According to ECI International, next year’s Tyrexpo India will reflect on the huge investments local and international tyre manufacturers are making in producing TBR radials for the domestic market
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Continental takes over Malaysian Joint Venture
German firm Continental has purchased the remaining 30% interest from its Continental Sime Tyre joint venture in Malaysia from partner Sime Darby. Continental paid US$31 million in 2003 for a 30% in the unit, then increased its share to 51%…
Tyre makers report healthy revenues
With more vehicles hitting the road, leading tyre makers are hoping for healthy revenue growth in the next quarters.
Sun ramps up capacity in India
India-based Sun Tyre & Wheel Systems, a division of Sundaram Industries, plans to build a factory for making solid industrial tyres and related products at a new facility in South India. Sun Tyre did not disclose information pertaining to the…
Indian NR rubber on a high
Natural rubber production in India increased by 4.3% in fiscal 2011-12, according to the Rubber Board, with the growth to continue without much fluctuation. Production and consumption of NR in 2011-12 was 899,400 tonnes and 966,750 tonnes, respectively. NR consumption…
Trelleborg receives go ahead for jv
The European Commission has approved the proposed joint venture between Trelleborg and Freudenberg in anti-vibration solutions for light and heavy vehicles. With the go signal at hand, the two companies will start the last phase of preparations to bring the…
Thailand to clear illegal rubber farms
The Natural Resources and Environment Ministry of Thailand will invest US$1.58 million to clear extensive illegal rubber plantations in headwater areas in the south. According to the ministry, there has been extensive encroachment into national forest reserves and wildlife parks…
Sibur/Sinopec to produce nitrile rubber
Russian petrochemicals firm Sibur and China-based Sinopec have entered into a joint venture to produce butadiene nitrile rubber in Russia. Sinopec will have a 25.1% stake in the Russian rubber plant, which will have a capacity of up to 56,000…
Lanxess beefs up rubber plant in Belgium
German speciality chemicals company Lanxess has strengthened its butyl rubber plant in Zwijndrecht, Belgium, by having expanded capacity by 10% and building two new pilot plants for R&D for butyl rubber. The biggest share of butyl rubber produced in Zwijndrecht…
NBR in growth mode
From automotive, aerospace to industrial and consumer goods, nitrile butadiene rubber (NBR) will enjoy limitless uses from these applications, says Global Industry Analysts (GIA) in its latest report. Demand for NBR is closely tied to strong GDP growth, which is…