North Sumatras earning from exports of rubber and rubber goods declined 27.38 percent in the first half of the year on weak demand. “North Sumatras exports of rubber and rubber goods were valued only at US$814.54 million in the first…
Category: Industry News
Lanxess to merge certain business units
Lanxess is pressing ahead systematically with its realignment. The specialty chemicals Group has defined a three-phase program “Let’s Lanxess again,” divided into the following three areas: Business & Administration structure competitiveness, Operations Competitiveness, Portfolio Competitiveness. The group-wide restructuring program initiated…
Yokohama reports net income upsurge
Yokohama Rubber Co. Ltd. reported record sales and earnings for the first half of fiscal 2014, with operating and net income jumping 23.8 and 38.4 percent, respectively, on 5.3-percent higher sales. Yokohama attributed the “robust fiscal performance” to business gains…
Countrywide adds new trailer tyre to RubberMaster brand
Countrywide Tire & Rubber Co. has added an ST radial trailer tyre to its RubberMaster brand offerings. The company said the opportunity to produce the new tyre came during the development of Countrywide’s recently launched direct container program, LINK, and…
Michelin adds three new tyres to WRC range
No less then three new Michelin tyres have been developed for this season’s FIA World Rally Championship, and the tyre maker says “extremely positive feedback” was garnered following private session tests by its partner teams, with improvements noted in a…
Cooper reports net income rise in second quarter
Cooper Tire & Rubber Co. posted net income of $38.2 million on net sales of $888.7 million for the second quarter ended June 30, 2014. That compares to income of $35.5 million on sales of $884.1 million for the same…
Japanese scientist gains Wacker Silicone Award
This year’s Wacker Silicone Award goes to Akira Sekiguchi, professor of organic chemistry at the University of Tsukuba in Japan. The award, which includes €10,000 prize money, was presented last night in Berlin. In 2003, the recipient was the first…
Duratread and DRC introduces expanded range of tyres from Vietnam
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…
Indian rubber auto-component makers to invest in industrial segment
Rubber-based auto-component makers are working on developing products that would cater to the earth-moving and agricultural segments, to offset the slow demand from the passenger vehicle segment. Some are also looking diversifying their portfolio to industrial applications in order to…
Trelleborg to gain Uretek and Archer Rubber Company
The Courant reports, “A New Haven coated fabric manufacturer will be acquired by a large Swedish polymer engineering firm, the company announced Monday. Trelleborg AB has signed an agreement to acquire Uretek LLC and its Massachusetts sister company Archer Rubber…