Yokohama Rubber Co. Ltd. held an opening ceremony for its recently completed automotive hose assembly plant at the San Francisco Industrial Park in Aguascalientes on May 27. The plant began operations in January 2015 and is the Mexican production base…
Category: Industry News
Asia rubber prices rise as China snaps up more Thai cargoes
Prices for rubber cargoes in Asia continued to pick up this week as demand streamed in from the world’s biggest consumer China, while supply constraints in top grower Thailand aided the rally. Physical rubber prices have benefited from joint efforts…
German automotive engineering firm Edag seeks listing -Dow Jones
The owners of German automotive engineering group Edag plan to list the company on the stock exchange in the second half of the year, Dow Jones Newswires reported on Sunday, citing three people familiar with the matter. Edag, which develops…
ContiTech develops new printing blanket made of glass beads
ContiTech has brought something new to the market for printing securities, high-quality film embossing (hot film/cold film) and sheet-fed printing – an enhanced printing blanket with a cover layer made of tiny glass beads. The Black Pearl glass bead printing…
Malaysia to build more rubberised roads to shore up prices
Putrajaya will build more rubberised roads in a bid to shore up natural rubber prices, says Plantation Industries and Commodities Minister Datuk Douglas Uggah Embas. “We should increase the use of rubber and the government is targeting to utilise 10%…
Rahul promises to help Kerala’s rubber growers
Kerala’s beleaguered rubber growers, who are reeling under rock-bottom prices for rubber latex, found a new politician this week to take up their cause: All India Congress Committee vice-president Rahul Gandhi. Rahul is presently on a tour of Kerala as…
Pyrolyx completes deal in tyre recycling sector
Pyrolyx AG, based in Munich, has completed a deal to acquire Germany-based competitor Carbon-Clean Tech Stegelitz GmbH (CCT Stegelitz). CCT Stegelitz will be fully integrated into Pyrolyx AG, which says it will continue to invest in CCT’s production site in Stegelitz,…
Helix buys silicone tubing line from Gore
Helix Medical L.L.C., a Freudenberg company, has acquired the silicone tubing product line of W.L. Gore & Associates Inc. Helix Medical will supply Gore’s existing pharmaceutical and biotech customers with Gore silicone tubing and Gore reinforced silicone hose for fluid…
May U.S. new vehicle sales to rise 2 percent: JD Power, LMC Automotive
Industry consultancies JD Power & Associates and LMC Automotive said they expect U.S. new vehicle retail sales for May to rise 2 percent to their highest level since August 2014. New car retail sales are forecast to touch 1.3 million…
Whitney new CEO of Liberty Tire Reycling
Liberty Tire Recycling has named Scott W. Whitney as its new CEO, effective June 1. A graduate of the U.S. Naval Academy in Annapolis, Md., Whitney most recently served as CEO of Greenwood Fuels, a renewable energy company. Before that,…