Sonic Automotive, Inc. one of the nation’s largest automotive retailers, today reported adjusted net income from continuing operations for the second quarter of 2015 of US$23.4 million, or US$0.46 per diluted share. Included in these adjusted amounts are pre-tax expenses…
Category: Industry News
Scots research reveals farming threat to dwindling rubber supply
A SCOTTISH expert has warned of an impending worldwide rubber shortage driven by insatiable demand for the finite resource and the lack of an adequate man-made substitute. A team including lead researcher Antje Ahrends from the Royal Botanic Garden Edinburgh…
Carmakers vie for pole position in post-sanctions Iran
Carmakers are racing for Iran following the country’s breakthrough nuclear deal with western powers – pitting past market leader PSA Peugeot Citroen against challengers such as Volkswagen. Tuesday’s accord, in which Tehran agreed to curb its nuclear program in return…
Russia seeks 80,000 tonnes of Thai rubber in barter deal
THAILAND and Russia are considering a barter trade deal, with Russia seeking 80,000 tonnes of rubber while Thailand wants weapons and other goods in return, Deputy Premier and Foreign Minister Tanasak Patimapragorn said yesterday. He spoke to the media yesterday…
New report explores the industrial gloves market trends, segments analysis and industry forecast
Industrial gloves are utilized to ensure employee safety and sanitary conditions in the workplace. Industrial gloves are a necessary item, especially in the food, chemical and healthcare industry. Persistence Market Research Pvt. Ltd is released new forthcoming report on title…
Global Rubber Gloves Market 2015 – Key Major Players are Top Glove, Kossan, Supermax and Hartalega
The market for rubber gloves is highly competitive with a few large players dominating both global and regional markets. All these companies have rolled out their production plans to increase their capacities, supply better products and to meet the increasing…
Vietnam urged to join rubber consortium
Thailand is set to lobby Vietnam at a meeting in Bangkok next week to join the International Rubber Consortium Ltd (IRCo), a move that would help to stabilise rubber prices. The country is also seeking to expand bilateral trade to US$20 billion over…
New Michelin tyre plant will propel Indonesia to forefront of Asia-Pacific butadiene market
The organic compound butadiene, or 1,3-Butadiene (although they will be used synonymously henceforth), is a conjugated, unsaturated hydrocarbon derived of two double bonds between carbon atoms. It is an integral facet of the industrial chemical industry used in the production…
One-off RM500 for each rubber smallholder in Sarawak
The government is stepping in to assist rubber smallholders in the state by providing them with a one-off financial assistance of RM500 each due to the declining price of rubber in the global market. At 5pm yesterday, the price of…
Rubber waste gutted
A major fire on a tyre factory premises destroyed rubber waste and other materials at the open waste dump yard near Melur on Tuesday. Firemen from four fire stations fought for nearly nine hours to put out the flames. However,…