Kottayam-based rubber products manufacturing company TPJ Group has signed a memorandum of understanding with China’s Jingdong Rubber to set up a white reclaim rubber production unit with an annual capacity of 1,200 tonnes in Kerala. White reclaim rubber is made…
Category: Briefs
news briefs from PRA
4-ADPA Patent Issue Resolved
Solutia, Jiangsu Sinorgchem Technology and Korea Kumho Petrochemical announced that they have reached a global settlement to resolve all disputes among them involving Solutia’s patents for processes to produce 4-ADPA, a chemical intermediate used to make rubber antidegradants. Under the…
Lanxess India experiences weak Q2 demand
While the demand in Q1 2012 was “okay”, the next quarter has seen no growth, the impact of which may be seen in the coming months, said Dr Datta Prasad Talekar, Senior Executive Director, Lanxess India Pvt Ltd. Current problems…
ContiTech buys specialist UK belt-maker
The German belts giant ContiTech has bought a British company, Specialised Belting Supplies, which makes mainly steep-angle conveyor belts for transporting bulk materials such as ore, coal or gravel. Production will stay at the company’s site in Thetford, Norfolk, where…
Conti submits retreads for SmartWay verification
Continental Tire the Americas L.L.C. has submitted its HDL Eco Plus ContiTread drive and trailer retread tire products to the U.S. Environmental Protection Agency’s SmartWay Transport Partnership for certification as low-rolling-resistance technologies, the tire maker said. Conti said it submitted…
Nexen reopens JV talk with Michelin
In a brief stock exchange filing, Nexen Tire Corp. has said it has re-opened discussions with Michelin in respect of a possible joint venture and expects those discussions to continue. The June 8 filing on the Korean Stock Exchange in…
Dow Hygiene & Medical Participates at ANEX 2012
Dow Chemical announced that it will be participating at ANEX 2012 (Asia Nonwovens Exhibition), which will be held from June 13 – 15 at Hall 10, Kintex II, Seoul, Korea. At this trade fair, Dow will showcase its diverse and…
Ajinomoto and Bridgestone to commercialise SR from biomass
Ajinomoto and Bridgestone announced a joint collaboration in developing synthetic rubber from bio-based isoprene, a new material produced using fermentation technology from biomass raw material. By 2013, the partners aim to commercialise this synthetic rubber for tyres. Addressing this challenge,…
Amerityre reports low quarter results
Amerityre Corp.’s net loss for the quarter ended March 31 was 45% deeper than a year earlier despite 17.4% higher sales. Amerityre’s net loss — its 67th consecutive money-losing quarter — was US$218,128 on sales of US$1.01 million. Amerityre, a…
Hexpol cites 2011 best year
HEXPOL Group announced that its sales rose by a healthy 89% to about US$1.06M. They increased their earnings by 72% to US$2.76 per share. Operating profit rose sharply to US$132.8M and operating cash flow remained strong, as previous years, amounting…