The report says that the region is the largest EPDM market, which is expected grow with end-user industries such as automotive, wire & cables
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Vietnam rises to the third largest rubber exporter spot
THIS YEAR, Vietnam is projected to increase rubber output to 1.5% to 995,000 metric tonnes, following a 14% to 980,000 metric tonnes increase in 2013. The growth in yields has made Vietnam edged out Malaysia from its third spot ranking…
Philippines expands green initiative with rubber, crops plantations
THE PHILIPPINES is set to expand coffee, cacao and rubber plantations in Mindanao,as part of its National Greening Programme (NGP), According to the director of the Forest Management Bureau Department of Environment and Natural Resources (DENR), the Php6.2-billion NGP for…
Cooper moves on and away from merger deal with Apollo Tyres
US tyre maker Cooper Tire & Rubber Co recently announced that it has dropped out from the merger agreement it waxed in early June of 2013 with Indian tyre maker, Apollo. After a series of disputes over the US$2.5 billion…
Freudenberg clinches Ansell’s Marigold rubber gloves
GERMAN-owned Freudenberg Home and Cleaning Solutions (FHCS), has acquired glove maker Ansell’s Marigold household glove and cleaning products business, which reportedly posts annual sales of around EUR17 million. The deal entitles FHCS to own the global trademark rights for Marigold…
Rubberex quits glove business deal with Alliance Rubber
MALAYSIA-based Rubberex Corporation has recently cancelled a proposed corporate exercise involving the purchase of glove business for RM113mil from Alliance Rubber Products Sdn Bhd. Rubberex announced that the deal involving the acquisition of the glove business and all the production…
Rosneft waxes agreement for SBR venture in Armenia
RUSSIAN oil company , Rosneft, represented by its Chairman, Igor Sechin has met recently with Armenia’s President, Serzh Sargsyan for official discussions on the planned styrene-butadiene rubber (SBR) production joint venture in the country. Meanwhile, Rosneft; Pirelli Tyre Russia, and…
Dow ceasing styrene plant operations in UK
DECLINING demand is seen as the key reason why US-headquartered Dow Chemical has intended to close down its Grangemouth methyl methacrylate butadiene styrene (MBS) plant in the UK. According to Dow, it has already informed the site’s more than 60…
Total’s French refineries strike ends, results in million barrels of oil shortfall
With 80% of the workforce in dispute over wages, the action nearly crippled the company’s operations and affected the region’s styrene and mixed xylenes.
Mesnac and emFrontier to cooperate for IT and automation solutions
CHINESE tyre and machinery supplier, Mesnac recently signed Strategic Cooperation Agreement with emFrontier, a subsidiary of Hankook, in Qingdao for joint cooperation in the fields of IT solution, factory automation and logistics automation. emFrontier, the IT subsidiary of Hankook Tire,…