Rubber consuming industries have opposed any move to raise import duties on natural rubber and contested Kerala Finance Minister KM Mani’s figures on production-consumption gap. Gap much higher The industries say that the gap between domestic production and consumption of…
Category: Industry News
Dow Corning Receives Pinnacle Award from Delphi
Dow Corning today received the 2014 Pinnacle Award from Delphi Automotive PLC – its most prestigious supplier honor – during its Global Supplier Conference & Pinnacle Awards event in Shanghai, China. The award recognized Dow Corning for its contribution to Delphi’s Excellence…
GMG Global Q1 profit plunges 93.8% on low rubber prices
Vertically integrated rubber producer GMG Global’s net profit for the first quarter of 2015 plunged 93.8 % to S$0.16 million. Over the same period, its revenues fell 33 % to S$150.7 million. In a statement, GMG said the decline in…
Rubber produces come together to boost prices
Producers and industry bodies said they were set to charge a significant premium over the exchange-traded futures contract from the second half of 2015, a move that would mark a radical change in an industry where plunging prices have hit…
Rubber material based on bio-renewable polymer developed
An ethylene propylene diene monomer (EPDM) rubber compound from a polymer produced from sugarcane-based feedstock has been developed by Freudenberg-NOK Sealing Technologies. The bio-renewable rubber is created from a polymer that is made via a process that begins with the…
Czech Republic sees expansion of Semperit facility
EUR 15 million will go into the expansion of Semperit’s hose production facility in Odry, Czech Republic. This will increase production capacities of industrial hoses by about 40 % by the second quarter of 2016. Even after the recent coming…
O’Reilly Automotive, Inc. reports first quarter 2015 result
1st Quarter Financial Results Sales for the first quarter ended March 31, 2015, increased $174 million, or 10%, to $1.90 billion from $1.73 billion for the same period one year ago. Gross profit for the first quarter increased to $987 million…
Automotive plant at Zaheerabad expanded
Mahindra & Mahindra on Wednesday launched its manufacturing facility at Zaheerabad in Medak District of Telangana State. The facility will manufacture Mahindra’s new small commercial vehicle, code named P601. The new vehicle is scheduled to be launched by September. The…
Global Styrene Butadiene Rubber Market – Analysis and Forecast to 2019
The report covers the important styrene butadiene rubber global markets. It further divides the market on the basis of applications and geography. The market data for these types has been provided with respect to volume (thousand tons) and value (U.S$million).…
Introducing silicone seam sealer
Dow Corning Corp. has released its 1299 Silicone Seam Sealer that outperforms traditional acrylic sealants in narrow seam applications. Dow Corning said this helps manufacturers deliver windows and doors that prevent air and water infiltration to reduce energy costs. It also…