The joint venture between German chemicals firm Evonik and the Chinese company Wynca – Evonik Wynca (Zhenjiang) Silicon Material Co., Ltd. has officially started the construction on a new fumed silica plant in Zhenjiang, Jiangsu Province, China. Scheduled to become…
Category: Industry News
Nynas applies for company reorganisation
Swedish chemical firm Nynas AB has filed for company reorganisation at Södertörn’s District Court. Nynas loans have not been extended by the banks. Thus, Nynas cannot pay due debts forcing the company to apply for a reorganisation of the company.…
Malaysia’s FGV cooperates with Behn Meyer for silica/ENR products
FGV Rubber Industries Sdn Bhd, a major manufacturer of industrial rubber products and the producer of epoxidised natural rubber (ENR) Ekoprena in Malaysia, and Behn Meyer Europe GmbH, a major distributor of chemicals and resins to the rubber industry, have…
ITRC suggests another AETS to stabilise rubber prices
Thailand, Indonesia and Malaysia, the rubber-producing countries which make up the International Tripartite Rubber Council (ITRC), could soon be implementing another round of the Agreed Export Tonnage Scheme (AETS) to steady market price of natural rubber (NR) and address unforeseen…
Pakistani/Chinese jv to set up tyre plant in Pakistan
Pakistan’s Service Industries Ltd. and China’s Chaoyang Long March Tyre Co. Ltd. have set up a joint venture in Pakistan for the construction of a radial truck/bus tyre plant. Service Industries has a 51% stake in the joint venture. Located…
GRI acquires Aussie forklift tyre company
Sri Lankan tyre maker GRI has acquired Australian industrial tyre specialist Axis Tyres. The acquisition is focused on the forklift segment of Axis Industrial Tyres Pty Ltd and includes the four branches of Axis in Altona and Braeside in Melbourne, the…
India to close down non-compliant pyrolysis units in Bihar, Tamil Nadu, etc.
India’s central pollution authority has ordered the shutdown of nearly 270 tyre pyrolysis plants in 19 States across the country on the grounds of “disregarding environmental norms and causing high levels of pollution.” These include notices to the state pollution…
Myanmar to ban rubber seed imports to protect against fungal outbreak
Myanmar will ban the import of rubber seeds, seedlings and saplings from Thailand, where rubber plantations have been ravaged by the Pestalotiopsis fungal outbreak, as well as such imports from other countries, as it moves to protect its precious rubber…
IRSG calls for papers on rubber-related research
Singapore-based International Rubber Study Group (IRSG) has launched #IRSGforResearch, a call for papers for rubber-related economic research. All submissions should be sent to IRSGforResearch@rubberstudy.comnot later than 20 February 2020, it said. The aim of the award is to promote high-quality…
Toyoda Gosei to restructure operations shares in German production subsidiary
Japan’s Toyoda Gosei Co. (Toyoda Gosei) is to transfer ownership of Toyoda Gosei Meteor (TGM), based in Bockenem, Germany, to Munich-based AEQPH, which recently changed its name from Scur-Alpha 1123. The sale is part of a global restructuring plan at…