The tyre and rubber industries have expressed concern over the disparity in rubber stock figures and communicated the anomalies to the Commerce Ministry. In its communication to the Additional Secretary (Plantations), who is also the Chairman of the Expert Committee…
Category: Industry News
Bill Gates offers Chinese rubber company to manufacture thinnest condom
A Chinese rubber company’s battle to be known as the producer of the world’s thinnest condom may be under threat thanks to Microsoft co-founder Bill Gates. China’s Guangzhou Daming United Rubber Products is currently suing Okamoto Industries after the Japanese…
Ivo Recap inaugurates largest tyre retreader in Latin America
Ivo Recap, part of Group Ivo, recently opened the largest retreader in Latin America. The company, which is part of the Vipal Authorized Network, opened a new facility in Campina Grande do Sul capable of producing 20,000 retreaded tyres a…
Yokohama gains Italian marine hose maker
The Yokohama Rubber Co., Ltd., announced that, effective September 18, it has acquired the Italian marine hose manufacturing and sales company Parker MHP S.r.l. from its US parent company Parker Hannifin Corporation. The Italian company’s name will be changed to…
Nokian WR D3 wins German winter tyre test
The new Nokian WR D3 crossed the finish line in first place scoring the top rating “highly recommended”. The tyre clearly demonstrated its strengths in the disciplines traction, braking and handling on snow. The Nokian tyre also passed the safety…
Guangzhou Fengli expands tyre facility in Guangdon
Guangzhou Fengli Tire & Rubber Co. Ltd. has started work on a project at its plant in Conghua, Guangdon Province, to install annual capacity for 10 million eco-friendly, high-performance tyres, according to the project’s environment assessment report. The project is…
Kerala rubber growers curbs tapping due to rubber prices downturn
Rubber prices have dropped to levels of ?120 a kg despite efforts to prevent the downtrend in rubber prices by various stakeholders in the industry. The Kerala Government’s efforts to drive the market higher have also failed. Various reasons could…
Dow Corning introduces 150 mm silicon carbide SiC wafers
Dow Corning, a global leader in silicon and wide-bandgap semiconductor technology, raised the bar yet again for silicon carbide (SiC) crystal quality today by announcing that it now offers 150 mm diameter silicon carbide (SiC) wafers under its ground-breaking Prime…
Thai farmers ends planned protest after gov’t pledges to raise rubber price
Prime Minister General Prayuth Chan-ocha yesterday claimed success in curbing a planned protest by rubber farmers in the South, after pledging to raise the minimum price of the commodity to Bt50 per kilogram, which is the current global rate. Prayuth…
Kumho reports income growth in second quarter
Kumho Tire Co. posted net profit of 52.6 billion won on net sales of 895 billion won for the second quarter ended June 30, 2014. That compares to income of 50.8 billion won on sales of 1 trillion won for…