Malaysian precision plastic injection mould manufacturer Sanichi Technology Bhd is diversifying into the rubber glove industry. To enable this, it has issued up to 1.42 billion renounceable rights issue, at an issue price of RM0.08 with up to 712.21 million free warrants…
Category: Industry News
KRC draws over RM2 bn investments; an ideal hub for med devices
Kedah Rubber City (KRC) , the first dedicated Rubber Industrial Park in Kedah, covering an area of 1,244 acres, is reported to have attracted over RM2.2 billion investments for advanced latex products development, production of feedstock, manufacturing, storage warehousing and logistics.…
Asahi Kasei R&D moves to new site in Europe; US medtech subsidiary acquires implantable device maker
Japanese chemical company, Asahi Kasei has recently relocated its Asahi Kasei Europe R&D Centre, originally sited at Chempark Dormagen, to Düsseldorf Harbour, Germany. By uniting European sales, marketing and R&D activities, the Japanese technology company further enhances its business approach…
Guizhou Tyre begins tyre production in Vietnam plant
Chinese tyremaker Guizhou Tyre ( formerly Guizhou Tyre Factory) has produced its first tyre at its Vietnam plant on 1 April. It will also start product testing and certification processes. Located in the industrial park of Long Giang in the province of Tien Giang, the factory would have a production capacity of 1.2 million/year units of tyres for…
Synthomer unveils new Asia Innovation Centre in Malaysia
Synthomer has recently launched its Asia Innovation Centre (AIC) at iPark near Senai Airport, Johor Bahru despite the pandemic. The 6,000+ sq m flagship facility that is now fully operational and ready to offer research and development services for Performance…
Shin-Etsu launches new website for silicone products for India
Japan-headquartered Shin-Etsu Chemical Co. Ltd. has recently opened a website for silicone products for the Indian market. The website has two key parts: silicone products and application examples, and company introductions. The website also has e-commerce functions. Silicone, a high-functional…
Toyoda Gosei invests in med device startup Genial Light; to construct new plant in Miyagi
Toyoda Gosei Co, Ltd, a manufacturer of plastics and rubber automotive components, safety systems, and LEDs invests in Genial Light Co, Ltd., a Japanese startup that develops testing equipment and other devices for medical institutions. Genial Light has worked with…
Hexpol acquires Unica; expected to strengthen grip on Spain, EU markets
Malmö-headquartered polymers company Hexpol is acquiring 100% of Unión de Industrias CA, SA. (Unica) from Espiga Capital, a Spanish based Private Equity firm for an estimated EUR48 million. Unica is a significant player in Rubber Compounds in Spain, supplying several…
Russian OG company Tatneft to produce crude rubber, road bitumen in Kazakhstan
Russian oil and gas company, Tatneft has signed an agreement to produce crude rubber and road bitumen in Kazakhstan for the Butadiene Project and the Agreement of Intent on the Implementation of the Road Bitumen Production Project. The signing took…
Guayule, a renewable resource for polyisoprene
Guayule is also found to be a potential source of natural polyisoprene (PI), according to a study led by Amandine Rousset ( Avignon University and GuaTecs), Ali Amor (CIRAD and CTTM), Serge Palu (CIRAD), Teerasak Punvichai (Prince of Songkla University), Sandrine Perino…