The world’s largest producer of natural rubber, Thailand, is likely to see higher shipments of rubber from the increased demand for rubber gloves and tyres, as well as the government’s proactive approach to promote rubber exports. Commerce Minister Jurin Laksanawisit…
Category: Industry News
Continental to shutdown underutilised Aachen, Germany, tyre plant
Continental AG, a leading tyre and automotive parts manufacturer, has confirmed that it will be shutting down its tyre production plant in Aachen, westernmost Germany. Continental believes the Aachen plant has been underutilised as of late – its closure will…
OCSiAl opens its first graphene nanotube R&D centre in Europe
Headquartered in Luxembourg, the world’s largest producer of graphene nanotubes OCSiAl has opened its R&D and technical support centre designed to develop next gen materials with graphene nanotubes. The new centre is located in Luxembourg – a hub for advanced technology companies,…
Continental considering sale of Vitesco, Contitech
German technology firm Continental AG plans to sell some of its automotive operations, including parts of powertrain arm Vitesco Technologies and rubber unit Contitech, CEO Elmar Degenhart told German daily Frankfurter Allgemeine Zeitung. Degenhart was quoted as saying Continental’s management was…
UK start-up uses graphene to enhance performance of recycled tyre rubber
In conjunction with the Graphene Engineering Innovation Centre’s (GEIC) Bridging the Gap programme at The University of Manchester, a local company has developed a flooring product that uses graphene to improve the properties and performance of recycled tyre rubber. The…
Top Glove to refund close to US$40 mn to foreign workers
Top Glove Corp. Bhd. (Top Glove) will reportedly pay its workers from Nepal and Bangladesh retribution to cover fees paid to recruitment agencies. Top Glove, the world’s largest glove manufacturer, recently distributed letters to employees stating it will pay workers…
Malaysia’s FGV appoints rep for expansion into Europe/US
FGV Rubber Industries Sdn Bhd (FGVRISB) part of FGV Holdings Berhad, a Malaysia based agri business, has appointed UK-based Rubber Heart Ltd as its European and North American representative to market its range of natural rubber products in these regions.…
New Energy signs agreement to supply pyrolysis oil to BASF
Chemicals company BASF has signed an agreement with technology-based New Energy to use the latter’s pyrolysis oil – from waste tyres – used as feedstock at BASF’s integrated chemical production site in Ludwigshafen, Germany. The recent agreement will see New…
GRI to build capacity with new tyre mixing plant in Sri Lanka
Specialty tyre manufacturer GRI Tires (GRI) is currently constructing a new mixing plant at the Mirigama Export Processing Zone (MEPZ), Sri Lanka, to boost capacity of tyre production and facilitate further expansion in line with increasing demand. The mixing plant…
Semperit delays sale of gloves unit due to higher earnings
Given the boost in the gloves market due to Covid-19, Austrian public listed firm Semperit AG Holding says it will continue to run its medical division for another nine months, “in view of the extremely positive earnings contributions that the…