Category: Industry News

ITRC expects low NR production after disease outbreak

The International Tripartite Rubber Council (ITRC) has reviewed the efforts of its Member Countries in late June 2019, to ensure a robust natural rubber (NR) supply. Unfortunately, NR production is expected to drop this year following an outbreak of Pestalotiopsis…

Vibracoustic opens new centre for compounds testing

Global automotive solutions provider Vibracoustic has opened a 2,000sqm Material Development Center in Weinheim, Germany, to house 25 material experts who will collaborate with Vibracoustic engineers to produce and conduct comprehensive testing on new compounds/technology. The new centre is expected…

Hainan Rubber to acquire latex foam furniture maker Aidefu

China Hainan Rubber Group (Hainan Rubber) plans to acquire an 80% share in latex pillow/mattress manufacturer, Jiangsu Aidefu Latex Products (Aidefu), for US$53.4 million. Hainan Rubber is principally engaged in the planting, processing and distribution of natural rubber. The company’s…

Rubber City to be developed by Indonesia, Malaysia, Thailand

Indonesia, Malaysia and Thailand – world-leading producers of natural rubber – will collaborate to develop a Rubber City within the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) region. The foursites: Kedah in Malaysia, Songkhla in Thailand, and Tanjung Api-Api and Sei Mangkei Special…

Hexpol acquires Preferred Compounding for over US$230 mn

Swedish Hexpol Group has acquired rubber compounder Preferred Compounding (Preferred) from US-based Audax Group, for approximately US$232 million, on a cash- and debt-free basis. The acquisition aligns with Hexpol’s market strategy for enhanced global capacity and competence in advanced polymer…