BELGIAN chemicals firm Solvay recently held a ground breaking ceremony for the construction of a 85,000-tonne/year Highly Dispersible Silica (HDS) facility in Poland. The new plant represents a EUR75 million investment that will create more than 50 new jobs. The…
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IRSG to revise demand forecasts for rubber based on slow economic growth
The growth in global demand for natural and synthetic rubber will be slower than previously expected this year, against concerns about the health of the world economy.
Indian rubber group seeks freeze on rubber import levy
THE ALL India Rubber Industries Association (AIRIA) has urged the Government to dissolve Customs duty on imported raw materials such as butyl and other synthetic rubbers to abate influx of cheap Chinese imports into the domestic market. The group said…
Slow demand weighs down on Malaysian rubber market
SLOW DEMAND and bleak global economic prospects seem to linger far too long, affecting commodities market. Citing a report from the country’s news agency, Bernama, the Malaysian rubber market is seen to drop further in the week. The decline is…
Upcoming latex conference to highlight key rubber issues
According to the organiser, US-headquartered Smithers Rapra, delegates will share knowledge regarding the latest market, technology and materials news – from manufacturing procedures, to raw materials, as well as the development of analytical procedures and regulations.
Sabic and ExxonMobil to develop rubber products
SABIC (Saudi Basic Industries Corporation) and US-based petrochemical firm ExxonMobil Chemical have teamed up in the SR12.75 billion elastomers project being constructed at the Al-Jubail Petrochemical Company (Kemya) complex in Jubail, which is a 50:50 joint venture of Sabic and…
Asia Carbon announces Q1 earnings, facility conversion
China-based carbon black products producer Asia Carbon Industries, Inc. announced its earnings for the quarter ended March 31, 2013. The Company, whose shares trade in the US on the OTCQB Tier of the OTC Markets under the stock symbol “ACRB”,…
Trelleborg concedes to EU cartel verdict
“We do not share the General Court of the EU’s view of the legal position, but regardless of this fact, the judgment means that we can finally put an end to an issue that we have lived with for many years and we can now move forward,” said CEO and President Peter Nilsson.
Bridgestone beats design patent rap in China
BRIDGESTONE Corporation has won an infringement of design patent rights lawsuit against Qingdao Genco Industrial Group Co., Ltd. in Qingdao, Shandong Province, China. The tyre maker argued that Qingdao Genco Industrial Group Co., Ltd,, after it has been found to…
India seeks to expedite appeal for rubber levy hike
THE INDIAN Commerce Department urges the Finance Ministry to expedite on its recommendation for import duty hike on rubber to aid domestic farmers against falling prices. Rubber prices dropped from Rs 230 a kg in the previous year to about…