AFTER realising huge sales from Asia, Engel Austria will continue this growth by doubling the capacity of its large-scale machine works in Shanghai. Engel has invested EUR 12 million in the extension of the Shanghai plant. The injection moulding machine…
Category: Pan-Asia
South and East Asia rubber news
BASF India to set up new chemical production site
BASF India will build a new chemical production site at the Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR), located on the west coast of India in Gujarat. The investment is estimated at EUR150 million. To be an integrated hub…
Yokohama to build plant in India
Yokohama Rubber will construct a new plant in the state of Haryana adjacent to Delhi, India. The plant is scheduled to operate in mid-2014 with an annual production capacity of 700,000 tyres for passenger vehicles. Construction of the new plant…
Teijin to open R&D centre in China
TEIJIN Ltd announced plans for a textile R&D centre in China. The facility will be built on the premises of its factory in Nantong, Jiangsu Province. Construction of the facility will total US$24 billion, with operations expected to start in…
Evonik builds new Hydrogen Peroxide Plant in Jilin
EVONIK Industries has just held the groundbreaking ceremony for its new hydrogen peroxide plant in China. Scheduled to go online at the end of 2013, the plant will have a production capacity of 230,000 metric tonnes per year. This additional…
Malaysian NR production fell in February
FEBRUARY marks the lowest for Malaysia; natural rubber produced was at 88,077 tonnes, a drop of 3,503 tonnes compared with the same month in 2011. The figure was up by 2,918 tonnes on the January figure. Exports reached 64,052 tonnes…
Triangle Group calls for more ‘green’ technologies
IN a keynote speech at an auto and tyre industry summit in Beijing, Triangle Group’s president, Ding Yuhua called for more “green” technologies in China, especially in the tire industry. He pledged that the group will follow the trend by…
Shandong’s tyre exports jumped 54% in 2011
EXPORTS of tyres from the Shandong region increased in value by 54%, to US$7,834 million in 2011, according to a local official. President of the Shandong Provincial Rubber Industry Association, Zhang Hongmin said this trend was much better than the…
World Rubber Summit to be held in Singapore
MICHELIN, Bridgestone, Volkswagen and among others will be the leading figures for this upcoming World Rubber Summit to be held at the Raffles City Convention Centre this May 24, 2012. Invited presenters will be addressing concerns on the outlook and…
Grim outlook for tyre makers in China
IN China, rubber prices went unstable down from US$4,125 per tonne in mid-February up to US$6,823 per tonne. This has caused net profits to dip by as much as 23.54%, according to the latest release from listed tyre companies including…