THAILAND is set to propose another year extension on reduction in shipments from top suppliers to prevent price shortfalls. Thailand, along with Indonesia and Malaysia , represent about 70% of global output. According to Thailand’s Deputy Farm Minister Yuttapong Charasathien,…
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Different strokes to hit growth targets of Asian auto sector
Looking at China, India and the ASEAN bloc, each has succeeded in weathering challenges in varying levels through the strategies employed. But which strategy calls the shots?
Rhein Chemie posts growth in 2012, expands tyre industry portfolio
RHEIN Chemie, a wholly owned subsidiary of speciality chemicals company Lanxess, grew its global sales in fiscal 2012 to EUR344 million, a slight increase over the previous year’s EUR332 million. In 2012, the group generated sales of EUR9.1 billion and…
Synthomer and DKSH form distribution partnership in Asia
EMULSION polymers supplier Synthomer and chemical distributor DKSH Business Unit Performance Materials have entered into a regional distribution partnership covering India, the Philippines, Vietnam, Myanmar, Laos, Cambodia and Thailand. The contract , which covers Synthomer’s Construction & Coatings and Functional…
BKT and GRL showcase new tyre ranges at trade show in Singapore
INDIAN OTR manufacturer BKT has introduced two new tyres to its materials handling range at the Tyrexpo Asia , held 19-21 March in Singapore. Debuting at the show were 445/95 R25 Airomax AM27 pattern for high speed crane fitments and…
Aeolus targets world’s top 10 tyre makers rank
CHINA-based Aeolus has confirmed its ambition to become one of the top 10 tyre makers in the world General Manager Wang Feng said that their company’s goal is to even top the likes of South Korea’s Hankook Tyre Company in…
Versalis and Pirelli form joint research on guayule-based rubber tyre
VERSALIS (Eni) and Pirelli have entered into a Memorandum of Understanding (MoU) for a joint research project for the use of guayule-based natural rubber in tyre production. The research project will span a period of three years. On an exclusivity…
Tokai Rubber to acquire Brazilian auto parts firm
Tokai Rubber Industries, Ltd. has announced that its board of directors resolved to acquire the shares of a Brazilian manufacturer of automotive rubber parts, Produflex Minas Industria de Borrachas Ltda., and Produflex MG, an automotive anti-vibration solutions provider, becoming its…
Cooper Tire and partners review guayule polymer project
COOPER Tire & Rubber Company, Yulex Corporation, Arizona State University (ASU), and the Agricultural Research Service (ARS) of the U.S. Department of Agriculture (USDA), partners for the guayule polymer development for tyres project met recently at the Cooper Tire &…
Lotte Chemical, Ube Industries and Mitsubishi coalesce for BR production in Malaysia
JAPAN-based Ube Industries, Ltd. and Mitsubishi Corporation, and South Korea-based Lotte Chemical have formed a joint venture (JV) to manufacture and market butadiene rubber (BR) in Johor, Malaysia. The JV will be licensed manufacturing technology from Ube, and will construct…