Latexx Partners Bhd, a rubber-glove maker, slid 3 per cent to RM1.63, headed for its lowest close since Oct 21. Its fourth-quarter earnings slumped to RM926,000 from RM5.6 million a year earlier, according to an exchange filing. Source:
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Chinese firm buys rubber company
CGS group sells off its full share in Buzuluk to Dalian and focuses on off-road tyres and technical rubber
Yokohama defers sales target and sets up Chinese R&D
A 250 million yen-centre for testing raw materials and delaying the sales target are part of growth plans
Wide range for “green tyres”
With an annual growth rate of 10%, “green tyres” are the fastest growing in the market
Tyre makers expand in Vietnam and Bangladesh
Southern Rubber Industry JSC and Ceat are building facilities and increasing capacities
Reliance and Sibur firm up Indian jv
Reliance Sibur Elastomers will be the first manufacturer of butyl rubber in India and the fourth largest supplier
of the polymer in the world
Sales of vehicles grow in Asia and UK
Demand for new passenger cars and commercial vehicles totalled 2.69 million
units, a 16.7% drop from the 2010 figure
Wacker extends silicones supply
MUNICH-based chemicals group Wacker has tied up with Spanish silicones compounder Siliconas Silam to sell ready-to-use products made from Wacker silicone rubber base under its own label. Customers include the automotive, construction, cable and household goods industries. Siliconas Silam has…
Sumitomo breaks ground on facilities in Singapore and Brazil
JAPANESE firm Sumitomo Chemical recently held a groundbreaking ceremony for its new 40,000 tonnes/year
solution styrene butadiene rubber (SSBR) plant in Singapore, based on the high growth of SSBR in tyres.
Michelin targeting double-digit billion mark
Its advantages include forefront positions both in the premium tyre segment and in all of its speciality businesses