IN line with its strategy to divest non-aligned operations, Swedish firm Trelleborg has sold its Sweden and Lithuania-based protective product business to US firm Ansell for SEK210 million. The firm says its core competencies in the business are material development…
Category: Briefs
news briefs from PRA
SI to ramp up capacity in China
US chemicals maker, SI Group will construct an additional 30,000 tonnes/year facility for its phenolic resin manufacturing site at the Nanjing Chemical Industry Park in China. Valued at US$30 million, the facility will have a potential capacity of 70,000 tonnes/year.…
More golf balls in the US
TO meet the demand for its premium golf balls in the US, Bridgestone Golf will increase output at its Georgia facility by 40% this year. The firm will manufacture its popular Tour B330-RX family of PU-covered golf balls in Georgia,…
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…
Dunlop India in liquidation process
A CALCUTTA court order of liquidation means that tyre maker Dunlop India’s Sahaganj unit will cease to exist. Work at the firm’s plant was suspended last year over alleged trouble on its premises. The firm had bought tyre machinery but…
China’s Rubber Valley to publish patents online
CHINA’s so-called Silicon Valley-styled Rubber Valley is to make its rubber-related patents available online. A company known as Qingdao Rubber Valley Intellectual Property Information Center has been established by the China Intellectual Property Publishing House and Rubber Valley. The new…
Huber to double capacity in India
GERMAN firm Huber Engineered Materials is on track with the expansion of its Indian precipitated silica plant in Jhagadia, which is on schedule and set for completion in the fourth quarter of 2012. The expansion will double the firm’s precipitated…
Sibur sells tyre plant to Pirelli
RUSSIAN petrochemical company Sibur has finalised the transfer of its Voronezh tyre plant to Pirelli and Russian Technologies joint venture. This follows the transfer, also from Sibur, in December 2011 of the Kirov tyre plant. The joint venture has invested…
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…
Latexx slides on fourth quarter earnings slump
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: