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Sumitomo Rubber posts drop in Q1 sales, earnings

SUMITOMO Rubber Industries Ltd. has reported sales and earnings slipped for the first quarter ended March 31. Operating income fell 6.5% to US$162.3 million in the first quarter. Sales also hit low at 1.8% to US$1.78 billion. Net income dropped…

Emrald Tyres joins upcoming Tyrexpo India

INDIAN tyres and wheels maker Emrald Tyres has confirmed its participation in the upcoming Tyrexpo India on 9-11 July at the Chennai Trade Centre. Chennai-based Emrald produces a complete range of tyres, tubes, rims and wheels for the materials handling…

High heat additive for HCR

GSDI, a subsidiary of PolyOne and a supplier of colour and additive dispersions for silicone rubber, has launched Silcosperse 500 dispersion to help customers enhance the heat resistance to improve High Consistency Silicone Rubber (HCR) performance in specialised, high-temperature applications.…

Titan to buy stake in Russian tyre maker

A CONSORTIUM of the Russian Direct Investment Fund (RDIF), Titan International, one of the world’s largest manufacturers of agricultural and industrial tyres, and One Equity Partners (OEP), a global private equity fund and a subsidiary of JP Morgan Chase, are…

Gloves paired with outbreaks of diseases

The market share for gloves has increased , with sales going up in the wake of a new strain of the H9N7 avian flu outbreak in China, reviving fears among the public of a new epidemic , only a decade after the SARS outbreak.

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.…