Mannheim-based Rhein Chemie, a wholly owned subsidiary of speciality chemicals company Lanxess, is celebrating its 125th anniversary this year. Now a business unit of Lanxess, it was founded by two…
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Dissatisfying results for Malaysian rubber glove makers
Glove makers delivered disappointing results for the first quarter financial year 2014 (1QFY14) due to weaker-than-expected sales volumes and margin compression. AllianceDBS Research Sdn Bhd (AllianceDBS Research) in a sectoral outlook yesterday anticipate a mixed operating environment for glove makers…
Cooper helds dedication ceremony for new ATC in China
Cooper Tire Asia held a formal dedication ceremony June 12 for a new Asia Technical Center (ATC) in Kunshan, China, which is also the site of the Cooper Kunshan Tire (CKT) manufacturing plant, approximately 30 miles from Shanghai. The ATC…
Sri Lanka plantation minister calls forum due to rubber sector crisis
Sri Lanka’s Plantation Minister Mahinda Samarasinghe has called for a special stakeholder forum to discuss the present crisis situation faced by the country’s rubber sector originating from lower demand at the international market place. According to Colombo Rubber Traders Association…
Dunlop accomplishes race tyre facility transfer
Dunlop Motorsport Europe has completed the transfer of race tyre production to Goodyear Dunlop plants in France and Germany from its Fort Dunlop factory in Erdington, where the firm’s lease on the 99-year-old factory is expiring. Dunlop Motorsport, a unit…
Giti constructs first US tyre plant
Giti Tire Group, the predominantly Chinese tyre maker based in Singapore, has selected a site in Chester County, S.C., for its first US tyre plant. The $560 million project will, according to Giti, create 1,700 jobs over 10 years. Giti…
Tokai Rubber alters name to Sumitomo Riko
Automotive supplier Tokai Rubber Industries Ltd. will change its name to Sumitomo Riko Co. Ltd., effective Oct. 1. The company—which makes vibration- and noise-reduction products—said the change will not alter the business of the company or its shareholders structure. Tokai…
New market report on China’s tyre vulcaniser industry
ChinaMarketResearchReports.com is offering “China Tire Vulcanizer Industry Report, 2014-2017” research that says mechanical vulcaniser market saw a year-on-year increase of 3.89% in terms of units during 2013, whereas hydraulic tyre vulcaniser market climbed 25.4% year on year. China Tire Vulcanizer…
Thailand may consume natural rubber stockpile for domestic use
Thailand may use some of its huge 210,000 metric ton natural rubber stockpile for domestic infrastructure, reducing the need to export it into glutted global markets. The International Rubber Consortium says a Thai government committee is proposing using some in…
Uzhimprom to construct tyre plant in Uzbekistan
The “Uzhimprom” State Joint Stock Company (SJC) plans to bring the results of the tender for the construction of the plant on the production of car tires worth $230 million in late June and early July, the company’s representative told…