According to a new research report by Global Market Insights, Inc.,a US-based global market research and consulting service provider, Industrial Safety Gloves Market is forecasted to reach US$6.7 billion by 2023, with the natural rubber (NR) gloves market expected to…
Category: Industry News
Global natural rubber prices hit a six-month high with 27% increase
Global prices for natural rubber (NR) soared to a six-month high, with benchmark futures prices on the Tokyo Commodity Exchange (TOCOM) up 27% from the recent low in late August this year. TOCOM’s RSS3 rubber sheets contract for April 2017…
Top tyre industry players attended Smithers Rapra’s symposium in China
The first Tire Technology Symposium in China that was organised by Smithers Rapra, a global leader in rubber, plastics and composites testing, has attracted the presence of over 70 technical experts from companies throughout the tyre industry supply chain including…
Harvest season in Kerala doesn’t prompt tyre companies to buy local rubber
The harvest season for natural rubber (NR) in Kerala, India was expected to encourage tyre companies to increase their purchases from local markets. However, they are still not likely to raise purchases from the local market even as international NR…
Wacker raises hydrophobic silica production at Burghausen plant by 40%
International chemical Wacker Chemie AG is expanding its plant for HDK pyrogenic silica in Burghausen, Germany to increase production capacities of hydrophobic silica specialties by 40%. Wacker Executive Board member Auguste Willems said that the expansion project is part of…
ETRMA: Drop in truck, agricultural tyre sales shows dim end-of-year outlook
The third quarter of 2016 showed decreased numbers in terms of tyre replacement sales of the members of the European Tyre and Rubber Manufacturers’ Association (ETRMA), according to the latest data published by the organisation. The decrease in the 2016…
Airless bicycle tyre design that will never get a flat
Approximately 1.3 billion bicycle tyres are thrown out every year because of cracks or puncture marks. Nexo North America’s two tyre models, Ever Tires and Nexo Tires, solve this problem with its airless design that will never get a flat.…
Saudi Aramco gets Novomer polyol business in US$100 mn deal
In a move that strengthens its integrated downstream expansion strategy, the Saudi Arabian Oil Company (Saudi Aramco) has purchased the breakthrough Converge polyol product line and associated operations and technologies from US-based chemistry technology development company Novomer Inc. According to…
ANRPC members elect India as chairman, Vietnam as vice-chairman
Members of the Association of Natural Rubber Producing Countries (ANRPC) have unanimously elected India as the new chairman of the intergovernmental organisation in the 39th Assembly Session of ANRPC held last month at Guwahati in India. Taking over from the…
AkzoNobel expands polymer chemistry business with new facilities in China
AkzoNobel, the world’s largest producer of organic peroxides for the cross linking of elastomers, silicone rubbers and thermoplastics, expands its polymer chemistry business in China with the inauguration of new specialty chemicals facilities at its multi-site in Ningbo, China and…