BAuto saw its shares ended 14 sen higher to RM2.16. This was after the company’s third quarter earnings soared more than 60%. BAuto is the official distributor of Mazda cars in Malaysia. RHB Research attributed this to robust Mazda sales…
Category: Industry News
Domestic rubber market is positive as demand for rubber gloves rise – Affin Hwang Capital Research
Strong demand for rubber gloves is driving the domestic rubber products market, Affin Hwang Capital Research said. The firm has told its clients to buy Supermax Corp Bhd. It also said that the vinyl supply disruption in China would drive long-term…
Kossan Rubber to buy two plots of land in Mukim Bidor, Perak
Kossan Rubber Industries Bhd has entered into a sale and purchase agreement with Perbadanan Kemajuan Negeri Perak. The agreement is to purchase two plots of land for a total of RM82.4 million The land stretches for 824.1 acres and is…
Pirelli introduces its cyber car
After 20 years of pursuing the creation of intelligent tyres and working with organisations such as Milan Polytechnic Foundation for Smart Mobility and Berkeley Wireless Research Center, tyre-maker Pirelli has gathered its knowledge and technology to create a cyber car.…
To celebrate International Women’s Day, Apollo Tyres launches all-women rubber sheet making unit
To commemorate International Women’s Day, Apollo Tyres recently launched a rubber sheet making unit to be run solely by rubber tapper’s wives at Vellavoor Panchayat in Kottayam district. S Jayasooryan, Vice-Chairman, Rubber Board, inaugurated the unit. The women have been…
Liquid silicone rubber market predicted to top US$7.9 billion by 2026 – Future Market Insights
The demand for injection materials such as liquid silicone rubber is sharply increasing. This is due to several factors: molding processes are gaining grounds in the manufacturing sector and liquid silicone rubber contains versatile characteristics and unique properties. A wide…
Top Glove to introduce greater automation in its production lines
Malaysian company Top Glove Corp Bhd is set to rely less on manual labour and instead up its adoption of greater automation and digitalisation of its production lines. This effort will see a reduction of foreign workers by 50 %…
Goodyear showcases its intelligent tyre prototype on the road
Goodyear recently showcased its intelligent tyre prototype at the 2018 Geneva International Motor Show. The product is a complete tyre information system that includes a tyre, sensors and cloud-based algorithms that all work together to communicate in real-time with fleet…
Global industrial rubber products market predicted to reach US$151 billion by 2025 – Transparency Market Research
The global industrial rubber products market is largely dependent upon natural rubber as a source of raw material. According to Transparency Market Research, the natural rubber market is in a state of oversupply. There will still be a glut of natural…
Ford China saw February sales dip 30 % year-on-year
Ford Motor Co has seen its vehicle sales in China – the world’s largest auto market – fall a huge 30 % in February from a year earlier. This is partly due to a lack of new products. The U.S.…