Against the backdrop of lower profits, Lanxess Chairman Axel C. Heitmann will resign at the end of February this year. Heitmann’s contract was due to expire in 2017. Heitmann who has led the Cologne-based company since it was spun-off from…
Author: admin
Government working on national rubber policy
The government is working on a comprehensive national policy for the rubber sector to address a host of issues being faced by growers and the industry. “An inter-ministerial panel, with representatives from all stakeholders, will soon be set up to…
Rubber product manufacturing in Canada industry market research report from IBISWorld has been updated
The Rubber Product Manufacturing industry offers a range of goods, including nontire rubber automotive parts, construction materials and office supplies. Industry growth was depressed during the global economic recession, with revenue declining 14.7% in 2009. Weakened demand for rubber product…
Bridgestone buys Indonesian cargo; trade subdued
Bridgestone Corp, the world’s largest tyre maker, purchased Indonesian rubber for nearby shipments at prices below 100 U.S. cents a pound, offering some respite to an otherwise depressed physical market, dealers said on Wednesday. SIR20 for March/April delivery was sold…
Polish company Synthos bolsters SBR business
Synthetic rubber producer Synthos S.A. is expanding its operation on two fronts. The Poland-based company has formed a key alliance with Harwick Standard Distribution Corp. to distribute Synthos’ SBR and butadiene products in the U.S. and Canada. It also is…
Extreme flotation tyres from Goodyear
Goodyear Farm Tires has launched a new category called Extreme Flotation. These new tires offer a number of advantages, including tighter turn radius, a smoother ride, reduced soil compaction and better flotation. Two tires are being offered in the Extreme…
Apollo Tyres open to transactions despite Cooper Tire deal collapse
Apollo Tyres of India remains open to future strategic acquisitions despite the collapse last year of a potential $2.5 billion deal with the Cooper Tire and Rubber Company, its vice chairman said Friday. The deal would have been the largest-ever…
Lehigh Strengthens R&D Capabilities
Sustainable materials company Lehigh Technologies Inc. has strengthened its research and development capabilities by investing in new mixing and analytical equipment for its Application and Development Center (ADC) and through the appointment of Chad Jasiunas as technical manager for functional…
Cambodia’s rubber export up 34 pct in 2013
Cambodia has seen a 34 percent rise in dry rubber export last year thanks to rising demand globally, the figures of the Ministry of Commerce showed Thursday. The country had exported 74,200 tones of dry rubber last year, up 34…
Wacker expands its technical centre in Kolkata
Munich-based chemical group Wacker is strengthening its presence in India by opening its expanded technical centre for silicone products in Amtala near Kolkata. Operated by the joint venture Wacker Metroark Chemicals (WMC), the enlarged regional competence centre now comprises state-of-the-art…