The Chinese industry ministry is to step up efforts on the re-use/recycling of its waste rubber tyres to curb pollution and ensure “comprehensive utilisation” of resources. China has a mounting waste problem – transport ministry data figures at least 340…
Category: Industry News
Malaysia investment banker expects stronger rubber glove earnings in 2020
Malaysia’s Affin Hwang Capital Research (Affin Hwang) thinks the acknowledgement of high production costs and labour issues will boost performance in the rubber glove sector throughout 2020 – the group expects glove makers to benefit significantly from stronger US demand…
Metso Corp. to shut down rubber parts plant; restructure manufacturing operations in Sweden
Finnish manufacturer Metso will be discontinuing its rubber parts manufacturing operations in Ersmark, Sweden, in order to review its manufacturing capabilities in the European, Middle East and African (EMEA) region. The Ersmark plant produces rubber and mill lining wear parts for…
Evonik and Wynca break ground on a new fumed silica plant in Zhenjiang
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…
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…