The global rubber market is expected to grow at a CAGR of 4.66% during the period 2017-2021. The latest trend gaining momentum in the market is bio-based tyres helping market growth. The tyres used in automotive vehicles are going to…
Category: Industry News
Global isobutene market demand to grow at rapid rate from 2018 to 2022 with help from the automotive sector
The global isobutene market is expected to grow at a CAGR of over 4% during the period 2018-2022, according to market research firm Technavio. The report categorizes the global isobutene market by application (automotive, aerospace, antioxidants, pharmaceuticals, and others) and product (methyl tert-butyl…
Top Glove looks out for more M&A opportunities as Ringgit becomes stronger
The strong ringgit is a boon to Top Glove Corporation Bhdas it serves as a natural hedging and allows the company to proceed with its plans to further expand its production lines, as well as to go for mergers and acquisitions…
UOB Kay Hian Malaysia Research advises investors to take profit on the rubber gloves sector
UOB Kay Hian Malaysia Research says now is the time for investors to take profit on the rubber gloves sector as it has had a good run and it is time to lock in profits. It said on Monday downside…
Bajaj Auto in pact with Triumph Motorcycles UK
Bajaj Auto Ltd recently announced that it has tied up with Triumph Motorcycles UK to offer a range of mid-capacity motorcycles. The ‘non-equity’ partnership will give Bajaj access to the Triumph brand and its motorcycles in domestic and international markets…
Ford China dealt a blow with chief’s departure
Ford Motor Co’s hope to tackle a slaes slump has been affected by the sudden resignation of its China chief Jason Luo who stopped down citing personal reasons. Luo had only served 5 months as chief. Luo had been poached…
GRI Tyre opens US$40 million manufacturing facility at Badalgama, Sri Lanka
GRI Tyre opened their world class specialty tyre manufacturing facility at Badalgama yesterday with an investment in the excess of US$40 million. This is to produce radial agriculture tyres which is a first for Sri Lanka. It is equipped with…
Hong Leong sets ‘buy’ call on Top Glove
Hong Leong Investment Bank has set a ‘buy’ call on Top Glove Corporation Bhd due to its upside potential upon the completion of its acquisition of Aspion Sdn Bhd, which would transform the rubber glove manufacturer into the world’s largest…
ETRMA members’ tyre sales 2017: overall stability with the exception of the agro segment
The European Tyre and Rubber Manufacturers’ Association has published its members’ sales for the year 2017 and the last quarter of 2017. Overall, the performance of the industry is generally stable with the exception of the agricultural tyre sales, which…
Arlanxeo’s rubber technology centre obtains Laboratory Accreditation
After two years of fine preparations and a year of trial operation of ISO17025 system, rubber company Arlanxeo’s Rubber Technology Centre (RTC) passed the expert evaluation of China National Accreditation Service for Conformity Assessment (CNAS) in November 2017, and obtained…