Japanese multinational automotive manufacturer Toyota Motor Corp upgraded its full-year operating profit forecast by 8 % on expectations of a weaker yen but flagged a dour outlook for North America, its biggest market, where quarterly sales fell to the lowest…
Category: Industry News
Nissan cuts profit outlook on inspection scandal after downbeat Second quarter
Japan’s Nissan Motor Co reported its smallest quarterly profit in three years and cut its annual outlook, hurt by rising expenses in a competitive North American market and costs stemming from improper final inspection procedures at home. The automaker had…
Vietnam urged to invest in rubber
Cambodia is urging Vietnam to invest in building factories that can process rubber and cassava, according to the Ministry of Agriculture, Forestry and Fisheries. During a meeting last week with a Vietnamese rubber association, Minister of Agriculture Veng Sakhon reminded…
Wacker expands its production facilities and R&D capacities in China
Wacker Chemie AG will expand its production capacities for silicone and polymer products in China and continue to reinforce its research and development capability in order to further strengthen its market position in the region, the Munich-based chemical company announced…
Apollo Tyres and Rubber Research Institute of India gets patent for special grade ENR
Team Apollo Tyres has collaborated with the Rubber Research Institute of India (RRI) to invent a special grade of Epoxide Natural Rubber (ENR), a rubber compound for tyres, which was patented by Govt of India. The R&D Team at Apollo…
MRMPA confident ofrubber industry’s continuous growth; says it meets Budget 2018 wish list
The Malaysian Rubber Products Manufacturers’ Association (MRPMA) is confident of the continuous growth in the rubber industry. They say the Plantation Industries and Commodities Ministry has met the association’s Budget 2018 wish list. MRPMA said it was pleased with the…
Haydale, ARTIS and Trelleborg Antivibration Solutions to collaborate on new carbon research
Haydale, ARTIS, part of Avon Rubber Plc, and Trelleborg Antivibration Solutions are embarking on a two-year research and development project on carbon. This highly innovative project will investigate the use of Haydale’s patented plasma functionalisation for the enhancement of recovered…
ZC Rubber launches Smart Tire
Chinese company ZC Rubber recently launched the Smart Tire system at SEMA show at the Las Vegas Convention Center targeted towards the US market. The SEMA Show is the premier automotive specialty products trade event in the world. ZC Rubber…
Chandra Asri rubber plant to start operating in 2018
Indonesian media has reported that PT Chandra Asri Petrochemical Tbk (TPIA) is partnering with French tyre-maker Michelin to build a solution styrene butadine rubber (SSBR) factory for vehicle tyre manufacturers. Through the joint venture company PT Synthetic Rubber Indonesia (SRI) is…
Semperit Group expands production capacity of hydraulic hoses
The Semperit Group has further expanded its Semperflex Optimit in Odry, Czech Republic.EUR 20 million were spent on the latest expansion of the hydraulic hose production, enhancing the capacities in Europe’s largest hose factory by approximately another third. With this…