Members of the Global Platform for Sustainable Natural Rubber (GPSNR), who represent 55% of the rubber value chain, convened their annual General Assembly recently, where they defined and charted out a path for a concept they call shared responsibility. This concept…
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Seng Fong’s IPO debut on main market to target RM70 mn
Seng Fong Holdings Berhad, a rubber processor producing and trading Standard Malaysia Rubber and premium grade block rubber, made a successful debut on the Main Market of Bursa Securities Malaysia Berhad, opening at RM0.75 per share with an opening volume…
Seng Fong to be listed on Malaysian market
Malaysian rubber processor Seng Fong Holdings Berhad, which is also trading Standard Malaysia Rubber (SMR) and premium grade block rubber, says that it has entered into an underwriting agreement with Hong Leong Investment Bank Berhad (HLIB) for its upcoming initial…
BKT’s Bhuj site rolls out agri tyres
Indian tyre maker Balkrishna Industries Limited (BKT) recently rolled out its first radial tyres for the agriculture sector, having expanded the production at its Bhuj production site to meet increasing demand worldwide for the sector. BKT adds that it has invested around EUR95 million to…
MRP broadens European footprint with Primasil Silicones acquisition
Minnesota Rubber and Plastics (MRP), a leading source of highly engineered elastomer and thermoplastic solutions for the medical, water, and specialty industrial end markets, has acquired Primasil Silicones Ltd (Primasil), a UK-based custom silicone rubber compounder that offers a wide…
Enviro receives order for rCB from European tyre manufacturer
Tyre recycler Scandinavian Enviro Systems has received an order for 60 tonnes of recovered carbon black from a major European tyre manufacturer in the premium segment. The tyre manufacturer will use the carbon black for production tests as a step in…
Thai rubber output climbs 1.8% in 2022
According to the Rubber Authority of Thailand (RAOT), Thailand, a major global rubber producer, is expecting to produce 4.9 million tonnes of natural rubber in 2022, up 1.82% from a year earlier. As per Athiwee Dangkanit, Director of Rubber Economy…
Liberty Tire Recycling opens North Carolina plant for rubberised mulch
This February, a North American tyre recycling service provider opened a new manufacturing facility in Sanford to produce rubberised mulch, a sustainable and resilient alternative to traditional mulch made from recycled scrap tyres. Liberty Tire, a Pittsburgh-headquartered tyre recycling service…
Bolder purchases Pyrolyx facility in US
US-based Bolder Industries, a pioneer of advanced sustainable chemical manufacturing sourced from end-of-life tyres, has purchased the former Pyrolyx facility in Terre Haute, Indiana. The 66,000-sq-ft location, which ceased operations in March 2020, will be retrofitted with Bolder Industries’ proprietary…
Bridgetstone, Michelin to jointly discuss rCB role in sustainability
An estimated 1 billion tyres around the world reach the end of their useful service life every year. Thus, tyre companies Bridgestone Corporation and Michelin Group will deliver a shared perspective regarding material circularity and the ambition to increase the…