It is divesting its automotive operation to allow it to focus and develop its automotive-related operations…
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Nitrile glove price war soon
Glove maker says latex suppliers have over-expanded their capacity
Maryland lawmakers get an earful on tyre-aging scheme
MD, U.S. – RMA and TIA – with an army of 45 other supporters – testified against a proposed tyre-aging bill that has been introduced to the Maryland house and senate. The bills – HB 729 and SB 940 –…
Daihatsu to set up automatic transmission plant in Malaysia
OSAKA – Daihatsu Motor Co. said it will invest about 5 billion yen to set up a plant in southwestern Malaysia to manufacture automatic transmissions for vehicles. The Japanese automaker aims to start operating the plant in Negeri Sembilan in…
Indonesia 2012 rubber output may fall to 3m tonnes
Indonesia’s natural rubber output may fall to 3 million metric tonnes this year from 3.1 million tonnes last year as heavy rain reduced tapping, according to Asril Sutan Amir, chair of the Rubber Association of Indonesia. Exports may decline to…
Pirelli puts a new spin on rubber with PZero motorcycle boots
ITALIAN tyre maker Pirelli is putting a different kind of rubber to the road with a new biker boot from its 10-year-old fashion brand, PZero. Inspired by the company’s performance tyres and designed in collaboration with high-end shoe designer Diego…
Rubber climbs to 5-month high on declining supply, Greek bailout
RUBBER extended gains for a fourth day and reached the highest level in five months amid declining supply in Thailand and after Europe agreed on a second bailout for Greece. The July-delivery contract advanced 2.8% to settle at 337.6 yen/kg…
Rubber trade with China booms: Vietnam
HO CHI MINH — Unofficial, small trade border transactions continue to flourish in Vietnam’s rubber export to China although their number has fallen recently, industry insiders say. Rubber demand and prices have increased in the first months of this year,…
RM26m for rubber replanting
LUNDU -The Rubber Industry Smallholders Development Authority (RISDA) has targeted to replant 5,000 ha of old rubber plantations in Sarawak with the latest high-yield rubber clones this year. Chairman Tan Sri Rahim Tamby Chik said the agency had allocated RM26.5…
Honda announces changes to its U.S. executive leadership
US – Honda recently announced several U.S. management changes “designed to strengthen its North American regional operations to further speed decision-making and increase efficiency and competitiveness within the region.” Tetsuo Iwamura – president of American Honda Motor Co. Inc., chief…