Supply strained by virus spread The persisting spike of coronavirus cases in Thailand, Indonesia, Viet Nam, and Malaysia- which together account for nearly 70% of the global production of natural rubber (NR), has raised new concerns over the supply of…
Category: Feature
Akrochem forays into paint, coatings sector with new acquisition
US rubber chemicals and compounding materials provider, Akrochem has secured Texas-sited Bech Chem LLC, a company with more than 25 years of experience in the global chemical supply chain. The transaction is effective immediately, and Akrochem said it continues to…
Michelin takes anew 20% Enviro Systems shares
French tyre maker Michelin has reportedly secured again a total of 20% of the shares in Gothenburg-headquartered tyre recycling company Enviro Systems following the dilution of its holding in May as a result of the completed new issue. The increase in its…
Bridgestone to sell SR subsidiary in China to LCY Chem
Bridgestone Corporation has planned to sell Bridgestone (Huizhou) Synthetic Rubber Co, Ltd, (BSRC) its subsidiary in China manufacturing synthetic rubber for passenger car tyres, to Taiwan-headquartered LCY Chemical Corporation, a company which operates materials and chemicals business on global basis.…
Orion Engineered Carbons pioneers renewable carbon black in tyre treads
Orion Engineered Carbons SA, a Luxemburg-headquartered global supplier of specialty and high-performance carbon black has launched Ecorax Nature, the first highly reinforcing carbon black grade developed for rubber applications utilising industrial grade, plant-based oils; a renewable, non-fossil derived feedstock, which can…
Toyoda Gosei begins shipment of e-Rubber “Smart Insoles” samples
Japanese rubber and plastic auto parts producer Toyoda Gosei Co, Ltd has developed “Smart Insoles” with embedded e-Rubber sensors that can obtain foot pressure data during movement. The company began shipping samples of Smart Insoles to a golf school operated by…
Eneos acquires JSR Corporation’s elastomers business
Japanese petroleum company Eneos Corporation has signed an agreement with Japanese synthetic rubber manufacturer JSR Corporation to acquire the latter’s elastomers business, which includes the manufacture and sale of synthetic rubber. JSR, whose main product is solution polymerisation styrene-butadiene rubber…
LKL plans to enter rubber gloves, PPE sector
Malaysia-based LKL International Bhd (LKL), an investment holding company involved in the manufacturing and trade of medical equipment and accessories, is planning to diversify into the rubber gloves and personal protective equipment (PPE) sector. The company is reportedly proposing a private placement…
Trelleborg divests Norwegian offshore oil & gas operation
Swedish engineered polymer solutions firm Trelleborg has reduced its assets in the offshore oil & gas segment after divesting its offshore operation in Norway. In the financial statements the operation is recognized among Assets held for sale. It had annual sales of…
GRI opens new Sri Lankan rubber collection centre; boosts rubber community support with Green X Circle
Global Rubber Industries Pvt Ltd (GRI), a specialty tyres manufacturer in Sri Lanka has opened its latest rubber collection centre in Buttala in the Monaragala District, as part of the company’s Green X Circle initiative. GRI jump-starts 2021 with outreach initiatives,…