Category: Industry News

Lanxess appoints new board member

Lanxess AG appointed Dr. Hubert Fink to the Board of Management, effective October 1st. The number of members of the Board of Management will thus increase from three to four. Fink currently heads the Advanced Industrial Intermediates business unit at…

Los Prados Park installs with virgin rubber infills

Artificial turf company GreenFields USA will be filling the fields at Los Prados Park in San Mateo, California with virgin rubber infills. San Mateo selected GreenFields’ SlideMax XQ, utilizing a fiber that exceeds some of the most stringent wear tests…

Michelin named most ‘sustainable’ tyre maker

The Michelin Group is the top tyre maker for sustainable development, according to the Dow Jones Sustainability World Index (DJSI survey RobecoSAM). The tyre maker scored 87/100 in the last rankings, up 4 points, and rose to the forefront of…

Self-healing tyre can be used after punctures

A cut or torn tyre usually means one thing — you have to buy a new one. But some day, that could change. For the first time, scientists have made tyre-grade rubber without the processing step — vulcanization — that…

Volkswagen CEO resigns amidst emissions scandal

Martin Winterkorn resigned as CEO of Volkswagen last September 20. The car company is facing a scandal after admitting they programmed its car to report false emission readings. The US Environmental Protection Agency and the California Air Resources Board (EPA…

Rosneft and ChemChina sign partnership agreement

Ownership of the ChemChina Petrochemical Corporation (CCPC) and work together in the Far-East Russian petrol company Rosneft and China National Chemical Corporation (ChemChina) agreed to share Petrochemical Company (FEPCO). The documents were signed by the Chairman of Rosneft Management Board…

Rubber is one of the worst performing commodities

  The past few months have seen a steady slump in rubber prices—making the commodity one of the worst performers of the year, according to Commodity Online. Tokyo rubber futures, for example have sunk 27% to a six-year low at…

Rubber Assembly proposes a common trading platform

Creating a common trading platform may be a way to strengthen rubber prices, according to Sheela Thomas, Association of Natural Rubber Producing Countries Assembly (ANRPC) Secretary-General. ANRPC’s ministerial level meeting was held at Kuala Lumpur and the deliberations based on…