Rubber-based auto-component makers are working on developing products that would cater to the earth-moving and agricultural segments, to offset the slow demand from the passenger vehicle segment. Some are also looking diversifying their portfolio to industrial applications in order to…
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Trelleborg to gain Uretek and Archer Rubber Company
The Courant reports, “A New Haven coated fabric manufacturer will be acquired by a large Swedish polymer engineering firm, the company announced Monday. Trelleborg AB has signed an agreement to acquire Uretek LLC and its Massachusetts sister company Archer Rubber…
TBC reveals new Duck Commander tyre range
TBC Brands and Harris Tire Co. are bringing two exclusive Duck Commander branded tire lines to the consumer replacement market: Duck Commander All-Terrain and Duck Commander Mud Terrain. The two lines are the first to carry the Duck Commander brand…
Pirelli reports double-digit profit rise in the first half
Pirelli & C. S.p.A. reported double-digit increases in operating and net profits in the first half of fiscal 2014 on the strength of above-average growth in premium tyre sales and the positive effects of efficiency measures Pirelli is implementing. Operating…
US rubber product trade deficit increased 1.6 %
The US rubber product trade deficit grew 1.6 percent in November, following the trend for all of 2013. The shortfall for the month stood at $898.9 million, compared with $884.5 million in November 2012, according to data from the Department…
Lanxess highly specialized synthetic rubbers make shipping safe
Shipbuilding is seen as an indicator of the state of the world economy. That is why a recent report caused some excitement – it would seem that the industry is recovering. And not just in South Korea, which has occupied…
Chinese rubber machinery supplier acquired Fushun Yikesi
Chinese rubber machinery supplier Mesnac Co. Ltd. has acquired Fushun Yikesi New Material Co. Ltd., a Fushun City-based producer of synthetic rubber and resin products. Financial details were not disclosed. Mesnac said the acquisition marks a significant diversification into the…
Thai gov’t urges farmers to cut down rubber trees to shore up prices
Thailand’s military government will encourage farmers in the world’s biggest rubber producer and exporter to cut down more rubber trees in a bid to restrict supply to help shore up prices, a senior government official said on Tuesday. Global rubber…
Purchase of Pirelli steel tyre cord business approved
The European Commission has approved the proposed acquisition of the steel tyre cord business of the Italian company Pirelli by its Belgian-based rival NV Bekaert SA under the EU Merger Regulation. According to an official statement dated 31 July, the…
QDRPM partners with German rubber machinery maker
Qingdao Doublestar Rubber and Plastics Machinery Co. Ltd. (QDRPM), a fully-owned subsidiary of rubber tire and machinery maker Qingdao Doublestar, has signed a contract to partner with Harburg-Freudenberger Maschinenbau GmbH (HF). Under terms of the 10-year contract, HF will license…