Chennai, India-based tyre manufacturer Ceat Tyres (Ceat) has inaugurated production at its newest car/motorcycle tyre plant in Kanchipuram, marking Ceat’s first unit in the southern state of Tamil Nadu and its sixth in India. The “smart factory” will operate at…
Category: Industry News
Coronavirus outbreak hits Indonesian rubber prices; disrupts exports/imports from China
The coronavirus outbreak has severely impacted trade between Indonesia and China: the price of Indonesian rubber, a key export commodity, has dropped sharply in the last few weeks – from IDR 9,200/kilogramme to IDR 7,200/kilogramme. Prabumulih Agriculture Agency Head Syamsurizal…
Careplus partners with Ansell in MYR26.8m JV deal
Malaysian medical equipment manufacturer Careplus (M) Sdn Bhd (CMSB) will sell 50% of its rubber glove manufacturing unit to Australian-listed Ansell Services for MYR26.8 million under a joint venture deal. The agreement also comes with an option for Ansell to…
World Rubber Summit 2020 to be held in Abidjan
The start of the year 2020 has been eventful with the onslaught of the Coronavirus in China and globally, as well as an expected slowing global economy, against a 3% growth in 2019, the lowest since the financial crisis before…
Yokohama develops concept tyre for Maruti Suzuki India’s green EV
Japanese Yokohama Rubber (Yokohama) has recently developed a concept tyre for Maruti Suzuki India’s urban Concept Futuro-E electric vehicle (EV). Incorporating Yokohama’s fuel-efficient BluEarth brand, the concept tyre features a powerful and stylish design – it combines the large lug…
Malaysian rubber glove exports expected to surge due to virus outbreak
Malaysian Rubber Glove Manufacturers Association (MARGMA) President Dennis Low expects the country’s rubber glove exports revenue to grow even more than MARGMA’s earlier forecast of RM20.68 billion as global demand increases by 15-20%. Malaysia’s rubber glove exports will likely chart…
Coronavirus fears prompt Goodyear to suspend operations in China
Two Chinese facilities of tyre manufacturing major Goodyear Tire and Rubber (Goodyear) has suspended operations until at least Feb. 9 over concerns about the Wuhan coronavirus. According to Goodyear, it will continue “to work with the Chinese government to determine…
AVA Biochem teams-up with Michelin for biobased chemical applications
AVA Biochem AG in Switzerland has developed, patented and piloted a fully water-based process for the conversion of industrial sugars into the 100% bio-based molecule 5-HMF. This platform chemical is ideally positioned to replace petroleum-sourced chemicals in various mass-market applications,…
US “Rubber City” Akron to collect rubber workers’ stories in preservation project
The city of Akron, in US state Ohio, is asking its past and present rubber workers to tell their stories to help preserve Akron’s rich rubber history. Since the 19th century, numerous rubber companies – including the Goodyear Tire and…
Pirelli shareholder ChemChina restructuring
Italian tyre maker Pirelli says it has been notified by its largest shareholder China National Chemical Corporation Ltd. (ChemChina) that Sinochem Group Co. and ChemChina are planning for a strategic restructuring. Details of the restructuring plan and its implementation are…