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Continental expands global presence with Veyance acquisition

German automotive supplier and tyre maker Continental has concluded an agreement with The Carlyle Group based in Washington D.C., US, relating to the purchase of Veyance Technologies based in Fairlawn, Ohio, US for approximately EUR1.4 billion. Veyance operates globally in…

On the road to higher gains

The increase in demand for tyres from Asia, is estimated to reach 4.3% annually through 2017 to 2.9 billion units and this should bode well for the synthetic rubber industry

Families to file complaint with IFC over rubber plantations

Some of the hundreds of families losing land and community forest to Vietnamese-owned rubber plantations in Cambodia’s northeast will this week file a complaint with the International Finance Corporation (IFC) over the investment it has made in the plantations’ parent…