IRSG’s latest October-December 2011 report says that global rubber consumption reached 25.8 million tonnes by end Q3 2011
Author: admin
TRA forecasts mixed outlook for rubber
THE Thai Rubber Association (TRA) expects stagnancy in the rubber scenario in 2012 amid the global economic recession, following data from International Monetary Fund that forecasts global GDP growth of 4% in 2012 and 3.2% in 2020 respectively due to…
Resin supplier eyes Western markets
SINO Legend (Zhangjiagang) Chemical, the largest Asian manufacturer of resins for the tyre and rubber markets, plans to expand into the US and European markets, with possibility of setting up facilities there. Red Avenue Chemical is serving as Sino Legend’s…
Weir reaches out to India
UK-based Weir Group, which has interests in mining and engineering services in India, has invested INR60 crore to set up a 200 tonne/year-rubber facility in Bangalore to serve the requirements of the domestic mining industry. The new facility has precision…
Asahi en route to second SSBR plant
ANOTHER Japanese supplier Asahi Kasei Chemicals will construct a second plant in Singapore to produce solution-polymerised styrene-butadiene rubber (S-SBR), with capacity of 50,000 tonnes/year. The new plant will be located adjacent to an S-SBR plant of the same capacity which…
The ergonomics for a leading position
Malaysia’s slide from the top spot was due to a commodity shift to palm oil that provided higher returns
Pirelli invests in Russia
FRENCH tyre maker Pirelli is investing EUR2.4 billion over the next five years, including EUR200 million in Russia. Having signed a joint venture agreement with the Russian Technologies State Corporation in 2008, Pirelli will now buy the Kirov and Voronezh…
Dunlop adds on belts in Europe
DUNLOP Conveyor Belting will invest up to EUR6.4 million in the Netherlands and elsewhere. Costing EUR2.5 million, the first phase will add a new press at the Drachten site to produce rolls of up to 4 m diameter (20 tonnes)…
Pyrolysis process patented
US-based recycling technology company Polyflow has obtained patents from the US and Australia for its proprietary pyrolysis process that converts mixed and contaminated plastic and rubber waste into transportation fuels and chemical intermediates. The Akron-based company is designing a full-scale…
Higher sales for Yokohama from tyre business
JAPANESE rubber supplier Yokohama Rubber increased its net sales by 8.4% to 258.2 billion yen in the first six months, due to a surge in tyre business, led by strong sales in Japan’s replacement market. Its operating income declined 8.3%…