Italian maker of braking systems Brembo has acquired an interest in tyre maker Pirelli. Through its parent company Nuova FourB, which is an investment company, Brembo now holds a 2.43% stake in Pirelli. Terms were not disclosed. By adopting a…
Category: Industry News
Covid-19: Continental stops activity at 40% of facilities globally; withdraws forecast for year
German technology/automotive company Continental has withdrawn its 2020 outlook withdrawn due to ongoing uncertainty regarding market development. Previously, Continental had anticipated consolidated sales for the current year of around EUR42.5 to EUR44.5 billion and an adjusted EBIT margin of around…
Momentive wins patent suit against China’s Ecopower
Momentive Performance Materials Inc says that a Chinese court has ruled that Ecopower (Yongxiu) New Materials Co. Limited’s and Ecopower (Guangzhou) New Materials Co. Limited’s manufacture and sale of a product was in violation of a Momentive patent for NXT…
Malaysian glove makers push for 100% capacity production due to COVID-19
As the World Health Organization has asked glove manufacturers to produce more medical gloves in light of the COVID-19 pandemic, the Malaysian Rubber Glove Manufacturers Association (MARGMA) is urging the government to allow their factories to continue production at full…
Sumitomo develops new type of rubber material with significantly reduced odour
Japan-based tyre and rubber company Sumitomo Rubber Industries (SRI) has successfully developed a new type of natural rubber (NR) that emits significantly less odour. SRI’s “Reduced Odor Natural Rubber” is achieved by suppressing the breakdown of odour-causing non-rubber components, including…
Top Glove doubles sales orders; expects solid H2
Not all companies are suffering as a result of the downturn caused by the spread of Covid-19, not least companies involved in the medical/healthcare sector. The world’s largest producer of gloves, Malaysian company Top Glove, says its sales have doubled…
NUS scientists develop high-value aerogels from recycled tyre rubber
Scientists from the National University of Singapore (NUS) have recently come up with a new, weightless aerogel material from waste tyres. The new aerogels, being highly absorbent, durable, and efficient at trapping heat and sound, could promote more extensive use…
COVID-19: Apollo to suspend European, Indian tyre manufacturing operations – Updated
Following the impact of the COVID-19 pandemic, Indian tyre manufacturer Apollo Tyres (Apollo) said it will stop production of passenger car tyres at its plant in Enschede, the Netherlands, to focus instead on production of specific high-performance passenger and agriculture…
Yokohama Rubber, RAOT to cooperate for sustainable NR procurement in the country
Yokohama Rubber has recently partnered with the Rubber Authority of Thailand (RAOT), a state enterprise under the jurisdiction of Thailand’s Ministry of Agriculture and Cooperatives, to provide economic support for natural rubber (NR) farmers in Thailand and to improve traceability…
World Rubber Summit 2020 postponed to September
The World Rubber Summit (WRS), to have been held 4-6 May 2020 in Abidjan, Cote d’Ivoire, has been postponed. Organised by Singapore-headquartered International Rubber Study Group (IRSG), in collaboration with the Ministry of Agriculture and Rural Development of the Government…