THERE has been no rubber tapping in Kerala, India for more than two weeks because of monsoon rains, an industry official recently said. “Supply is extremely tight in the domestic markets as there’s been no production in the last 19…
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EPDM prices to plunge further in Asia
ETHYLENE propylene diene monomer (EPDM) prices in Asia are likely to fall further with surplus stocks in Europe being offloaded into the region at cheaper prices, while demand in the key downstream automotive sector remains weak, industry sources said recently.…
Lanxess: Auto market remains challenging
Shares in the firm dropped to a two-month low as the company said it was mired in weak car markets that showed no sign of recovery.
Trelleborg renews tyre tie-up with Agco
SWEDEN-based Trelleborg AB, the parent company of Trelleborg Wheel Systems Americas Inc, has renewed its long-term agreement with Agco Corp for the development and innovation of agricultural tyres. “Following the recognition of Trelleborg as the best EAME (Europe, Africa and…
Performance Additives focuses on renewable technology
The firm’s CEO Michael E. Wolers says that the company is committed and always pushing for Green Packaging and Recycling.
Lanxess steps up its butyl rubber footprint in Asia
German speciality firm Lanxess has invested over EUR500 million to upgrade its global butyl rubber manufacturing units in Canada and Belgium and build a brand new facility in Singapore, adding around 200,000 tonnes/year of capacity in total. It is expecting…
Simtec Silicone Parts to move headquarters closer to clients
US-based Simtec Silicone Parts is investing US$3.5 million and hiring 40 people for its headquarters relocating from Wisconsin to Florida. Simtec makes liquid silicone rubber (LSR) into components used in industries from autos to health care to consumer products. The…
Pirelli sports bike tyres debut in Australia
The new Angel GT sports touring motorcycle tyres at the Morgan Park Raceway in Australia. The the most recent addition to the Pirelli family boasts a sports pedigree and high performance on dry roads as well as wet for the entire life cycle of the product.
Insufficient demand does not curb rubber glut, says analyst
The increasing global car production triggering rising demand for tyres does not curb the glut caused by farmers expanding output by 18% in three years after prices more than doubled since the end of 2008.
Taiwan’s major tyre firms to upscale output
Stable raw material prices, natural rubber and synthetic rubber costs are expected to remain low this year and manufacturers benefiting from the cost savings.