South Korean advanced materials producer Lotte Chemical is acquiring the Elastomer Division of JSR, a Tokyo-headquartered company that supplies a diverse range of functional materials, synthetic rubbers, thermoplastic elastomers, performance chemicals and others. JSR’s asking price is reportedly up to…
Category: Industry News
Upcoming EU tyre label may help consumers choose more fuel efficient tyres
In May 2021, a new EU tyre label is going to be introduced to provide consumers with comprehensive information on their selected tyres, according to tyre maker Continental. The new EU tyre label enables consumers to choose more fuel-efficient tyres,…
Tyre market gets a bad break in 2020; slow restart seen in Q4 – ETRMA
The European tyre market skids on the impact of the Covid-19 to the economy, according to the European Tyre and Rubber Manufacturers’ Association (ETRMA). The repeated lockdowns, mobility restrictions consequently imposed, and the ensuing economic crisis with the closure of…
Biesterfeld gets distribution rights to Denka acrylate rubbers
Hamburg-based distributor of high-performance polymers, technical elastomers, silicone rubber compounds, and additives, Biesterfeld Performance Rubber is expanding its partnership with the Japanese chemical company, Denka by taking over the distribution of Denka ER acrylate rubbers. The new agreement covers all of Europe (with…
GRI jump-starts 2021 with outreach initiatives, capacity expansions
Sri Lankan specialty tyre manufacturer Global Rubber Industries (GRI) sees 2021 as a year to build and grow on the strong foundation it has laid in 2020, according to GRI Managing Director Prabhash Subasinghe. Recently, GRI held two outreach activities in…
UK rubber testing equipment manufacturer ties up with ACE Products
UK-based Wallace Instruments has signed an agreement with US rubber and silicone materials testing and R&D laboratory ACE Products & Consulting as its new North American sales, calibration and service partner for its range of materials testing equipment. ACE will…
Greenergy to use Topsoe technology to produce low-carbon fuels from waste tyres
With an estimated 1.5 billion tyres discarded each year worldwide, creating significant waste, Greenergy, a supplier and distributor of transportation fuels, says that it will invest in Front End Engineering Design (FEED) of a project to produce low-carbon transportation fuels from waste tyres. In the first…
Hainan Rubber, Wangfujing Group forge JV on duty-free goods for Hainan market
Chinese general merchandise retailing company, Wangfujing and the country’s largest natural rubber manufacturer, Hainan Rubber formed joint ventures to enter Hainan’s offshore duty-free market, taking advantage of a yet to be implemented new tax-exempt policy, according to reports. The partners…
Russia to revise fiscal policy to support rubber producers
Russian President Vladimir Putin ordered to prepare amendments to fiscal laws providing for the use of a cushioning mechanism for synthetic rubber sales, according to the Russian news agency, Tass, citing the list of assignments posted on the Kremlin’s website early…
New tyres, plants, digital innovation in the pipeline for ZC Rubber
ZC Rubber Group is on track with its growth and goals targets, according to its Chairman Shen Jinrong during the company’s China Distributors Conference at end of December, where it shared its 2020 achievements, and vision for digital innovation. According…