During Russian President Vladimir Putin’s state visit to China today, SIBUR, a leading Russian gas processing and petrochemicals company, signed a contract with China Petroleum and Chemical Corporation (or “Sinopec”) to establish a joint venture for the construction of a…
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OMV AG completes butadiene plant extension in Austria
OMV AG has completed the extension of a butadiene plant at its 203,900-b/d Schwechat refinery in Austria. The completed expansion, which will increase the plant’s butadiene production capacity to 60,000 tonnes/year, began operating on May 2, OMV reported. The $41…
JK Tyres to increase greenfield plant in Chennai
JK Tyres said on Sunday May 18, the company would double its capacity at its greenfield plant at Chennai by the end of this year. The work for the capacity expansion at Chennai plant was going on and likely to…
Lanxess reports price increase for rubber chemicals
Specialty chemicals company LANXESS will raise the off list prices worldwide for its rubber chemicals with effect from June 1, 2014 or as contracts allow. Depending on product and region, the adjustments will be up to 0.70 EUR/kg (1.10 USD/kg).…
Kenda introduces new enduro tyres
We’ve already published a couple of pics of the new tyres from Kenda; our intrepid reporter Barney took a closer look. The Lake Garda cycling festival saw a select few journalists invited over to the Kenda camp for the launch…
OTR accuses Iowa tyre distributor of stealing property rights
A Washington federal court judge has granted OTR Wheel Engineering Inc.’s request for a preliminary injunction in a trade secrets case against West Worldwide Services Inc., a Clive, Iowa-based tire and tube distributor. Judge Lonny R. Suko enjoined West Worldwide…
Evonik opens silica technology facility; adds on applied tech to offerings
Germany-based Evonik Industries recently inaugurated a new building to house precipitated silica applied technology for tyre and rubber at its Wesseling site near Cologne. In so doing, the speciality chemicals company has added applied technology to the world’s largest facility…
Apollo targets organic growth; to expand to Europe with a 2nd plant
Indian tyre maker Apollo Tyres is investing US$685 million over four years to build a car and truck tyre plant in Eastern Europe. It will be its second as the firm also operates a facility in Netherlands. Apollo has not…
Tokyo rubber futures wary despite dropping inventory
Global benchmark Tokyo rubber futures would be trapped in a tight range this week as a drop in inventory in the Shanghai market fails to shake off worries about demand from main consumer China, dealers said on Monday. Among other…
El Nino could cut Indonesian rubber output
Erratic weather triggered by the El Nino weather phenomenon could cut rubber output in Indonesia, the second-largest producer, by around 3 per cent to 3 million tonnes this year, a senior industry official said. “Output may fall by 100,000 tonnes…