Category: Industry News

Lotte to liquidate PBR jv in Malaysia

South Korean petrochemical firm Lotte Chemical Corp. says it plans to liquidate its rubber joint venture in Malaysia to scale back its basic chemicals business while selling stakes in its overseas units to raise nearly US$1 billion to cut debt. Lotte Chemical has…

Calamities may dampen NR supply – ANRPC report

Global natural rubber (NR) production rose by 3.2% in the first nine months of the year, reaching 9.9 million tonnes, while global demand saw a more modest increase of 1.4%, reaching 11.3 million tonnes over the same period. However, the…

Pirelli unveils first FSC-certified bike tyres

Italian tyremaker Pirelli has introduced the P Zero Race TLR RS, the cycling industry’s first tyre featuring FSC-certified natural rubber, sourced responsibly to preserve biodiversity and support local communities. Manufactured at Pirelli’s updated Milan-Bollate plant, this tubeless-ready tyre represents a…

Toyoda Gosei increases rubber recycling capacity

Toyoda Gosei Co., Ltd, a global supplier of automotive parts using rubber and plastics technology,  is doubling rubber recycling capacity at its Morimachi Plant in central Japan to boost recycling of automotive rubber. While recycling steel and plastic in the auto industry…