Apollo Tyres of India remains open to future strategic acquisitions despite the collapse last year of a potential $2.5 billion deal with the Cooper Tire and Rubber Company, its vice chairman said Friday. The deal would have been the largest-ever…
Category: Industry News
Lehigh Strengthens R&D Capabilities
Sustainable materials company Lehigh Technologies Inc. has strengthened its research and development capabilities by investing in new mixing and analytical equipment for its Application and Development Center (ADC) and through the appointment of Chad Jasiunas as technical manager for functional…
Cambodia’s rubber export up 34 pct in 2013
Cambodia has seen a 34 percent rise in dry rubber export last year thanks to rising demand globally, the figures of the Ministry of Commerce showed Thursday. The country had exported 74,200 tones of dry rubber last year, up 34…
Wacker expands its technical centre in Kolkata
Munich-based chemical group Wacker is strengthening its presence in India by opening its expanded technical centre for silicone products in Amtala near Kolkata. Operated by the joint venture Wacker Metroark Chemicals (WMC), the enlarged regional competence centre now comprises state-of-the-art…
Yulex sets up guayule seed and genetics centre
US agricultural biomaterials company Yulex Corporation has opened a Seed & Genetics Centre focused on plant breeding, molecular genetics and development of agronomic best practices to support the global cultivation of sustainable guayule plantations for medical, consumer, industrial and bioenergy…
Rubber World global distribution up 30%
Rubber World Industries (RWI), a leading manufacturer of closed-cell rubber insulation ‘Gulf-O-Flex’ in the Gulf and South East Asia, has reported a 30% increase in its global distribution operations for 2013. The growth is widely attributed to the growing demand…
Rubber output down on protests
Rubber production in Thailand, the world’s largest exporter, may decline as growers from the main producing regions join protests seeking to overthrow the government, according to Von Bundit Co. Output may drop 1 to 20% this month and in February…
Malaysia eyes rubber plantation in Manila
The BIMP-EAGA (Brunei, Indonesia, Malaysia and Philippines East Asean Growth Area) Malaysia Business Council is in active discussions with a government-linked company (GLC) to embark on a large-scale rubber plantation in Palawan, the Philippines. Its chairman Roselan Johar Mohamed said…
November 2013 winter tyre stats indicate a strong season
The winter has been among the worst ones this year, however, not the coldest. While the environmental ministry has announced that following the stormy weather, about 1700 homes have already been flooded, most of the UK is experiencing high temperatures,…
Ryan & Maniskas, LLP announces class action lawsuit against Cooper Tire & Rubber Co.
Ryan & Maniskas, LLP announces that a class action lawsuit has been filed in the United States District Court for the District of Delaware on behalf of purchasers of Cooper Tire & Rubber Co. (“Cooper” or the “Company”) (NYSE: CTB)…