RUBBER farmers in Kerala have lost at least 30,000 tonnes of latex, as rains pummel incessantly in June, July and early August. Reportedly, losses amounted to more than Rs. 550 crore at the current price. Tapping has been stopped for…
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Michelin continues support to Yellowstone
MICHELIN North America Inc has renewed its five-year-old agreement with Yellowstone Park Foundation — the official fund-raising partner of Yellowstone National Park — covering tyres and vehicle maintenance advice for the park’s fleet of 800-plus vehicles. Since 2008, Michelin has…
Sibur starts up its Voronezh TPE facility
Russian petrochemicals supplier Sibur has launched production of styrene-butadiene thermoplastic elastomers (TPE), to be used for the road building industry and roof coatings, at its Voronezh-based facility. The production facility reached its full design capacity of 50,000 tonnes/year. The process…
Lankem Ceylon announces plan for rubber plantation in Cambodia
SRI LANKA-headquartered Lankem Ceylon Plc has announced that its unit, Kotagala Plantation, is planning to develop some 15,000 hectares of rubber plantation in Cambodia. Lankem’s Chairman A. Rajaratnam says via an annual report, “The area that will be used for…
BMW gets into the green supercar battle
BMW AG’s rechargeable i8 sports car is joining the list of green supercars. Ludwig Willisch, BMW’s North American CEO, said in a statement, “This is the supercar of the future: It has the driving performance of an M3, but gets more than 80 miles per gallon.”
Bridgestone starts Thai tech centre operations
As the markets in the Asian region continue to grow and diversify at a fast rate,Bridgestone believes that it is necessary to set up a technical centre in Thailand as a step to strengthen its framework for research and development in the region.
Modi rubber posts standalone June sales
NEW DELHI-based Modi Rubber, has reported a standalone sales turnover of Rs 1.05 crore and a net loss of Rs 1.69 crore for the quarter ended June 2013. Other income for the quarter was Rs 1.15 crore. Over the same…
High-yielding rubber planting in Sarawak starts
MALAYSIA’s Modernisation of Agriculture Minister Datuk Patinggi Tan Sri Dr Alfred Jabu announced that Penan and Kelabit communities in the remote area of Baram, Sarawak have already started with the planting of high-yielding rubber. Introduced early last year and launched…
Mesnac buys US testing equipment supplier
Chinese tyre equipment manufacturer Mesnac has purchased a majority interest in US-based Test Measurement Systems (TMSI) for an undisclosed amount. The TMSI brand and identity will be retained. TMSI CEO Dr. Jerry Potts and other senior management staff will remain…
Invista and SilicoLife to develop bio-derived butadiene
US chemicals firm Invista and Portugal-based computational biology company SilicoLife are collaborating to develop new technologies to enable bio-derived processes for the production of industrial chemicals like butadiene. The two companies are collaborating in order to further co-develop their technology…