Category: Pan-Asia

South and East Asia rubber news

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…

Continental opens fourth expansion at China plant

Tyre firm Continental has celebrated the grand opening of the fourth expansion phase of its tyre plant in Hefei, China. With the extension of its solely tyre plant in the country Continental Tires will boost its annual production capacity to…