s rubber…