The Milan-based bank will present a new business plan to focus on its banking business and break with years of meddling in Italy’s top corporate developments.
Category: Top News
Indian rubber exporters subject to US anti-piracy law
As per the law, “the US buyers/importers are prevented from buying any product manufactured out of pirated versions of software or hardware used anywhere in its systems.
Thailand to create fund for stabilising rubber price
The fund can procure 50,000 tonnes of rubber, which reports say is enough to sustain rubber price.
Lanxess to increase prices for rubber chemicals
The price increases, which are needed to offset higher production costs, will impact the Vulkanox (antidegradant) and Vulkacit (accelerator) product groups.
India imports rubber to offset tight supply
WITH tight natural rubber supply in the domestic market, the Indian tyre industry is forced to import the material despite the high costs due to falling rupee .
Sri Lanka to increase natural rubber output
About 17,000 hectares of new rubber plantations have covered the districts of Moneragala and Ampara, and more areas in Hambantota, Mullativu, Vavuniya and Kilinochchi will also be planted with rubber.
Radial tyres to spur further Lanxess’s growth in Asia
There is a growing trend towards the use of radial or tubeless tyers for buses and trucks in China and India, according to Lanxess, in lieu of the recent opening of its largest single investment butyl facility in Jurong island, Singapore.
Indian Rubber Board chief still heads the IRSG
India Rubber Board chair, Sheela Thomas is taking charge as the head of IRSG, a decision unanimously made at the meeting of the heads of delegations, held in Singapore on 21 May.
Organisation pushes for a sustainable natural rubber project
As the world increases momentum towards sustainability and corporate social responsibility, the rubber industry value chain is rapidly focusing its attention onto the application of sustainability principles and the global supply chain in terms of resource efficiency/purchase of raw materials.
Continental appoints new management in China, its fastest growth market
The firm recently appointed Ralf Cramer as President of the company’s organisation in China – a former Continental’s executive board member since August 2009 and head of the Chassis & Safety division since December 2007