Platts reports, “East Asian countries, especially South Korea and Taiwan, are increasingly importing butadiene cargoes from Iran, India and Southeast Asia as supplies within the region have been tight for a while, trade sources said this week. About 9,000 metric…
Category: Industry News
Natural rubber producer sinks into the red as rubber prices fall
GMG Global’s shareholders must be scratching their heads over the group’s disappointing 1H14 results. The mainboard-listed firm registered a net loss attributable to shareholders of S$14.8 million in the first half of the year, on the back of continued weakness…
Karnataka to emerge as the second largest producer of rubber in India
A consortium of Karnataka Rubber Producers’ Societies came into being here on Thursday. After inaugurating the consortium, Rubber Board chairperson Sheela Thomas said Karnataka had the potential to emerge as the second largest producer of rubber in the country after…
Indian rubber growers suffers huge loss due to the poor quality saplings
Around 75,000 registered rubber growers have been identified in the six districts of Karnataka, viz., Dakshina Kannda, Udupi, Uttara Kannada, Shimoga, Kodagu and Chikmagalur, where the crop is substantially grown. But nowhere in the state is a nursery set up…
Tanzanian gov’t scouts for new investor to revive GTEA plant
Germany tyre manufacturer Continental AG has finally agreed to offload its 26 per cent stake in the once thriving General Tyre East Africa (GTEA), hence giving a leeway to the government of Tanzania to scout for strategic investor to revive…
Duratread and DRC unveils new range of Vietnamese tyres
Duratread and DRC, who have been cooperating on sales and marketing projects since 2006, have announced the launch of a new expanded range of tyres coming from Vietnam. The innovative range of products were unveiled at the Latin Tyre Expo…
Pirelli reveals new 01 series truck tyre range
Pirelli Pneus Ltda completed its launch of its next generation radial truck tire line at the 2014 Latin American & Caribbean Tyre Expo in Panama City, Panama. Targeted for Central America and the Caribbean, the 01 Series was developed at…
Michelin introduces new range of farm tyres
Michelin, Ireland last remaining tyre manufacturer, has expanded their range of farm tyres with the unveiling of their CargoXBib high flotation unit for use on trailers and other items of farm machinery. Using their new Ultraflex technology, it is designed…
New LSR for making radiator gaskets
Munich-based chemical company Wacker has expanded its product range with a new liquid silicone rubber (LSR) for the production of automotive gaskets. MoUlded parts made from the new silicone are resistant to heat and coolant and exhibit low compression set…
Piedmont launches new ContiLifeCycle facility
Piedmont Truck Tires has completed the conversion of its Graham retread plant to the ContiLifeCycle processes and begun production of retreads using the ContiTread flat precured tread rubber. Greensboro, N.C.-based Piedmont converted the facility from the Goodyear certified retread process,…