OEM tyre maker VEE RUBBER is finally going into producing its own tyre brands, after more than three decades of producing tyres for other brands. By 2014, the Thailand-headquartered company will be launching several new models of tyres. Brand manager,…
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Indonesia mulls nixing export curb pact
The agreement of curbing rubber exports has since effected insignificant impact on global rubber prices.
Prevailing rubber price gaps hit the market
Experts said that the price gaps in the rubber market are currently too wide and volatile.
European tyres market hit low in 2013 Q1
Consumer tyres market was down by 12%,. according to ETRMA.
Nishikawa Cooper to expand production at Bremen plant
HIROSHIMA-headquartered Nishikawa Cooper (Nisco) will invest US$12.7 million in new equipment to expand production at its Bremen plant. Along with the installation that is expected to be completed by July, it is hiring 34 additional workers by 2015. The expansion,…
Truck sales in China can benefit rubber
CHINA has posted a 7.7% to 320,300 units rise in truck sales in March from a year earlier, according to a data released by China Association of Automobile Manufacturers (CAAM). According to Orient Futures Co. analyst Yan Xinbin, the positive…
Thailand and Malaysia to set up rubber industry zones
THAILAND’s Deputy Agriculture Minister Yutthapong Charassathien announced during the ASEAN Rubber Day staged 10 -12 April in Phuker, Thailand and Malaysia will jointly set up rubber industry zones along common border, and create more jobs for their peoples. Under the…
Eni/Versalis and Genomatica partner in bio-based butadiene
Italian firm Versalis (Eni) and US-based Genomatica are to jointly develop and license a technology for bio-based butadiene from non-food biomass, with Versalis providing US$20 million funding
Carbon black growth to be fuelled by demand from auto sector; Asia Pacific region
Global market volume for carbon black is to increase by more than 3.1 million tonnes until 2019, says German research consultancy Ceresana in its latest report on the industry sector.
Trelleborg acquires composites firm
Swedish engineered polymer group Trelleborg has acquired a niche UK-based composites company thus strengthening its position in offshore oil & gas. Trelleborg has, through its business area Trelleborg Offshore & Construction, signed an agreement and finalised the acquisition of Ambler…