Chinese tyre maker Shangdong Linglong Tyre Co. Ltd. will be building a new manufacturing facility in Hemaraj Eastern Seaboard Industrial Estate, Rayong Province, Thailand.
Category: Investments
Merge offer may put rubber gloves back on investors sight
As Semperit AG Holdings merges with Latexx Partners Bhd, analysts said that this will cause the rubber gloves industry to becoming more interesting to interesting.
Apollo Tyres seeks approval of shareholders to raise US$ 150 million
Apollo Tyres raising a fund worth US$ 150 million to support the company’s plan for expansion in India and overseas.
Govind Rubber to establish tyre and bicycle mfg. company in Gujarat
Govind Rubber Ltd. is setting up a new tyre and bicycle manufacturing firm in Dahej, Gurajat with a budget of Rs 750 crore.
Sumitomo rubber to open 7 plants by 2020
SUMITOMO Rubber Industries has announced that it will boost its tyre production in developing countries as part of its long-term plans. Seven plants will be built across Turkey, Russia and developing nations in Africa, giving the company a total of…
RISDA to expand in Myanmar and Laos
ALOR GAJAH – Rubber Industry Smallholders Development Authority (Risda) is expanding its investment by developing rubber plantations in Myanmar and Laos. Risda Chairman Tan Sri Rahim Tamby Chik said the two countries were chosen as they have ample landbank with…
Sumitomo’s new tyre plant in Turkey
JAPANESE firm Sumitomo Rubber Industries has recently signed a deal with Petlas Lastik Sanayi ve Ticaret AS to build a US$ 516 million-worth tyre factory in the Central Anatolian province of Çank?r?, urkey. “The priority of our factory in Cankiri…
Titan issues share to fill for Titan Europe offer
Titan International, manufacturer of Titan and Goodyear farm tyre brands has issued stocks worth US$ 168 million to buy the 78.3 percent of Titan Europe’s stocks.
DuPont and Ansell Colludes
DuPont, a leading company for chemical and industrial products and Ansell, a leading manufacturer of gloves work together to produce more comfortable and durable gloves.
Sumitomo in jv; progresses with Thai facility
SINGAPOREAN tyre and wheel distributor Stamford Tyres has set up a joint venture with Japan-based Sumitomo Rubber Asia, a subsidiary of Sumitomo Rubber Industries, to form Falken Tyre India (FTI). The S$12.3 million joint venture firm will supply Falken tyres…