Rubber in Tokyo advanced by the most since May 2013 as Japan’s currency plunged and as China, the biggest consumer, seeks more than US$300 billion in infrastructure investment. The contract for November delivery on the Tokyo Commodity Exchange surged 6.3%…
Category: Industry News
New Nynas range of naphthenic oils minimises reformulation need
The ongoing rationalization of Group I production across Europe has caused concern about shortages and the expensive need to reformulate products. Nynas decided early on to view the changing refinery landscape as a call to action and can now offer…
Ford sales growth mainly from Asia in next decade: executive
Ford Motor Co sees most of its corporate sales growth over the next decade coming from the Asia Pacific region despite the recent slowdown in China auto demand, a top executive said Thursday. “When I take a look at Ford’s…
Kenda Tyres launches Klever S/T in USA
Kenda USA has added another offering to their Kenda Klever line. The Klever S/T is designed to help fill a gap in the SUV/CUV marketplace with a 60,000 mileage warranty and M&S all-season capabilities. It will be available to order…
Beaurepaires to launch new tyre service technology at show
Tyre retailer Beaurepaires will unveil a number of commercial fleet tyre service improvements at the Brisbane Truck Show this week, to aid both industry operators and drivers. As part of the company’s ‘Mobility’ project, it is upgrading approximately 200 service…
JK Tyre opens Steel Wheels outlet in Karimnagar
JK Tyre & Industries has launched its new Steel Wheels showroom at Karimnagar in Telangana. It will be a one-stop shop for tyre solutions offering the entyre tyre-related services. This is in line with the company’s network expansion drive to…
ArcelorMittal Inks MoU with SAIL for Automotive Steel Unit
ArcelorMittal has signed a Memorandum of Understanding (“MoU”) with India’s leading steel company – the Steel Authority of India (“SAIL”) – for setting up an automotive steel producing unit in the country, under a joint venture arrangement. The MoU was jointly…
Sumitomo suffers double-digit declines
Sumitomo Rubber Industries Ltd. suffered double-digit declines in operating and net income for the quarter that ended March 31 on a combination of factors including currency exchange losses and pricing and volume/mix issues. Sales also declined by 2.9 % to…
Making the ecological difference
Specialty chemicals company LANXESS provides its innovative bio-based Keltan Eco EPDM rubber to Freudenberg Sealing Technologies. This well-known global manufacturer of seals and vibration control technology products recently started to produce rubber seals made of Keltan Eco EPDM at its…
WACKER Expands Technical Center in Moscow Munich
Munich-based chemicals group WACKER has expanded its technical center in Moscow, Russia. Auguste Willems of WACKER’s Executive Board and Dr. Christian Hartel, head of WACKER SILICONES, dedicated the new service lab today in the presence of several customers. The facility…