American Pacific Industries Inc. (API) has recalled 761 Gladiator-brand light truck and trailer tyres that were exported to the U.S. from China “unlawfully” without API’s knowledge and are deemed potentially unsafe. API said it has accounted for all of the…
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Maxxis reports sales increase and consistent profits
Maxxis has released its 2013 financial results, with the global tyre giant’s books showing increased sales and consistent profits. The Taiwan-based Maxxis Group has seen turnover rise from $4.63 billion in 2012 to $4.billion in 2013, and net profit remaining…
TVS aspires gaining share in replacement market
One of the leading two-wheeler tyres manufacturers in the country, TVS Srichakra Ltd, is now focusing on gaining share in the replacement market after it has established itself as a leader in the original equipment manufacturer (OEM) segment. P Vijayaraghavan,…
APS raises compounding capacity to conform with North America’s TPV demand
Demand for high performance, lightweight materials combined with lower processing costs as well as adhesion to a broad range of substrates make thermoplastic vulcanizate (TPV) an ideal substitute of more costly material needed in a variety of applications. “Increasing our…
Kossan Rubber’s share price gain nearly RM4
Glove maker Kossan Rubber Industries Bhd’s share price rose to nearly RM4 on Friday – the highest in a month — as investors remained upbeat about its prospects. At 3.12pm, it was up 15 sen to RM3.96. Turnover was 895,700…
IPC unveils new range of temporary rubber lubricants
Rubber, both natural and synthetic, is a core material in the automotive manufacturing industry. Its inherent qualities make it the number one choice for mountings, bumpers, seals, protective boots, belts, bushings, o-rings and hoses, to name just a few. Unfortunately,…
Zeon reveals new grade of latex in the Nipol NBR series
In June 2014 Zeon Corporation launched Nipol LX560, a new grade of latex in the Nipol NBR product series suitable for thin-film disposable gloves. Nipol NBR latex offers outstanding characteristics such as high oil resistance, chemical resistance and high film…
Tokyo rubber could lengthen losses due to worries on China demand
Tokyo rubber futures could extend losses this week on persistent worries about demand from top consumer China, dealers said on Monday, while Thai raw sugar was being offered at discounts for the first time since 2009. Among other soft commodities,…
Flint Group reports price increase on silicones used for heatset web applications
Flint Group North America has announced a 15% price increase on silicones used in heatset web applications. New prices take effect on silicones ordered in the United States and Canada on or after July 1, 2014, subject to existing contracts.…
Malaysian glove sector looks less attractive to observers
With the “big four” Malaysian glove makers clamouring for market share in an increasingly crowded space, observers say the sector is looking less attractive in the near term. AllianceDBS Research contends that “alpha returns” may be elusive for glove stocks.…