Category: Industry News

Kumho Chairman making a bid for control in company

After last month’s news that China’s Doublestar would by the likely buyer of Kumho Tire https://rubberjournalasia.com/kumho-likely-to-be-sold-to-chinas-doublestar/, it now appears that Kumho Asiana Group Chairman Park Sam-Koo has raised nearly US$870 million to buy back a controlling stake in the group’s…

Qatar’s used tyre, rubber recycling facility begins operations

Qatar’s Modern Recycling Factory (MRF), designed and constructed with the aim of conserving energy, preserving natural resources, reducing pollution, and reducing the country’s dependence on raw materials, has started operations after its formal opening this month. The US$41.3 million facility…