With an estimated 1.5 billion tyres discarded each year worldwide, creating significant waste, Greenergy, a supplier and distributor of transportation fuels, says that it will invest in Front End Engineering Design (FEED) of a project to produce low-carbon transportation fuels from waste tyres. In the first…
Category: Industry News
Hainan Rubber, Wangfujing Group forge JV on duty-free goods for Hainan market
Chinese general merchandise retailing company, Wangfujing and the country’s largest natural rubber manufacturer, Hainan Rubber formed joint ventures to enter Hainan’s offshore duty-free market, taking advantage of a yet to be implemented new tax-exempt policy, according to reports. The partners…
Russia to revise fiscal policy to support rubber producers
Russian President Vladimir Putin ordered to prepare amendments to fiscal laws providing for the use of a cushioning mechanism for synthetic rubber sales, according to the Russian news agency, Tass, citing the list of assignments posted on the Kremlin’s website early…
New tyres, plants, digital innovation in the pipeline for ZC Rubber
ZC Rubber Group is on track with its growth and goals targets, according to its Chairman Shen Jinrong during the company’s China Distributors Conference at end of December, where it shared its 2020 achievements, and vision for digital innovation. According…
New super rubber is jelly-soft inside, metal-tough outside
University of Virginia School of Engineering Assistant Professor Liheng Cai is developing a new synthetic rubber that is not stereotypical of durable materials that are stiff, heavy, and bulky. Cai’s lab is heeding the challenge of coming up with a…
LafargeHolcim to acquire building products unit of Bridgestone Americas
Switzerland-headquartered building materials specialist, LafargeHolcim is acquiring US-based commercial roofing and building envelope solutions company, Firestone Building Products (FSBP) for US$ 3.4 billion. Founded in 1980, FSBP is a business unit of Bridgestone Americas and part of Tokyo-based tyre maker Bridgestone Corporation.…
Momentive to take over KCC’s Silicones business in UK, Sokor
US-headquartered silicones and advanced materials company, Momentive Performance Materials has reached a definitive agreement to acquire KCC Corporation’s (KCC) Silicones business in Korea and the UK, as well as its sales operations in China, further enhancing Momentive’s global capabilities in advanced…
IRSG forecasts rubber growth to rebound by 7% in 2021
Singapore-headquartered International Rubber Study Group (IRSG), in its latest data on production, consumption, trade and prices, covering both natural rubber (NR) and synthetic rubber (SR), says for the year 2021 total rubber demand is forecasted to rebound by 7.1%, under…
Sabah rubber gets a leg up with regreening initiative, monsoon aid
The Sabah state government aims to boost its 100-million tree planting campaign with 36 million trees to be planted within a period of five years in conserving and regreening areas that have been exploited, according to Chief Minister Datuk Hajiji…
Demand for green tyres to buoy up high dispersible silica markets says report
The tyre industry continues to fuel demand for high-dispersible silica market, poised to reach US$ 1.8 billion by end of 2027, according to a new report by Transparency Market Research. High-dispersible silica is a form of precipitated silica, an active…