The Business Standard reports, “Natural rubber import is likely to be more attractive for the industry as leading producing countries weigh more concessions on export. To add to the woes of the growers, the military junta of Thailand, world’s largest…
Category: Industry News
Lehigh Technologies raises funds to support geographic expansion
Lehigh Technologies, Inc. announced the closing of an $8 million strategic financing round to support the company’s geographic expansion and technology roadmap. JSR Corporation, a $4 billion specialty chemicals company, participated in the latest round of financing, joining existing investors…
Falken set to play larger role in truck tyre market
Falken Tyres presence in the truck tyre replacement market is small compared to many of its rivals but increasing positive feedback from early adopters of the Japanese tyre maker’s products suggests that it could be set to play a larger…
Nairit to supply 50% of Russia’s demand for chloroprene rubber
Nairit chemical plant located in a Yerevan suburb is able to meet 50% of Russia’s demand for chloroprene rubber, which is approximately 25,000-30,000 tons, according to Vazgen Safaryan, the chairman of the Union of Domestic Commodity Producers. “Until recently, Russia…
Goodyear won’t build plant in Ohio
Goodyear has removed Ohio — and its home base of Akron — from consideration for its next tyre plant, citing logistics, labor costs and access to a deep-sea port as reasons for the decision. In a Sept. 2 letter to…
Accella gains Zeus Tyrefill
Accella Performance Materials, Inc., a leading manufacturer of polyurethanes, plastisols and recycled rubber products, today announced the acquisition of Zeus Tyrefill Systems GmbH (“Zeus”), a leading manufacturer of tyre fill systems and flatproofing solutions for heavy duty industrial and “off…
International Rubber Company reports sales increase in first half
International Rubber Company (IRC) — a subsidiary of Masharie recorded a sales increase of Dh34 million in the first half of 2014, the company said in a statement on Wednesday. The increased sales can be attributed to the rising demand…
Titan extends Goodyear farm tyres brand LSW range
Titan International Inc. announced that its Goodyear Farm Tires brand has launched four new Low Sidewall (LSW) tyre/wheel assemblies for tractors, combines and sprayers. The LSW design features a larger rim diameter and shorter sidewall as compared to standard tyres,…
Falken expands WildPeak H/T tyre range
Falken Tire Corp. has expanded market coverage of its WildPeak H/T line with 18 new sizes, including crossover vehicle sizes. That increases the number of P-metric and LT sizes to 44; they range from 15 to 20 inches and are…
Hartalega to increase rubber glove production
Rubber glove maker Hartalega Holdings Bhd expects its top line growth to remain flat for its financial year ending March 31, 2015, as its operations are currently running at full production capacity. Its executive chairman Kuan Kam Hon said however…