Category: Industry News

Michelin and Ropa receive award at Agritechnica

Agricultural machine maker Ropa and Michelin were awarded the silver medal in the ‘Innovation’ category for their R-Soil Protect technology by the organizer of Agritechnica, which will take place in Hannover, Germany from November 10-14 2015. The R-Soil Protect technology…

Freudenberg relocates production

Freudenberg Sealing Technologies is reorganizing its liquid silicone business. The company plans to relocate production from Öhringen, Germany to Losenstein, Austria by the middle of 2017. The tooling plant will remain in Öhringen. Reasons for relocation include the increased pressure…

Asia Pacific leads silicone market

Asia-Pacific is the leader in the global silicone market and this dominance is projected to continue till 2020. China is the key market in this region, having a market share of more than half of the global demand for silicones.…

China synthetic rubber market to reach US$12bn by 2020

According to recently released TechSci Research report “China Synthetic Rubber Market Forecast & Opportunities, 2020”, the synthetic rubber market in China is projected to cross US$12 billion by 2020. This growth is anticipated on the back of continuously rising production…

India slips in global rubber production

India may fall behind China to land in sixth in the global natural production ranks. Currently, India is the fifth largest producer of natural rubber behind Thailand, Indonesia, Malaysia and Vietnam. “Some years ago, the projection was that India would…

Pirelli announces tyre choices for last races

Pirelli completed its tyre nominations for the 2015 season and revealed tyre choices for the last four races. For the the grands prix coming up in US and Mexico, the P Zero White medium and P Zero Yellow soft tyres…

Toyoda Gosei closes Australian subsidiary

Japanese automotive part manufacturer Toyoda Gosei closes Australian subsidiary Toyoda Gosei Australia Pty. Ltd. (TGAU) because of “customers’ withdrawal from production in Australia”, the company said in its official statement. Toyoda Gosei will support its approximately 150 employees in Australia…

Michelin’s golf tournament benefits eight charities

Michelin North America raised a record US$682,000 from its annual charity golf tournament for eight charities. This year marked the 26th time Michelin has hosted the charity golf tournament. Since 1989, Michelin’s suppliers have contributed nearly US$4 million. Money collected…