Top Glove Corporation Bhd’s weaker than expected sales volume growth is seen to have been largely priced in by the market and RHB Research has upgraded it to “buy” call from “neutral”, with an unchanged target price of RM5.67. The…
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Lanxess introduces alternative curing Process for EPDM rubber
Lanxess, a leading global manufacturer of synthetic rubber, will showcase a broad range of products for the rubber transformation, automotive, tyre, and civil construction industries, among others at the Expobor 2014, Latin America’s largest rubber fair, held in late April…
DuPont wins nonstick coating patent rap
DuPont Chemicals & Fluoroproducts (DC&F) said that it won the Teflon patent and trademark infringement case against the Italian cookware and home appliances company Bialetti Industrie S.p.A., Coccaglio/Italy. On 12 March 2014, the Court of First Instance of Milan (Italy)…
Sumitomo inaugurates tyre plant in Thailand
The official opening of Sumitomo Rubber Industries’ first agricultural tyre plant outside of Japan took place on April 22. The newly-completed Sumitomo Rubber (Thailand) factory in Thailand’s Rayong Province was host to some 150 opening ceremony guests, including Rayong regional…
Indian government increases ITPs on tyre imports
Although after a long debate between industry, importers and FBR, government has increased Import Trade Prices (ITPs) on import of tyres from three to 20 percent, experts believe the revision will neither enhance revenues nor give protection to local tyre…
Titan first quarter profits surge
Titan International Inc. suffered double-digit drops in earnings in the quarter ended March 31 on 6.8-percent lower sales, prompting management to put its workforce on notice that it will be “adjusting employment levels” in the second quarter. The sluggish first…
PolyOne earns supplier excellence award
PolyOne Corporation, a premier provider of specialized polymer materials, services and solutions, today announced that it has received the first Supplier Excellence Award jointly granted by Quality Synthetic Rubber (QSR) and Qure Medical, specialty divisions of Q Holding Co. “Unwavering…
Avon Rubber greatly desired
Avon Rubber has had a storming first half, as it reported in a bullish update toward the end of March. The results due to be released on 30 April will be “substantially better” than last year, driven largely by sales…
Tireco reveals new SummerSnow tyre
Import and private brand distributor Tireco Inc. is adding the Nankang SV-2 SummerSnow, a winter-optimized all-weather tyre, to its lineup. The Nankang SV-2, produced by Taiwan’s Nankang Rubber Tire Corp., combines true winter traction (Alpine marked) and all-season durability with…
Continental launches new Hybrid and EcoPlus tyre line-up
At the CV Show in Birmingham, UK, which is held from April 29 through May 1, Continental will be presenting its newly developed tire range Conti Hybrid for the first time. In response to the diversity of the regional transport…