Amerityre Corp.’s net loss for the quarter ended March 31 was 45% deeper than a year earlier despite 17.4% higher sales. Amerityre’s net loss — its 67th consecutive money-losing quarter — was US$218,128 on sales of US$1.01 million. Amerityre, a…
Author: admin
Top Glove to spend on automation upgrades
Glove maker, Top Glove Corp Bhd announced that it will invest about RM40 million (approximately US$12.5 million) this year to upgrade its production lines as part of a strategy to mitigate the effects arising from the minimum wage to be…
Rubber & metal drive Sri Lanka’s Q1 exports
Sri Lanka’s first quarter exports remained strong desite volatile global oil prices and global downturn. Appearing unaffected, the country reported only a marginal 1.4% export drop (US$2.63 billion) compared to last year’s first quarter at US$2.67 billion. Minister Rishad Bathiudeen…
Worldwide growth in Pirelli output
Factory expansion, increased output and distribution-network consolidation, these are the strategies that Pirelli is adopting throughout the world
Thai Government buys 4,300 tonnes Rubber in Intervention
Under its intervention programme, the government of Thailand has bought only 4,300 tonnes of rubber sheet from farmers ar below the target of 200,000 tonnes, and it has had minimal impact on prices, government and industry official said on Tuesday…
Yokohama opens new tyre plant in Russia
The plant, which is scheduled to go into full operation in the summer of 2013, has a building area of 43,000 sqm and an annual production capacity of 1.4 million tyres
PolyOne Distribution Adds Cariflex Polyisoprene Rubber Solutions for Healthcare
Addition of Cariflex polyisoprene rubber strengthens PolyOne Distribution’s healthcare portfolio
Supermax bolsters US presence
The new facility will have 20,900 sqm space, enough room for future expansions in the next 5 to 10 years
Lanxess to improve French production site for green tyres
Lanxess plans to shell out EUR30 million for Port Jérôme site by 2015
Rubber clings on China stimulus
Rubber advanced, reversing earlier losses after Chinese policy makers pledged new spending, boosting speculation that demand from the world’s largest consumer may weather Europe’s debt crisis and keep expanding. November-delivery rubber gained 0.6% to settle at 271.9 yen a kg…