MARYLAND-based Singer equities Inc. has acquired the operating assets of Cleveland, Ohio-based Summers Rubber Company. The latter, which is operating through eight locations in Ohio and Pennsylvania is recognised as one of the premier industrial rubber distributors in the US.…
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Top Glove inks deal with IT firms
The Malaysian glove manufacturer has recently signed a pact with technology partners SAP Malaysia and Brightee Solutions for utilising IT across Top Glove’s business operations.
New ExxonMobil Chemical EPDM rubber grades at the IRE
AMERICAN chemical specialist ExxonMobil Chemical is introducing its new EPDM rubber grades at its various distributors’ booths during the 7th India Rubber Expo & Tyre Show to be held January 22-24 at the Bombay Exhibition Centre in India. Three new…
World’s largest butanol plant to rise in Jubail
A THREE-way shareholders agreement to establish the first ever butanol plant in the Middle East and the world’s largest has been signed.
Zeon Chemicals to boost its acrylic rubber capacity
ZEON Chemicals L.P. , a fully owned subsidiary of Zeon Corporation is increasing production capacity of its Kentucky-based HyTemp acrylic rubber plant, 1.5 times higher than the present level by July 2013. The demand for acrylic rubber, an oil-resistant component…
Rubber Research buys a Minnesota plant
HONG KONG-headquartered Rubber Research, Inc. has purchased a manufacturing plant in Ogilvie, Minnesota, USA. The three-building plant, spanning 2.4 acres was the former home of Hi-Tek Rubber, Inc.’s manufacturing operations. RRI recently signed an agreement to purchase Hi-Tek. The facility…
Global demand for natural rubber still positive in 2013
Bustling industrial activities in emerging economies; and fiscal stimulus in Japan and the US are likely to drive demand.
Thai rubber exports forecast to grow
Higher demand from emerging markets of China, India and Brazil are seen to propel Thailand’s rubber exports, which is estimated to grow by 3 to 5%.
India’s synthetic rubber demand goes up by 6%
Consumption of SR climbed by 6% to 2.26 lakh tonnes in the first half of this fiscal year, according to the Indian Rubber Board.
K&M buys Michigan Tire
US tyre wholesaler K&M Tire has acquired tyre dealer Michigan Tire & Wheel , following the completion of the deal on December, 2012. This is K&M’s third acquisition for 2012. K&M will be servicing its new dealer customers from its…