Sri Trang Group has formally presented its strategic direction for the future at the 2025 Sri Trang Town Hall, held under the theme “Growth of the Infinite Future.” The Thailand-headquartered company and leading sustainable rubber glove manufacturer outlined a strategy to…
Category: Industry News
Avanzare drives rubber sector innovation with new R&D unit
Avanzare Group, a Spain-based supplier of specialty additives, has launched Elastika by Avanzare, a new research and development unit focused on the rubber sector, strengthening its strategy to lead through innovation and collaboration in a competitive market. Elastika unites Avanzare’s materials…
Prism introduces tech to up the ante on recycled tyre products
Tyre recycler Prism Worldwide has announced a trio of innovations, with key advancements in odour reduction, sustainable thermoplastic vulcanisates (TPV) development, and high-content Ethylene Propylene Diene Monomer (EPDM) reuse, challenges it adds that have long been considered barriers to wider…
Tosoh to expand capacity of chloroprene rubber in Japan
Japan’s Tosoh Corporation has announced its plan to increase the production capacity of its Skyprene chloroprene rubber (CR). The plan will see the company add a second CR production facility at its Nanyo Complex in Shunan City, Yamaguchi Prefecture, to…
New chapter for ZC Rubber’s listing on Shanghai Stock Exchange
China’s ZC Rubber (Zhongce Rubber Group Co Ltd) has successfully debuted on the Shanghai Stock Exchange (SSE) under stock code 603049. The company’s initial public offering (IPO) of 87.45 million shares at RMB 46.50 per share has a market capitalisation…
Michelin to close Mexican plant; loss of 500 jobs
Against the back of market changes, French tyre maker Michelin Group plans to close its tyre manufacturing plant in Querétaro, Mexico, by the end of 2025, citing shifts in the passenger car and light truck tyre market as the primary…
Enviro’s CEO and CFO add on 9 mn shares in Enviro’s issue
Tyre recycler Scandinavian Enviro Systems (Enviro) CEO Fredrik Emilson and CFO Fredrik Aaben have subscribed to a total of 8,908,844 additional shares in Enviro’s recently concluded rights issue. In total, they have now subscribed to nearly 13 million shares in the…
Continental to discontinue truck/bus tyre biz in India; focus on passenger car/light truck tyres
German tyre maker Continental has announced a realignment of its product portfolio in India. In future, the company will fully focus on the profitable growth of its Passenger Car and Light Truck tyre (PLT) business. As part of this transition,…
Datwyler streamlining US network; to close one facility
Swiss supplier of system-critical components Datwyler is streamlining its US production network as part of its transformation program. Operations at the Vandalia site in Ohio will be transferred to two existing locations in California and Ohio. The site will close by the…
Continental to increase share of renewable/recycled materials in tyres
German tyre maker Continental is integrating even more renewable and recycled materials into its tyre production. While the share averaged 26% in 2024, the tyre manufacturer expects this figure to increase by two to three percentage points in 2025. This…