The U.S. International Trade Commission (ITC) has issued limited exclusion orders and cease-and-desist orders against eight U.S. importers/distributors of tyres that Toyo Tire Holdings of Americas Inc. claims are infringing on Toyo patents. The ITC’s ruling prohibits the importation and…
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Ethiopian farmers and investors participates in rubber tree development
Foreign investors’ as well as farmers’ participation in rubber tree development is growing, the National Rubber Tree Development Project, noted. According to the Project’s General Manager, Dawit Mesfin, currently there are around 50 partner investors and farmers involved in rubber…
Michelin reports net income increase, sales revenue fall
Michelin Group reported a 23.1-percent jump in net income in the first half of fiscal 2014 despite a 4.8-percent drop in sales revenue. The tire maker said operating income before non-recurring items was essentially unchanged at $1.6 billion, or 12…
Lexus NT gets Yokohama tyres
Two Yokohama tyre lines have been selected as original equipment on the new Lexus NX, the first Lexus premium compact crossover SUV. The BluEarth E51 and Geolandar G91 will be available in the following OE sizes, which vary by country.…
Goodyear Tire & Rubber anticipates profit upsurge
Analysts expect higher profit for Goodyear Tire & Rubber when the company reports its second quarter results on Wednesday, July 30, 2014. The consensus estimate is calling for profit of 80 cents a share, reflecting a rise from 76 cents…
Everkem reveals new silicone sealant for industrial applications
Everkem Diversified Products, manufacturer of sealants, adhesives and specialty chemical compounds used for construction and industrial applications introduces TruSil 100 Silicone Sealant to its Seal Tite™ brand of sealants and adhesives. TruSil 100 derives its name from its one hundred…
East Asia imports butadiene from Iran, India as supply toughens
Platts reports, “East Asian countries, especially South Korea and Taiwan, are increasingly importing butadiene cargoes from Iran, India and Southeast Asia as supplies within the region have been tight for a while, trade sources said this week. About 9,000 metric…
Natural rubber producer sinks into the red as rubber prices fall
GMG Global’s shareholders must be scratching their heads over the group’s disappointing 1H14 results. The mainboard-listed firm registered a net loss attributable to shareholders of S$14.8 million in the first half of the year, on the back of continued weakness…
Creative Materials reveals new conductive silicone adhesives
Creative Materials, Inc. has introduced 102-32D to its family of conductive silicone adhesives. This new product offers some enhanced features over our standard 102-32, which is one of our most versatile and widely used products. Some innovative features of 102-32D…
Cambodia reports hike in rubber exports
Cambodia has seen a 91 percent rise in dry rubber exports in the first half of 2014 as revenue from the exports increased only 3 percent due to global decline of rubber prices. During the January-June period this year, the…