Category: Industry News

Sri Lanka gov’t to subsidize rubber farmers

The Sri Lankan government will provide fertilizer subsidy to tea, rubber and vegetable farmers, Special Assignments Minister Sarath Amunugama said. “According to our estimates one third of the fertilizer subsidy for paddy farmers ultimately ended up with tea and rubber…

General Motors named Bridgestone Supplier of the Year

Bridgestone Corporation and its global family of companies, including Bridgestone Americas, Inc. (BSAM), was named a GM Supplier of the Year by General Motors during its 24th annual Supplier of the Year awards ceremony held Thursday, March 10 at Cobo…

Rubber spray coating could ice-proof surfaces

University of Michigan researchers developed a spray-on formula that can make surfaces ice-repellant/ Thin, clear and slightly rubbery to the touch, the spray-on formula could make ice slide off equipment, airplanes and car windshields with only the force of gravity…

Benecke-Kaliko opens second plant in China

Benecke-Kaliko has officially opened a new plant in Changzhou, China to manufacture the environment-friendly, low-emission and non-allergenic automotive interior materials Acella Eco und Acella Eco green. Series production has been running since the end of 2015 with an approx. 100-strong…

Wacker expects growth in 2016

Wacker Chemie AG achieved its sales target for 2015 and slightly exceeded its earnings expectations. When presenting its annual report today, the Munich-based chemical company said that Group sales had advanced to €5.30 billion (2014: €4.83 billion), up about 10…

Lanxess and Saudi Aramco announce heads of Arlanxeo

Lanxess and Saudi Aramco are pleased to announce the members of the Executive Board of Arlanxeo, their previously announced 50:50 synthetic rubber joint venture. Both companies will have equal representation on the Board consisting of four members. Lanxess will be…

Top Glove posts progress report

Top Glove Corporation Bhd announced its results for the Second Quarter (2QFY16) and First Half (1HFY16) ended 29 February 2016, defying an intensively competitive environment to deliver a strong performance. The Group delivered Profit After Tax (PAT) for 1HFY16 of…