Sumitomo Rubber Industries, Ltd. announces that they have begun delivering the Falken brand “ZIEX ZE914A” and “ZIEX ZE914A ECORUN” high-performance tyres to Volkswagen for use on their new model “Passat,” which they first unveiled in Europe last October. In order…
Category: Industry News
Zeon plans second Singapore factory
Zeon will up its capacity in Singapore for a type of synthetic rubber favoured by tyre makers boosting their production of fuel-efficient tyres. The leading Japanese maker of synthetic rubbers and high-function materials will invest roughly 7 billion yen ($57.8…
BFGoodrich Tyres launching new g-Force COMP-2 A/S tyre
BFGoodrich Tyres is launching its new g-Force COMP-2 A/S tyre. The tyres are now available throughout North America in more than 20,000 authorized dealers. The new g-Force COMP-2 A/S tyre, available in an initial phase of 33 tyre sizes, will…
Trelleborg acquires share of liquid silicone rubber operation
Trelleborg has, through its business area Trelleborg Sealing Solutions, utilized an option from 2011 to acquire the outstanding 50 % of the shares in Trelleborg Sealing Solutions Silcotech Bulgaria OOD, with a production unit in Pernik, Bulgaria. Its main focus…
Indian rubber farmers disgruntled
Indian rubber farmers are disgruntled as India reels from a severe crisis which sees a steep fall in rubber price. The import of natural rubber (NR) has recorded an all-time high, crossing four lakh tonne in the fiscal year 2014-15.…
Versalis and LOTTE Chemical to expand cooperation in the Asian market
Versalis (Eni) and LOTTE Chemical will be extending their cooperation in the elastomers business under a technology license agreement regarding, in particular, the Styrene-Isoprene-Styrene and Styrene-Butadiene-Styrene (SIS/SBS) product lines. This is to target the specialty hot-melt adhesives market and additional…
Royal Holdings, Inc acquires Chemical Innovations Limited
Royal Holdings, Inc. (Royal), a portfolio company of Arsenal Capital Partners (Arsenal), announced that it has, through its Kommerling UK Limited subsidiary, acquired the stock of Chemical Innovations Limited (CIL) from Vita (Group) Unlimited. Based in Preston, UK, CIL is…
Rubber market likely to continue downtrend
The Malaysian rubber market is likely to continue its downtrend next week on negative sentiment due to fluctuating crude oil prices and oversupply situation in Asia. “The market is expected to be volatile next week given that the demand for…
UTECH Europe 2015 Polyurethanes Conference line-up
Organisers of UTECH Europe 2015 polyurethanes event have announced full details of its comprehensive three-day conference taking place April 14-16, 2015 at the MECC, Maastricht, The Netherlands. Featuring over 90 detailed technical papers delivered in a total of 11 sessions,…
Canada Tyre Market Forecast and Opportunities 2015 – 2020
Canada’s tyre market is forecast to increase at a CAGR of around 6% till 2020 Large vehicle fleet and growing hybrid vehicle sales would be the major factors driving Canada tyre market over the forecast period. Passenger car tyre market is the dominant…