Detroit’s mayor and the billionaire owner of auto supplier Flex-N-Gate Corp offered a sneak preview of what will be the largest new auto factory built in the city since the 1990s. This came days after Detroit lost out in the…
Category: Industry News
Former Fiat Chrysler VP pleads guilty for US$1.5 million in improper payments to senior union officials
Former Fiat Chrysler Automobiles NV vice president Alphons Iacobelli pleaded guilty on Monday in connection with a U.S. investigation into allegations he made at least US$1.5 million in improper payments to senior union officials, the U.S. attorney’s office in Detroit…
Felda 2.0 initiative set to transform Felda community
The Felda 2.0 Initiative, to be launched by Prime Minister Datuk Seri Najib Tun Razak in Felda Lurah Bilut on Feb 4, will be a turning point to the community of 317 land schemes in the country. Felda chairman Tan…
CCMB investing RM90 million to fuel the growth of its chemicals and polymers businesses
Chemical Company of Malaysia Bhd (CCMB) is investing almost RM90 million to boost capacity following the demerger of its listed pharmaceutical entity to fuel the growth of its chemicals and polymers businesses, both of which enjoy pent-up demand. Newly-appointed Group…
Rubber tappers, smallholders yet to apply for monsoon season aid
About 155,829 smallholders and rubber tappers have yet to apply for the monsoon season aid (MSA) approved under the 2017 Budget, said Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong. He said 483,941 smallholders and rubber tappers were…
ANRPC releases the “Natural Rubber Trends & Statistics” for December 2017
The world production of NR grew from 12.429 million tonnes in 2016 to 13.282 million tonnes in 2017, almost 90% of the world supply is produced by ANRPC member countries. For global consumption of NR, it has increased by 1.4%…
UCL, Synthomer and Nexeon together awarded £7million improve materials for Li-ion batteries
UCL, Synthomer and Nexeon have together been awarded £7million in Innovate UK funding to develop significantly better materials for Li-ion batteries. The work is an essential step to achieving electric vehicles (EVs) with a range of 400 miles and above.…
Toyoda Gosei exhibited the “e-Rubber” at RoboDEX
Toyoda Gosei Co., Ltd. exhibited its “e-Rubber” at the 2nd RoboDEX technical exhibition for the robotics industry, held at Tokyo Big Sight on January 17-19. e-Rubber is a next generation rubber that moves with electricity and mechanical force. Toyoda Goseiuses…
Continental AG to split by year-end
Germany’s Continental AG aims to float part of its business on the stock exchange before the end of the year, German monthly Manager Magazin reported on Thursday, citing no sources. The automotive supplier said this month it was in talks…
Yokohama Rubber to expand tyre facility in India
The Yokohama Rubber Co., Ltd., will be expanding the Yokohama Group’s global production capacity for off-highway tyres by adding new facilities at ATC Tires Pvt. Ltd., the Indian tyre manufacturing and sales subsidiary of the Alliance Tire Group (ATG), which…