Car manufacturer BMW has lost an appeal in Switzerland against a 157 million franc (US$158 million) fine imposed after it banned Swiss customers from buying its cars elsewhere in Europe and bringing them home. The fine was originally imposed in…
Category: Industry News
Techniplas inks partnership with DWS-Digital Wax Systems
Techniplas, a leading global design and manufacturing provider of automotive products and services, has entered in a partnership with DWS-Digital Wax Systems, to further expand its additive manufacturing capabilities. As part of the partnership, DWS will bring its entire portfolio…
Hartalega to launch the world’s first non-leaching antimicrobial nitrile examination glove
Hartalega Holdings Bhd will launch the world’s first non-leaching antimicrobial nitrile examination glove early next year. The nitrile glove manufacturer said that the new product was jointly developed with UK-based antimicrobial research and development specialists Chemical Intelligence Ltd. The patented…
Takata creditors seek US$30 billion, far more than it can pay – court filing
Creditors of bankrupt Takata Corp say the parts maker owes them more than US$30 billion after the automotive industry’s biggest recall over its faulty air bags – many times more than the company can repay, a court filing shows. In…
Toyota faces tough outlook on US sales
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…
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…