Tokyo-headquartered tyre and rubber manufacturer Bridgestone has become the International Paralympic Committee’s (IPC) seventh Worldwide Paralympic Partner. Already a Worldwide Olympic Partner through to 2024, Bridgestone now has global rights to promote and support the Paralympic Movement over the same…
Category: Pan-Asia
South and East Asia rubber news
Kumho enters Pakistan’s market through tie up with Century
Under a deal touted as the first of its kind in the country, South Korea’s second largest tyre maker Kumho Tire Co has signed a ten-year technology transfer agreement with Pakistan’s Century Engineering, which is essentially involved in producing car…
India cracks down on China’s FKM imports; countervailing duty probe ongoing
India has initiated a countervailing duty probe into increased imports of fluoroelastomer (FKM), a fluorocarbon-based synthetic rubber from China, following a complaint from Gujarat Fluorochemicals (GFL), a part of the $3 billion INOX Group of Companies, and India’s largest producer…
Sharp dip in India’s natural rubber output
India is forecasting a decline in natural rubber output by 18 to 20% this year that will negatively impact the tyre industry, says ICRA Ltd., an investment information and credit rating agency. The floods in Kerala, due to unusually high…
Continental opens first 3D blow moulding plant for hoses in China
Technology firm Continental has opened a EUR10 million 3D blow moulding plant for hoses in Changshu, China. The new plant is Continental’s fourth production site featuring 3D blow moulding technology across the world, following previous plants in Germany, the US…
Zeon to set up Thai subsidiary for the production of acrylic rubber
Tokyo-headquartered Zeon Corporation will establish a new subsidiary in Thailand, Zeon Chemicals Asia, for acrylic rubber manufacture and sale. The subsidiary will be located in Rayong province, Thailand and will have a capital of US$38.13 million. Acrylic rubber (ACM) is…
Kerala floods to affect tyre companies; India’s rubber prices remain firm
Tyre stocks have been making the news in India after the floods in the southern state of Kerala. Shares of industry majors like Apollo Tyres, JK Tyre, MRF and Goodyear are down by 10% so far, according to analyst Moneycontrol…
Chandra Asri/Michelin jv synthetic rubber plant completed in Indonesia
Indonesia’s PT Chandra Asri Petrochemical and French tyre maker Michelin have completed construction at the new synthetic-rubber manufacturing site owned by the companies’ joint venture PT Synthetic Rubber Indonesia (SRI). The companies invested US$435 million into SRI. Michelin has a…
Apollo Tyres grapples with floods in Kerala
Following the devastating floods in the state of Kerala in India, which is the largest area in the country for rubber plantations, one of India’s biggest tyre maker, Apollo Tyres, has seen production operations disrupted in the company’s plants in…
Evonik and Chinese partner to build silicon compounding plant in China
Germany’s Evonik Industries and Jiangsu Zhongneng Polysilicon Technology Development Co. Ltd., a wholly owned subsidiary of GCL-Poly Energy Holdings Limited (GCL-Poly), have established a joint venture for the production of fumed silica and ultra-pure silicon tetrachloride in China. Evonik will…