French tyre manufacturer Michelin will continue to be the exclusive supplier of tyres to the MotoGP world championship until the end of 2023 after agreeing a new five-year deal with commercial rights holders Dorna Sports. Michelin took over from Bridgestone…
Category: Industry News
Shares of Top Glove, Supermax and Adventa dropped sharply
Shares of Top Glove, Supermax and Adventa fell sharply. This came after Top Glove’s head honcho made it clear that the company was not buying Adventa or Supermax. Top Glove, in a filing with Bursa Malaysia, clarified that it was in…
ETRMA welcomes adoption of GEAR 2030 report
The European Tyre & Rubber Manufacturers’ Association (ETRMA) has welcomed the adoption of the Report of the High Level Group on the Competitiveness and Sustainable Growth of the Automotive Industry in the European Union (GEAR 2030). The EU’s automotive sector…
Cabot Corporation launches Asia Technology Center
Cabot Corporation has launched its new 4,500-square-meter Asia Technology Center in Shanghai, China. The company said the center will enhance its application development capabilities and will provide a state-of-the-art collaboration platform to deliver innovative solutions to customers throughout Asia Pacific. Cabot said…
Malaysia’s natural rubber output in August increased by 11.1 %
The Department of Statistics recently announced that Malaysia’s natural rubber production in August 2017 increased by 11.1% to 61,252 tonnes against 55,121 tonnes in the previous month. The department said in a statement today, the main contributor of natural rubber…
Michelin buys Lehigh Technologies
French tyre maker Michelin has acquired Lehigh Technologies, a specialty materials company. Lehigh Technologies uses patented cryogenic turbo mill technology to transform rubber from end-of-life tires and industrial goods into materials for new tires and other products, reducing the amount…
Dow Performance Silicones introduces the high-performance Dowsil to the market
Dow Performance Silicones, a global business unit of DowDuPont Materials Sciences division, has introduced a new product brand name, Downsil, for its heritage Dow Corning high-performance silicone-based building products. The new Dowsil product brand name represents the combined power of…
Desma celebrates company’s success with open house, plans goals for the future
Machinery builder Desma recently celebrated their success in the industry with an open house held last month. 500 visitors attended the international industry event on September 27th and 28th. The event focused on cutting-edge topics regarding the development and integration of…
Top Glove to go on a RM 1 billion spending spree; to announce biggest takeover yet
Glove-maker giant Top Glove has announced that it will pursue a RM 1 billion spending spree to fuel earnings growth and keep its investors happy. Executive chairman Tan Sri Lim Wee Chai said the company is about to announce what…
Seacera wins RM213 million sub-contract works from Koridor Padu
Seacera Group Bhd has accepted a Letter of Award from Koridor Padu Sdn Bhd for sub-contract works for the construction and completion of Rubber Research Institute of Malaya’s Centre of Excellence in Sungei Buloh, Selangor for RM216 million. In a…