India’s tyre giant CEAT aims to export back at least 30 percent of the products to be manufactured at its plant in Mymensingh, taking advantage of the duty benefits the neighbouring country has extended to Bangladesh. The Mumbai-based company last…
Category: Industry News
Anhui HeDing builds new tyre factory
Anhui HeDing Tires Technology Co. Ltd. has commissioned production at its new factory in Bengbu, Anhui, province, 17 months after beginning construction on the $323 million project. The plant, in the Huaiyuan Economic Development Zone in Bengbu, is designed to…
RMA and TIA agrees to add additional symbol to tyre plant codes
The Tire Industry Association (TIA), has sent comments to the National Highway Traffic Safety Administration (NHTSA) Docket Office regarding a notice of proposed rulemaking for tyre identification and recordkeeping. NHTSA is seeking to expand the first part of the tyre…
Synthomer to launch new NBR grade at IRGCE 2014
Synthomer, a global market leader of emulsion latices for the dipping industry is launching its latest NBR latex grade for protective gloves at the 7th International Rubber Glove Conference & Exhibition (IRGCE) to be held in Kuala Lumpur, Malaysia from…
Thailand NCPO approves new budget to rebuild rubber industry
The Bangkok Post reports, “The National Council for Peace and Order (NCPO) has approved a budget of 5.94 billion baht for the overhaul of the rubber industry as proposed by the Natural Rubber Policy Committee. The measures involve maintaining a…
Freudenberg acquires hydraulic accumulator maker
Freudenberg Sealing Technologies, the Freudenberg Group’s global sealing specialist, is to acquire Tobul Accumulator, a developer and manufacturer of hydraulic accumulators. The family-owned company has various sites in the US, together with a sales office in Shanghai, China, and employs…
Sensata adds Schrader TPMS to its portfolio
Dutch firm Sensata Technologies BV is to acquire the Schrader group of companies from Madison Dearborn Partners for US$1 billion. Schrader is the global leader in tyre pressure monitoring sensors (TPMS). The transaction provides TPMS and additional low pressure sensing…
Green carbon process patented in the US and China
Pyrolyx AG, which has developed the first green, sustainable process for the recovery of high-quality, marketable carbon black from end-of-life tires, has announced that its method has now been successfully patented for the US and Chinese markets. Moreover, Pyrolyx fully…
Thai military gov’t approves rubber stockpile sell-off
The Thai military government has approved the sale of the country’s large rubber stocks and is in negotiations with potential buyers, a senior rubber-industry official said Monday. Chanachai Plengsiriwat, director of the Rubber Estate Organization, which oversees the country’s rubber…
Upbeat auto industry results increase sales for Indian tyre makers
The Economic Times of India reported, “We all know that the performance of the tire industry is directly linked with the performance of the automobile industry. The recent data flow in terms of auto sales figures suggests the onset of…