Latexco’s ‘House of Comfort’ recently completed a major expansion that positions the company for more growth in the foam market. Latexco US added a 75,000 sqf facility to its 100,000 sqfplant and headquarters in Lavonia, Georgia, a move that will…
Category: Industry News
Marangoni and Vipal form a partnership to advance organisation
Marangoni Spa and Borrachas Vipal SA are planning a partnership agreement that will boost synergies and productivity of both groups. Following through, will create the largest global independent player in the tyre retreading sector. The project will develop in 2019…
Malaysia’s rubber export exceeds RM8 billion every year
Malaysia exports approximately 1.1 million tonnes of Standard Malaysian Rubber (SMR) products annually, bringing in between RM8 billion and RM9 billion in export revenue. Malaysian Rubber Board (MRB) Managing Director Datuk Dr. Zairossani Mohd Nor said there was no issue…
Continental inaugurates new centre in Mississippi
Continental Tyre opened their latest company employee training centre in Clinton, Mississippi. Continental has invested approximately US$1.45 billion into the manufacturing site in Mississippi. “This a great day for Continental Tyre and the State of Mississippi,” Governor Bryant said. “This…
Sheet rubber prices drop in India while production rises
Sheet rubber prices have fallen 5% in November so far following an increase in production amid slowing demand. On Wednesday, the RSS-4 variety, used in tyre manufacturing, was priced at Rs119 per kg. “In October, our production should be close…
Thailand to offer subsidies to rubber farmers during economic hit
Thailand approved a new subsidy and other measures on Tuesday to help its rubber farmers, who are struggling amid a slump in prices and have threatened protests. The world’s biggest rubber producer has been hit by a 40% decline in…
Malaysian rubber tappers unhappy at government’s lack of aid
Otai Reformis wants Primary Industries Minister Teresa Kok and her deputy Shamsul Iskandar Md Akin removed from their positions after the seeming inaction in helping rubber tappers through the dip in the price of the commodity. “Otai is disappointed that…
Cooper Standard to divest AVS business to Continental
Michigan-headquartered global supplier of systems and components for the automotive industry, Cooper Standard,is divesting its anti-vibration systems (AVS) business to Continental AG. Continental AG will purchase substantially all of Cooper Standard’s anti-vibration business in France and its respective interest in…
Industry leaders form platform for sustainable rubber
Natural rubber stakeholders gathered for the ceremonial launch of the Global Platform for Sustainable Natural Rubber (GPSNR). The independent platform aims to improve socio-economic and environmental performance of the natural rubber value chain. Stakeholders included tyre manufacturer, other rubber users,…
Voronezh tyre factory set to expand
Rostec and Pirelli Tyre Russia have signed an agreement to expand production capacity of the Voronezh tyre factory. The production volume double from 2 million to 4 million units per year, in accordance with increasing growth in Russian and international…