IN light of the growing demand for solution styrene-butadiene rubber (SSBR), Japanese firm JSR increased the capacity of its Yokkaichi plant from 25,000 to 60,000 tonnes/year last year. It also has a 30,000-tonne/year SSBR facility with Styron in Europe and…
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Maplan continues strategic growth plan
CAPITALISING on its plastics manufacturing expertise, Austrian machinery firm Maplan will develop more vertical machines for a wide range of needs, with injection from top to bottom especially for applications that require a lower working height. For automated production applications,…
Michelin sells Paris hq, builds plants in US and Serbia
AFTER consolidating its Paris-based staff operations to a new site in Boulogne-Billancourt, French tyre maker Michelin has sold the 12,000 sq m property for EUR110 million to domestic insurance group Covea. Michelin will earn a capital gain of nearly EUR100…
China moves to green tyre and radial standards
A “green” tyre programme is in place, requiring half of the nation’s tyre makers to produce fuel-efficient tyres.
Weather deflates global rubber output
In Malaysia, unseasonal rains for almost a month from mid-February onwards have disrupted harvesting of trees.
Kotagala to plant rubber in Cambodia
SRI Lankan plantation firm Kotagala Plantations will plant 20,000 ha of rubber in Cambodia. Valued at US$70 million, the project aims to address the inadequate local production and rising costs of rubber in Sri Lanka. The plantation will be managed…
Rubber chemicals see elastic demand
GLOBAL demand for rubber processing chemicals is forecast to increase 4.7% a year through 2015 to 1.35 million tonnes. Gains will be driven by continuing robust gains in the Asia Pacific region (especially China) and recovery in demand in the…
China sets up Nd-BR project and hits high on carbon black
TO support the development and production of neodymium-catalysed butadiene rubber (Nd-BR), China has initiated a four-year project to study the chemistry, engineering and practicality of a pilot-scale reactor. The project involves the nation’s top research institutions and universities such as…
Asia Carbon reports healthy revenue
Its average sales price was US$988/tonne during 2011, up by 11% from US$894/tonne in 2010.
Shares of Goodyear Tire & Rubber under pressure, down 2.3%
Goodyear Tire & Rubber is a company whose shares are active, trading 2.3% lower to US$11.80. The Dow Jones Industrial Average is now trading 0.4% lower to 13,066 and the S&P is trading 0.6% lower to 1,395. In the past…