APOLLO Tyres has sold its South African tyre business, the Dunlop brand rights and Ladysmith passenger car tyre plant to Japan’s Sumitomo Rubber Industries for US$60 million. Apollo, meanwhile maintains its Durban plan for the newly-formed company, Apollo Durban. With…
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Lanxess hikes chloroprene rubber price
GERMAN specialty chemicals firm Lanxess has announced an increase of up to EUR180 (US$245)/per metric tonne in the global price for its Baypren branded Chloroprene Rubber (CR). Increasing raw material and energy prices are pushing the CR cost, says Lanxess.…
Ansell taps emerging markets for its rubber gloves and condoms
AUSTRALIA-based Ansell Ltd announces that it focuses on emerging markets to boost sales of its high-tech rubber gloves and upmarket condoms. “We’re focusing on emerging markets because working hands have moved from developed to developing markets and clearly we need…
Environmental group tells investors to bow out on Vietnamese rubber firm
ACCORDING to environmental group, Global Witness (GW), the Vietnamese rubber company, Hoang Anh Gia Lai (HAGL) did not keep up to its commitments to address environmental and human rights abuses in its plantations in Cambodia and Laos. Moreover, GW says…
IOCL debuts India’s first SBR plant
THE INDIAN Oil Corporation Limited (IOCL), the country’s state-owned oil and gas company, has launched India’s first e-SBR (styrene butadiene rubber) facility, sited at Panipat, near the naphtha cracker plant of the IOCL refinery . M Veerappa Moily, the union…
Wacker designates Silspek Rubber to market curing silicones
MUNICH-based chemical group, Wacker, assigns additional marketing rights to its sales partner Silspek Rubber for the sale of high-temperature-curing silicones. The Polish silicone compounder will be marketing ready-to-use silicone rubber compounds based on Wacker raw materials with the label “Based…
Construction of MOL, JSR synthetic rubber jv plant in Hungary begins
BUDAPEST-headquartered MOL, an oil and gas company, has formed a joint venture with the Japanese JSR Corporation to produce 60,000 tonnes of synthetic rubber (S-SBR) in Tiszaújváros from 2017. SSB-R is one of the most innovative raw materials for safe…
Global Bioenergies to set up second isobutene pilot plant in Germany
LEIPSIG-based Global Bioenergies is constructing its second industrial pilot on the site of the Leuna refinery in Germany. With grant of EUR5.7 million from the German Federal Ministry of Education and Research (BMBF), and including a three year study at…
JK Tyre boosting capacity at India, Mexico facilities
JK TYRE & Industries is investing some Rs1,430 crore to increase radial tyres capacity at its Chennai plant. It says that an additional eight lakh tyre per year capacity for truck and bus radial tyres and 20 lakh tyre per…
Development of next gen condoms wins Gates Foundation grant
THE Bill & Melinda Gates Foundation has announced a new batch of winners as part of its Grand Challenges Explorations (GCE) initiative. GCE grants fund to innovative ideas that pertain to global health and development problems. The current winning proposals…