Category: Uncategorized

Toyoda Gosei to merge Indian production subsidiaries

Japan-based automotive parts manufacturer Toyoda Gosei (TG) will reorganise its production subsidiaries in India for “TG One India” – the company is looking to optimise its production network in the country and also intends to develop a more flexible supply…

Trinseo evaluates sale of SM/PBR assets in Germany

Trinseo, a manufacturer of plastics, latex binders, and synthetic rubber, says that it is looking at disposing its styrene monomer assets in Boehlen, Germany, and its polybutadiene rubber (nickel and neodymium-PBR) assets in Schkopau, Germany. The combined Adjusted EBITDA of…

Rubber demand globally on a downward trend in 2020

According to the Malaysia-headquartered Association of Natural Rubber Producing Countries (ANRPC)’s March report, the world consumption of natural rubber (NR) fell 19.6%, year-on-year, during the first quarter of 2020, as per the preliminary estimates and forecasts of individual countries. The…

Hartalega buys more land in Malaysia for factory expansion

Malaysian glove manufacturer Hartalega Holdings’ (Hartalega) business unit based in Sepang, Hartalega NGC, will purchase 38.49 hectares of land in Selangor, Malaysia, for RM263.1 million – from property investor Bonus Essential – to meet the increasing global demand for gloves…