According to the Intelligence Market Report of the ANRPC (Association of Natural Rubber Producing Countries) for 1 July-15 July, latex prices in the Kuala Lumpur local market fell 5.7% between 30 June and 15 July because of, among a number…
Category: Industry News
ICD rebrands with new name; leverages innovative silicone chemistries
ICD, a US-headquartered water-based coatings manufacturer will begin operating under a new name – ICD High Performance Coatings + Chemistries. According to its CEO and President Kris Vockler, the rebrand strategy represents not only a name change but its “vision…
Allow glove factories to operate under EMCO – MARGMA
The Malaysian Rubber Glove Manufacturers Association (MARGMA) is reportedly urging the Government to permit glove factories, specifically in Selangor, to operate under the Enhanced Movement Control Order (EMCO). It has emphasised the necessity of gloves in curbing Covid-19 and transmission…
Hextar expands specialty chem business with Nobel Group acquisition
Malaysia-headquartered agrochemical company Hextar Global Bhd is acquiring Nobel Synthetic Polymer Sdn Bhd and Nobel Scientific Sdn Bhd – collectively known as Nobel Group- for RM105 million. The Nobel Group provides high performance, custom-made anti-tack rubber lubricants and coatings for…
Tyre, rubber org lobbies for rubber exclusion from EU deforestation law; civil groups hit exemption plea
The issue of deforestation is central to the proposed European Union (EU) legislation to protect the world’s forests and ecosystems. The EU, which according to a Greenpeace report, is “a major consumer and financier of products from global forest and…
Dow to increase capacities for silicones, PG and speciality materials
US chemical major Dow has announced a series of capacity expansions for its silicones, propylene glycol (PG) and specialty materialsunits to support growing demand across key end-markets, all of which, it adds, continue to grow faster than GDP. In PG, it is expanding its Thai facility to up…
Continental embarks on tyre, road wear particles research a supercomputer
German automotive parts manufacturer Continental, the University of Southern Denmark (SDU) and France-based École Normale Supérieure de Lyon have received a grant worth 43 million core hours of supercomputer time for their joint basic research project, which aims to drive…
MRP acquires custom rubber products producer Pawling
Quadion/Minnesota Rubber and Plastics (MRP), a US-headquartered company engaged in material compound development, engineering, design, and manufacturing of custom elastomeric and thermoplastic components and assemblies has acquired Pawling Engineered Products, a Pawling, New York-based custom rubber products manufacturer. MRP, which…
ExxonMobil signs deal for sale of global Santoprene business to Celanese
US-headquartered ExxonMobil Chemical Company has signed an agreement with Celanese for the sale of its global Santoprene business for US$1.15 billion. Sale includes two world—scale manufacturing sites in the US and UK. Related: ExxonMobil Singapore starts up butyl and hydrocarbon resin plants…
Eastman Chemical to sell-off tyre additives business
US-headquartered global specialty materials company, Eastman Chemical Company has entered into a definitive agreement with an affiliate of One Rock Capital Partners to sell the rubber additives, including its Crystex insoluble sulfur and Santoflex antidegradants, and other product lines and…