Kumho Petrochemical will continue to operate its two butadiene plants in South Korea at reduced rates of 50% for the time being, due to an ongoing lack of crude C4 feedstock, a company source said Wednesday. The company has a…
Category: Industry News
Drop in Malaysian rubber prices caused by exceeding supply
The Plantation Industries and Commodities Ministry says the current drop in rubber prices is due to supply exceeding the demand from consumer countries like China, Japan, the United States and European countries. Slower economic growth, lacklustre markets, the fall of…
Wacker restructures distribution network for silicone and polymer products in Europe
Wacker, the Munich-based chemical company, reorganizes its distribution network for silicone and polymer products in Central and Eastern Europe. As part of a regional optimization process, the already existing partners IMCD, Euro-Him-1, Hellermann, Radka, Revada and Variachem will be entrusted…
Kossan to halt rubber glove operation in Vietnam
Glove maker Kossan Rubber Industries Bhd, which had planned to invest RM100 million for expanding its glove operation to Vietnam as early as this year, has decided to hold back its cross-border expansion project, as recent anti-China protests in the…
Continental launches new specialty tyre at CeMAT in Hanover
The Continental TractorMaster has been specifically developed for the requirements of tractors used in material operations in port terminals and shipping yards or for aircraft tugs. The TractorMaster will be on display from today until may 23rd (Friday) at the…
Michelin reveals new anti-landmine military tyre
French tyre giant Michelin has pushed back the limits of mobility. It has introduced a new, anti-landmine military tyre specially designed to aid clearing of safe pathways in landmine-studded areas. Michelin’s All-Inclusive Approach Michelin worked in close contact with French…
Cooper aiming 10% operating ratio by 2018
For Cooper Tire & Rubber Co., achieving its profitability and growth goals in the coming years could be a case of “less is more.” Two of Cooper’s key operating targets through 2018 are to reduce labor costs at its three…
Indian rubber industries urges immediate stoppage of cess
Rubber industries have urged for immediate discontinuation of cess levied on import of natural rubber (NR) as they consider the Customs department not empowered by the law to levy cess. According to the All India Rubber Industries Association (AIRIA), cess…
Abbotsford recognizes potential of Russian dandelion for rubber production
A few tiny test fields and raised beds in Abbotsford are covered with weeds. In fact, the planter cells in the nearby greenhouse are purposely seeded with weeds, too — but not just any weeds. The farmer, in this case,…
Bridgestone spots potential shortage of natural rubber
Global demand for tyres will double in the coming three decades to about 2 billion units a year, but the industry’s ability to meet that demand could be limited by a lack of natural rubber (NR), Bridgestone Corp. executive Keizo…