Category: Pan-Asia

South and East Asia rubber news

Bridgestone to invest US$85 mn in Indian car tyre plants

Bridgestone India Private Ltd. (BSID), a subsidiary of Bridgestone Corporation (Bridgestone), recently announced a strategic growth investment to expand capacity and capability in India. The investment will be directed to the Bridgestone Pune Plant and the Indore Plant to reinforce the…

Freudenberg moves sealing plants to new location in India

Germany-based sealing firm Freudenberg Group recently inaugurated two advanced manufacturing facilities in Morinda, Punjab, India, covering a total built-up area of 40,700 sq m. These plants are operated by Freudenberg-NOK India Pvt. Ltd. (FNI) and Vibracoustic India. The strategic move…

Sailun to build US$110 mn industrial park in Cambodia

Chinese tyre manufacturer Sailun has announced it is building an industrial park in Cambodia called the “Cambodia Kampot Special Economic Zone Project”, according to a report in the Khmer Times. Furthermore, Sailun said that it is preparing to set up…

Lotte to liquidate PBR jv in Malaysia

South Korean petrochemical firm Lotte Chemical Corp. says it plans to liquidate its rubber joint venture in Malaysia to scale back its basic chemicals business while selling stakes in its overseas units to raise nearly US$1 billion to cut debt. Lotte Chemical has…

Gravita India acquires rubber recycling plant in Romania

Recycling firm Gravita India Limited has announced that its subsidiary, Gravita Netherlands BV (GNBV), has signed a Memorandum of Understanding (MOU) to acquire a waste tyre recycling plant in Romania. This facility, with a capacity of around 17,000 tonnes/year, will…