Carlisle Companies Incorporated is selling its Transportation Products (CTP) to American Industrial Partners of New York for US$375 million. According to Carlisle, the transaction is subject to customary closing conditions, including regulatory clearances, and is expected to close in the…
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Myanmar raises US$102 million in rubber exports
The Myanmar Ministry of Commerce says that Myanmar has earned more than US$102 million in raw rubber exports, up from US$94 million last year. Reports from export earnings published from April 1 to October 11 this year states that more…
Unimatec Chemicals expands in US
Unimatec Chemicals, which is recognised for its Noxtite brand of FKM, ACM and HT-ACM polymers (high performance rubber polymers) and Cheminox curatives, is expanding in North America with the formation of Unimatec Chemicals America Inc. It anticipates enhanced customer service…
Finished rubber goods manufacturers in India seek import duty hike
SMALL and medium rubber manufacturers in India have demanded an increase in the import duties of finished rubber products to enable the local units to vie competitively with the fast growing cheaper imports. There are about 5,000 SME rubber units…
India’s first rubber park comes undone
RUBBER Park India Limited, which claims to be the first industrial park in the world exclusively for rubber-based units, is still incomplete after nearly a decade it was accredited. As work on the State’s second rubber park got under way…
Global consumption for rubber up 3.5% a year
Car sales in China soared 21% in September to an eight-month high, contributing to a record global sales in 2013, says LMC.
Tyre maker doubles capacity in Andra Pradesh plant
INDIA’s top tyre maker MRF, an enterprise that started as a toy balloon maker in 1946 in South India, is investing Rs 1,000 crore to double its capacity at a facility located in Andhra Pradesh, A state under bifurcation, near…
Chemtura’s US$40 million expansion in Germany nears completion
Specility chemicals company Chemtura Organometallics GmbH, a subsidiary of US-based Chemtura Corp, is expecting to complete the final phase by year end its US$40 million project in Bergkamen, in west-central Germany, Chemstura says that the move will greatly boost the…
Vernay, Quantex form partnership to develop disposable pump
US-BASED elastomeric flow control provider, Vernay, has partnered Quantex, a pump technology licensing company that has developed an innovative disposable pump system. Vernay will be marketing this technology. Quantex CEO Paul Pankhurst said that the partnership with Vernay will enable…
Tokai’s new auto anti-vibration rubber factory in India to start in November
JAPAN-headquartered Tokai Rubber Industries, Ltd has completed construction of the new automotive anti-vibration rubber factory in India Rajasthan Neem rana Industrial Park Phase, about 120km southwest of the centre of Dehli. The 1.3 billion yen-worth facility becomes the second production…