Japan’s Shin-Etsu Chemical Co. will invest close to 110 billion yen (around US$1 billion) to expands its silicones business, one of its main businesses. It will expand its production capacity of silicone monomer, the intermediate product of silicones, and various…
Category: Industry News
Adnoc commissions delayed specialised coker/carbon black unit in Ruwais
Adnoc Refining, a subsidiary of the Abu Dhabi National Oil Company (Adnoc), has completed the commissioning of a specialised coker unit, as part of its Carbon Black and Coker Project. With this, Adnoc says it will extract the maximum value…
Synthetic rubber market growth to come from tyres, says Ceresana
Elastically deformable plastics have been a necessity across the board, in technical applications and in everyday objects. Per year, more than 12.7 million tonnes of these polymers are consumed worldwide. Ceresana, a German market research institute and consultancy company for…
Michelin North America reactivates Starr tyre plant
Michelin North American is restarting its Earthmover tyre production plant in Starr, Anderson County – decision that will employ about 100 workers in a modern facility that previously suspended production in early 2016. The Michelin “US 10” plant was built…
China sets its eyes on Sri Lanka’s plantation sectors
Chinese firms are in talks with Sri Lanka’s Plantation Industries Ministry to collaborate with local firms to channel substantial capital into commodities like rubber, tea and coconut plantations and production value chains to boost production and produce quality value-added products.…
Shutdown of Pirelli’s Venezuelan tyre plant sparks protests
About 100 workers protested outside Italian tyre manufacturer Pirelli’s Venezuela plant recently after finding the gates locked. Ten days prior, the country unveiled major economic reforms including a significant increase in the minimum wage – the fifth one of this…
Malaysia’s glove sector to grow to RM18 bn in 2018
Malaysia’s rubber glove industry expects to generate revenue of RM18.8 billion this year, up from RM16.2 billion in 2017, due to robust global demand, says the Malaysian Rubber Glove Manufacturers Association (Margma). President Denis Low Jau Foo said global demand…
Liberia gets call to boost rubber sector to pump economy
In a forum held recently, the President of the Liberia Bank for Development and Investment (LBDI) has called for a robust and innovative rubber sector in Liberia. John B. S. Davies, III, also wants a master plan that will guide…
India’s rubber output to be affected by floods in Kerala
With the southern Indian state of Kerala affected by worst floods in a century, the rising water levels are likely to impact rubber and other plantations in the region. Torrential rains in Kerala, India’s largest rubber producer and also a…
Samir Group to set up rubber processing plant in Ghana
Saudi Arabia’s Samir Group is to establish a rubber processing plant in the Eastern Region by next year under the Ghana government’s district industrialisation programme, One-district, One-factory (1D1F) initiative. Subsequently, the company says it has started up a 1,000 hectare…