The 35th International Exhibition on Plastics and Rubber Industries (CHINAPLAS 2022), scheduled for April 25-28, 2022 at Shanghai’s National Exhibition and Convention Center, has been postponed. According to Adsale Exhibition Services Ltd, the exhibition’s organizer, new dates and other details…
Category: Industry News
Azelis acquires UK rubber additives distributor
Azelis, a provider of specialty chemicals and food ingredients, has acquired 100% of the shares of Whitfield Chemical Group, the ultimate parent company of WhitChem, a distributor focused on CASE (coatings, adhesives, sealants and elastomers) and R&PA (rubber & plastic…
ZC Rubber acquiring tyre maker in Tianjin
Zhongce Rubber Group Co. Ltd. (ZC Rubber), China’s largest tyre maker and ranked number nine in the list of the top 75 global tyre manufacturers, is acquiring Tianjin United Tire & Rubber International Co. (Tutric), the manufacturer of Tianli tyres, for about RMB1.3 billion. The deal is to be completed on 1 April.…
Synthos receives ISCC certification for its rubbers
Polish polymers company Synthos says that it has received ISCC Plus certification. This, it adds, reinforces the company’s commitment to providing customers with high-performance material solutions with a lower environmental footprint. ISCC Plus is part of the EU-approved International Sustainability…
Enviro sees interest in recovered materials as a result of Ukraine war
Since the Russian invasion of Ukraine in February, Scandinavian tyre recycler Enviro says it has noted a sharp increase of interest in purchasing the carbon black and oil that Enviro recovers from end-of-life tyres. The increased interest has been observed among old and new customers, but…
Synthomer sees profit boom during pandemic
Not all companies have fallen during the pandemic period as witnessed by UK-headquartered polymers company Synthomer which said its annual profit for 2021 more than doubled after sales of latex used for gloves skyrocketed during the pandemic. However, it cautioned that the…
Malaysia’s rubber sector enhances trade and enters new markets
As with the other member ASEAN states, Malaysia expects its economy to rebound in 2022 along with the recovery of the world economy. Economic and fiscal stimulus to support Malaysia’s economic expansion is among the country’s recovery strategies. Malaysia’s GDP…
Continental business up; Ukraine war may have lasting effect
Russia’s invasion of Ukraine has led German technology firm Continental to suspend its Russian tyre operations in Kaluga, and cut all imports to and exports from Russia. It said it could face “lasting consequences” to supply chains, production and demand from what it described as instability in Eastern Europe. Revenue…
New glove alliance to focus on rights of Malaysian glove workers
Newly-formed Responsible Glove Alliance (RGA) has been launched to help ensure the rights and dignity of workers vulnerable to forced labour in Malaysia’s rubber glove industry are consistently respected and promoted through responsible recruitment and employment practices. Currently, there are seven members in…
Top Glove profit plunges 53% in 2nd quarter
The world’s largest glove manufacturer, Malaysia-based Top Glove Corp Bhd’s net profit for the second quarter ended Feb 28, 2022 dropped by almost 53% to RM87 million from RM185 million in the previous quarter, while its revenue declined by 8%…