Sri Lankan tyre firm Global Rubber Industries (GRI) says it has completed the second phase of its US$100 million capacity upgrade plan for its speciality tyre facility, which is sited next to its more established plant in Sri Lanka. With…
Category: Industry News
Toyoda Gosei opens new weatherstrips plant in China
Toyoda Gosei Co. group company Hubei Toyoda Gosei Zheng Ao Rubber and Plastic Sealing Technology (TG Zheng Ao), which produces weatherstrips, door weatherstrips and glass runs, has moved to a new and larger plant in Shiyan, Hubei, China. TG Zheng Ao became a Toyoda…
Birla Carbon adopts green finance framework; raises US$50 mn funding
Carbon black maker Birla Carbon has implemented a Green Finance Framework that outlines the criteria and provides guidelines for Birla Carbon to finance eligible Green Projects through Green Loans or Bonds as well as successfully concluded the first Green Finance…
Schwalbe develops recycling system for used bicycle tyres
Bicycle tyre specialist Schwalbe says it has started a pilot project for a recycling system for used bicycle tyres, working together with the Technical University of Cologne, University of Applied Sciences, and recycling specialist Pyrum Innovations, creating what it says is a “holistic recycling…
Momentive to relocate hq; to build R&D centre
Silicones maker Momentive Performance Materials group (Momentive) says it will relocate its global Corporate Headquarters from Waterford, New York, US, to the former SI Group location on Balltown Road in Niskayuna. This is the first step in a plan to…
Birch branches out to India; expands market reach
UK-based rubber additives firm Birch Chemicals has opened its first international arm – which includes a new base in India, designed to service the Asian market. The recent launch of Birch Chemicals India includes a facility in Maharashtra (a state…
Semperit invests EUR110 mn in Czech hose facility
Alongside ongoing M&A activities, the Austrian publicly listed Semperit Group has set out its plan to boost organic growth at its huge hose factory in Odry in the Czech Republic. A total of EUR110 million will be invested into extending…
Bridgestone to close aircraft retread tyre plant in Hong Kong
As part of its restructuring efforts for aircraft retread tyres assets, Japanese tyre maker Bridgestone will close a factory in Hong Kong and relocate capacity to Thailand. The aircraft tyre retread plant will close its doors for the last time at the end…
Glove makers reeling from post-pandemic downturn
Malaysian rubber glove makers are facing tough and challenging times as witnessed by the recent “underweight” rating on the glove sector by Hong Leong Investment Bank (HLIB) Research, which also says that the aggressive expansions made by glove makers during the pandemic…
EU safety regulation requires TPMS on truck/bus tyres
Under the new European vehicle general safety regulation, which came into force early July, truck and bus tyres are legally required to have tyre pressure monitoring systems (TPMS). The regulation introduces a range of mandatory advanced driver assistant systems to…