The tyre and rubber company will be building its first tyre plant in Russia with Mitsubishi holding a 10% stake in the joint venture.
Category: Top News
Bridgestone may use less rubber amidst weak US demand
The tyre maker slashes down its use of rubber by 2.6% this year though December as demand in the US will be slower than forecast, according to an analyst.
Indonesia mulls nixing export curb pact
The agreement of curbing rubber exports has since effected insignificant impact on global rubber prices.
Prevailing rubber price gaps hit the market
Experts said that the price gaps in the rubber market are currently too wide and volatile.
European tyres market hit low in 2013 Q1
Consumer tyres market was down by 12%,. according to ETRMA.
Eni/Versalis and Genomatica partner in bio-based butadiene
Italian firm Versalis (Eni) and US-based Genomatica are to jointly develop and license a technology for bio-based butadiene from non-food biomass, with Versalis providing US$20 million funding
Carbon black growth to be fuelled by demand from auto sector; Asia Pacific region
Global market volume for carbon black is to increase by more than 3.1 million tonnes until 2019, says German research consultancy Ceresana in its latest report on the industry sector.
Avian flu spurs glove sales
THE emergence of the bird flu virus strain, H7N9 in China has surged demand for examination gloves, benefiting the global rubber gloves industry, report said.
Indonesia to propose review of rubber supply management deal
The world’s second-biggest rubber producer, will be spearheading a review proposal of the supply management deal ,which is seemingly a poorly supervised mechanism, according to the Indonesian Rubber Association.
New market report reveals S-SBR to reach US$3.2 billion in 2018
Entitled, “Solution Styrene Butadiene Rubber (S-SBR) Market for Tire, Polymer Modification, Footwear & Others