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…
Category: Pan-Asia
South and East Asia rubber news
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…
India’s NR output drop a cause for concern
India’s output of natural rubber (NR) dropped to a six-year low of 1.26 lakh tonnes in the first quarter of 2018/19, with consumption at a high of 3.02 lakh tonnes. The production-consumption gap widened to 58% of consumption in Q1…
Yokohama’s joint research with Thai universities for future development of rubber
Tokyo-based Yokohama Rubber Co. says that the results of joint research projects conducted since 2013 with two universities in Thailand, a major producer of natural rubber, were recently presented at The International Polymer Conference of Thailand 2018 (PCT-8). The joint…
Huf Group and Baolong plan jv for tyre pressure monitoring systems
Family-run Huf Group from Velbert, Germany, and Chinese automotive supplier Baolong from Shanghai are to tie-up to establish a joint venture in the field of tyre pressure monitoring systems (TPMS). The aim is to accelerate growth through joint activities in the areas of…
China imposes anti-dumping measures on NR from Japan and South Korea
China’s Ministry of Commerce has imposed temporary anti-dumping measures on nitrile rubber imported from South Korea and Japan from 16th July. The Ministry says it will collect deposits ranging between 12 and 37.3% on imports of the rubber from South…
US to impose fines on imports of rubber bands from China
The US Commerce Department says that rubber bands imported from China will be subject to hefty state subsidies. Meanwhile, a similar investigation into the same products from Thailand resulted in a leaner fine. Imports of rubber bands from China were…