Amin Amiri of a2e Venture Catalysts has acquired a majority controlling stake in UK-based Industrial Latex Compounds (ILC) that has a turnover of circa £16 million. ILC, originally part of Dow Chemical, is a “veteran” of the latex industry, boasting…
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Rhein Chemie opens 170k capacity-bladder unit in Brazil
German speciality firm Lanxess’s subsidiary Rhein Chemie has opened a new production facility at the Porto Feliz site in Brazil, to produce 170,000/year Rhenoshape high-performance curing bladders, which are used in tyre manufacture.
Yulex funds university’s 5-year rubber research on Guayule
THE UNIVERSITY of Arizona (UA) receives a US$3 million grant from Yulex Corp for research on breeding the guayule plant to produce biorubber for medical and other applications. The 5-year grant will be used to apply classical breeding along with…
Thailand district rubber plantation encroaches forest reserve
A FOREST reserve in the Wang Thong district is reportedly on the brink of being spoiled, as an approximately 2,000 rai of land in the vicinity of the district’s river basin forest is being developed into a rubber plantation. Allegedly,…
India’s Rubber Board and RSDC to train rubber planters
Vinod Simon, Chairman RSDC said the programme could benefit an estimated 1 million planters who are involved in NR plantation in the country.
Liberty denies Kumho’s claims on recalled tyres
LIBERTY Tire Recycling L.L.C. refutes claims by Kumho Tire U.S.A. Inc. that it sold thousands of recalled tyres as used tires, instead of recycling them. It furthered that Kumho did not notify the company that the tyres had been recalled…
New harder tyre could up Mercedes’s F1 score
Apart from a more perrnissible weather in Europe, the Mercedes team also expects to score up with the new harder tyres.
Tyre and auto sectors push down Lanxess sales; Asia Pacific still holds firm
Lanxess says that additional measures are planned in the Performance Chemicals segment and it will reduce its capital expenditure budget as well.
Kenda produces prototype tyre from new plant in China
KENDA Rubber Industrial Co. Ltd. has produced its first prototype tyre from its new factory in Tainjin, China. The company’s second automotive factory within the last five years, will be producing tyres for the European, African and Asian markets. Kenda’s…
Bridgestone posts 9% increase in sales for Q1 2013
Bridgestone Corporation has reported net sales of 794.5 billion yen in the first fiscal quarter of 2013, an increase of 9% from the first fiscal quarter of 2012 . Operating income also increased 18% from 74.4 billion yen, Ordinary income…