VIETNAM’s Da Nang Rubber Joint Stock Co has opened a 1.15 million sq ft radial truck tyre plant at Da Nang’s Lien Chieu Industrial Zone, with a yearly nameplate capacity of 600,000 units, and with jobs expected to reach 1,000…
Category: Investments
ContiTech preps Slovakian site expansion; opens R&D centre
GERMAN firm ContiTech AG has broken ground on the expansion of its plant in Dolné Vestenice, Slovakia. By building a new production hall, ContiTech Vibration Control, a business unit of ContiTech AG, is enlarging the existing production area by around…
Yokohama starts design for West Point plant
YOKOHAMA Rubber Co. Ltd has chosen US-based Kajima Associates/Architects & Engineers to design the first phase of the 931,000 sq ft West Point tyre plant. The project, assumed to cost US$300 million, will include production, warehousing and operations facilities for…
Sri Lanka grows rubber in new areas
Sri Lanka has expanded rubber cultivation into the non-traditional dryer regions of the island’s Eastern and Northern regions with the crop showing high yields in several pilot projects, according to Gamini Seneviratne, Director, Rubber Research Institute of Sri Lanka, a…
Asia Carbon starts up carbon fibre plant
US traded, China-based Asia Carbon Industries has completed its speciality carbon black production facility. CEO Guoyun Yao commented, “We are very pleased to announce the completion of the construction of speciality carbon black production facility. This represents an important step…
Toyo to expand SUV tyre production in US
JAPAN-headquartered Toyo Tire & Rubber Co. , a supplier Toyota Motor , is planning to expand its US production. The move is said to be part of its plan to channel more investments on products that can give more profits,…
Tokai completes buy-out of Produflex
JAPANESE firm Tokai Rubber Industries (TRI), Ltd has completed the purchase of all the outstanding quotas of Brazil-based Produflex Minas Indústria de Borrachas Ltda. This is the second acquisition of automotive anti-vibration rubber manufacturers by TRI after the acquisition of…
FELDA starts NR processing plant in Myanmar
AGRICULTURAL and agri-commodities company, Felda Global Ventures Holdings Bhd (FGV) is expecting to start operations at its natural rubber (NR) processing plant in Myanmar this year. A memorandum of understanding (MoU) signed between FGV and Myanmar’s Pho La Min Trading…
ContiTech takes over Legg
CONTITECH Conveyor Belt Group acquires Kansas-based conveyor belt manufacturer Legg Company Inc., as part of its expansion move in the North America. Legg focuses production of conveyor belts for industrial applications , such as in cement plants, paper mills, and…
BASF upgrades phenolic resin facility in Verbund
SPECIALITY chemicals firm BASF is increasing by 50% its production capacity of Kerosin, a branded phenolic resin used as a tackifier for tyre manufacturing, at Ludwigshafen, Verbund in Germany. The company has been producing Koresin from acetylene and t-butylphenol at…