Against the backdrop of lower profits, Lanxess Chairman Axel C. Heitmann will resign at the end of February this year. Heitmann’s contract was due to expire in 2017. Heitmann who has led the Cologne-based company since it was spun-off from…
Category: Industry News
Government working on national rubber policy
The government is working on a comprehensive national policy for the rubber sector to address a host of issues being faced by growers and the industry. “An inter-ministerial panel, with representatives from all stakeholders, will soon be set up to…
Rubber product manufacturing in Canada industry market research report from IBISWorld has been updated
The Rubber Product Manufacturing industry offers a range of goods, including nontire rubber automotive parts, construction materials and office supplies. Industry growth was depressed during the global economic recession, with revenue declining 14.7% in 2009. Weakened demand for rubber product…
Apollo Tyres open to transactions despite Cooper Tire deal collapse
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…
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…