The Singapore-headquartered Global Platform for Sustainable Natural Rubber (GPSNR) has convened the annual General Assembly – virtually, which saw the approval of a members’ sustainability policy framework and the creation of a new membership category for smallholder producers of natural…
Category: Industry News
Top Glove plans HKEX listing by 2021
Leading rubber glove manufacturer Top Glove expects to make the listing on The Stock Exchange of Hong Kong (HKEX) in the next couple of months. Executive chairman Tan Sri Dr. Lim Wee Chai believes securing a listing in a bigger…
Falken-brand truck tyres to replace Ohtsu lineup at Sumitomo’s NY plant
Sumitomo Rubber North America (SRNA) will devote a larger share of capacity at the Tonawanda plant, near Buffalo, New York, to Falken-brand truck tyres, which SRNA distributes. Sumitomo Rubber Industries Ltd. took over the plant from Goodyear in 2015 and…
Scrap tyres used for unexpected conservation effort in Malaysia
Whilst artificial tyre reefs are being hauled out of the oceans around the world, such as in Guam and France, at the Pantai Chendor beachfront along Malaysia’s east coast, scrap tyres are bound together to keep the sands from washing…
EU lists NR as critical material; tyre industry to apply new EU climate goal
Natural rubber (NR) is an important raw material for the European tyre and rubber industry and a key enabler for several industries – especially automotive. The tyre industry alone absorbs about 76% of all the natural rubber produced globally. Today, there is…
Tyre plant closures: Continental in Germany; Bridgestone in France
Against the back of tough times in the automotive industry as a result of the Covid-19 pandemic, two tyre majors have announced plant closures recently. Germany-based Continental plans to close a tyre plant in the city of Aachen in northwestern Germany…
Nynas changes ownership; Neste sells stake to Bitumina
Finnish oil and engineering services company Neste has sold its entire shareholding in Nynas to Bitumina, a global bitumen company active in more than 100 countries. This is an important step in the ongoing company reorganisation of Nynas. Sweden-based Nynas is a…
Proposal to set up US$300 mil tyre factory in Sri Lanka
Sri Lankan Minister of Industries Wimal Weerawansha and Hambantota International Port Group Pvt. Ltd. (HIPG) recently met up to decide on the building of a US$300 million tyre factory in the southern port city of Hambantota. The factory will be…
IRR’s pyrolysis system offers waste rubber solution for the UK
Carlton Forest Group’s IRR Manufacturing, responsible for UK’s only continuous pyrolysis plant, has stated that repurposed waste rubber could deliver substantial energy savings and ample business opportunities to manufacturers from the production of by-products such as pyrolysis oil and pyrolysis…
Yokohama plans OTR tyre plant in India
Continued rise in demand for off-road tyre (OTR) products has spurred the Yokohama Rubber Co. Ltd. (Yokohama) to build another tyre manufacturing plant, this time in Visakhapatnam, southeast Andhra Pradesh, India. Construction on the US$165 million manufacturing plant is set…