The Timken Company will purchase Carlstar Belts Business from American Industrial Partners. Carlstar Belts Business manufactures belts used in industrial, commercial and consumer applications under well-recognized brands including Carlisle, Ultimax and Panther, among others. The transaction is expected to be…
Category: Industry News
Ban import of natural rubber, minister told
Commerce minister Nirmala Sitharaman has been urged by Dakshina Kannada MP Nalin Kumar Kateel to ban the import of natural rubber. India is facing a shortage of of 50,000-60,000 tonnes of natural rubber production At the same time, price of…
Karex looking to purchase Medical-Latex for RM13 million
Karex Bhd is eyeing to buy Medical-Latex (Dua) Sdn Bhd (MLD) from Beiersdorf AG for RM13mil. Karex Bhd is the world’s largest condom-maker. It would allow Karex to acquire MLD’s own brand manufacturing product, under the Enjoyable Safe Pleasure (ESP)…
Styrene Butadiene Latex Market 2015 – 2023
This report covers the analysis and forecast of the styrene butadiene latex market on a global and regional level, diving it based on applications and regional demand. Application segments have been analyzed based on current trends and future potential. The…
Global EPDM 2015 – 2020 market report
The Asia Pacific hosts the largest market for EPDM. EPDM is often used in the interior parts of automobiles. EPDM or Ethylene Propylene Diene Monomer is a high-density synthetic rubber and is very durable in nature. EPDM is mainly suitable…
Kultevat Inc collaborates with Sumitomo Rubber Industries to develop environmentally-friendly rubber
Kultevat Inc will be collaborating with Sumitomo Rubber Industries to develop environmentally-friendly rubber. The St Louis-based company and the Japanese company inked a research agreement recently to speed-up the development of Taraxicum kok-saghya (TKS). TKS will then act as an…
Tyre inspection in Abu Dhabi introduced to curb road accidents
Abu Dhabi Quality and Conformity Council (QCC) is concerned of cases of road accidents due to worn-out tryes and so it has launched a tyre inspection campaign. The campaign runs August 9 until August 20. The drive aims to ensure…
Tyre market growth in Saudi Arabia report
The tyre market growth in Saudi Arabia is expected to grow at a CAGR of 13 % till 2020. Passenger car tyre has been the largest segment in the country since 2010, followed by the commercial vehicle tyre segment. In…
GM’s Cadillac expects 500, 000 annual sales by 2020
GM’s Cadillac has said that it expects to sell 500, 000 cars annually by 2020. This is an increase from 275,000 expected this year. That would boost Cadillac’s share of the global luxury vehicle market to 5 % from 3.4…
India’s rubber output to shrink by as much as 15%
Some rubber farmers have stopped tapping due to weak rubber price, causing fears that the rubber output in India might shrink by 15 % – its lowest in two decades. MUMBAI: Natural rubber production is likely to sink as much…