Category: Industry News

Increased medical demand a boon for General Silicones

Unlike most companies, Taiwanese specialist silicone products manufacturer General Silicones Co., Ltd. seems to be thriving even during the coronavirus pandemic. The company is said to have experienced an “unprecedented” 65% increase in global demand for its medical-grade products in…

IRSG adds Hong Kong member, China to impose antidumping duties

The International Rubber Study Group (IRSG) has a new member in Hong Kong-based Caravel Group Ltd. – Caravel Group has three primary operating units, Caravel Asset Management, Caravel Maritime and Caravel Resources, that provide “leading maritime services, trading and logistics…

Arlanxeo to shut down Nd-PBR plant in Singapore

One of the world’s largest producers of synthetic rubber and a wholly-owned subsidiary of Saudi Aramco, Arlanxeo is said to be closing its 140,000-tonne/year neodymium-based performance butadiene rubber (Nd-PBR) plant in Jurong Island, Singapore. In a statement to its customers, Arlanxeo says this is in…

Yokohama consolidates OHT businesses under new global entity

Japan-based Yokohama Rubber Co. Ltd. (Yokohama) will consolidate its various off-highway businesses into one single entity under its Grand Design 2020 (GD2020) medium-term management plan. This new entity, named Yokohama Off-Highway Tires (OHT), will merge the Alliance Tire Group (ATG),…

JK Tyre under probe for 2018 bid-rigging case

JK Tyre and Industries Ltd. (JK Tyre) is under probe after the northern state government of Haryana accused the tyre manufacturer of being involved in fraudulent actions which resulted in a non-competitive bid back in 2018. The Competition Commission of…

Outlook for European tyre sector worrying, ETRMA says

Against the back of the impact of Covid-19, the European Tyre and Rubber Manufacturers’ Association (ETRMA) says demand for passenger vehicle tyres is expected to fall due to limited transit demand and authorities in several states restricting citizens to limit contacts…