Apollo Tyres Ltd. announced it has expanded into the Qatar market in the Middle East region. The company says the move is part of its strategy to enter newer markets across geographies. Two years ago Apollo set up its hub…
Category: Industry News
Rubber prices end lower
Malaysian rubber prices closed lower for the fourth consecutive day this week with buyers sidelined due to a lack of fresh leads, a dealer said. She said the downtrend was also in tandem with the Singapore Exchange (SGX) and Shanghai…
Kuan Kam Hon’s synthetic gloves yield real profits
First Malaysia produced rubber. Then it produced rubber gloves. Now–as rising health care budgets, aging populations and higher hygienic standards around the world boost the medical industry’s demand for gloves–the country is proving the natural place to produce synthetic gloves.…
Continuing growth in automobile sector and favorable policy environment to boost tyre sales in Brazil, says TechSci Research
Brazil is the world’s sixth most populated country and its GDP is currently growing at over 5%. Brazilian tyre market is the largest and fastest growing tyre market in Latin America. A combination of growing economy and large population base…
Asahi Kasei intensifies petrochemical operations in Japan
Asahi Kasei Corp., Asahi Kasei Chemicals Corp., and Asahi Kasei E-materials Corp. have made a decision to strengthen their petrochemical operations in Japan as described below. Having identified acrylonitrile (AN) and solution-polymerized styrene-butadiene rubber (S-SBR) for fuel-efficient tires as world-leading…
SIMTEC announces LSR manufacturing program for global medical device company
SIMTEC Silicone Parts a custom manufacturer of Liquid Silicone Rubber (LSR) parts and high-precision LSR 2-Shot components has announced a new production partnership with a global healthcare leader. SIMTEC will begin production in 2014 on a high precision LSR component…
The importer of Bridgestone Tyre will expand its bussiness in Middle East
Big news comes from the importer of Bridgestone tyres for Dubai and the Northern Emirates. They said they are going to launch about 10 new outlets in the region. Nasser bin Abdullatif Alserkal Establishment as the importer of Bridgestone tyre…
Double Camel recalls 1,440 Vail trailer tyres
Qingdao Xiyingmen Double Camel Tyre Co. Ltd., in cooperation with Lionshead Specialty Tire & Wheel LLC, is recalling certain Vail Sport ST LH 99 tubeless trailer tyres. The number of potential units affected is 1,440. The tyres, in size 225/75D15,…
Thai rubber sector outlook brightens
Both the government and private sectors have indicated that the global price of natural rubber will begin to recover within the next 2-3 months. Both sources agree that the political turmoil has no bearing on the local natural rubber price,…
Rubber tappers’ income falls short
Some 30,000 rubber smallholders here, in Temerloh and Jerantut claim their income has been affected by the drought that began early this month. Masood Mat Jali, 49, said he used to earn between RM40 and RM50 a day, but only…