Category: Industry News

Silicone Coatings Market worth US$6 Billion by 2020

The report Silicone Coatings Market by Type, by End User Industry – Global Forecast to 2020, analyzes the global Silicone Coating Market with respect to market drivers, restraints, and opportunities in different regions. The global Silicone Coatings Market is successfully penetrating the…

Fall in the price of natural rubber affects companies

Continuing fall of natural rubber price has a knock-on effect on the sales of Kerala-based chemical companies like Periyar Chemicals and Kemstok Petrocids. Hurt by the sharp fall in prices, farmers in the state have lowered natural rubber production significantly,…

Michelin sees rubber rout ending

The slump in global natural rubber prices is probably over because producers are finding it harder to cover their costs and will cut output, according to Michelin & Cie, Europe’s largest tyremaker. Rates have reached a floor of about $1.50…

India’s Rubber Support Scheme fails

The much-publicised scheme to help rubber growers, which the state government brokered with leading tyre makers in December, to ensure that the latter lifts natural rubber at 20 % above the international market price, has turned out to be a…

Automotive Composites Market Forecast 2015-2025

In 2015 the market for automotive composites is progressing strongly, boosted by increasingly advanced production techniques which are facilitating higher volume production of composite materials. The success of composite-rich models such as the BMW i3 provides further positive stimuli to…

Ernest Waaser is new CEO of NuSil

CALIFORNIA – NuSil Technology LLC, the global leader in high purity medical and space-grade silicones, announces the appointment of Ernest Waaser as its new chief executive officer. Mr. Waaser brings over 30 years of experience leading numerous public and privately-held…

Evonik expands silicone platform in Germany and China

Evonik strengthens its technology platform for specialty silicones with a global investment initiative. Overall, Evonik plans to invest a triple-digit-million-euro amount in the coming years and gradually increase the production volume of specialty silicones. “Evonik is one of the world’s…

Indian Automotive Aftermarket to grow stronger

The poor condition of roads and, consequently, the increased wear and tear of automobile parts are heightening the need for vehicle maintenance in India. Along with the country’s rapidly emerging status as the manufacturing hub for global automakers, this is…