Category: Uncategorized

Thai government to sell rubber stocks

Thailand will sell its large stock of natural rubber “as soon as possible” before the peak production season, the government said according to the Bangkok Post. “As there is no rubber output in the market at this time it is…

Ceat Ltd reports revenue growth

In spite of subdued single-digit revenue growth, Ceat Ltd posted decent results for the March quarter, in line with expectations on the Street. Lower raw material price and a dip in interest outgo helped clock net profit of Rs.69 crore,…

Top Glove’s shares expected to increase

Top Glove Corporation Bhd’s weaker than expected sales volume growth is seen to have been largely priced in by the market and RHB Research has upgraded it to “buy” call from “neutral”, with an unchanged target price of RM5.67. The…

Versalis plans to extend EPDM rubber plant

Italian chemical producer Versalis is expanding capacity for EPDM rubber at its plant in Ferarra. When the expansion is completed in the second half of 2016, the subsidiary of oil and petrochemicals group Eni said fourth production unit will bring…

Goodyear reveals new mixed-service tyres

The G731 MSA and G751 MSA mixed-service tires will be launched in Canada this summer in several sizes, available with DuraSeal technology. DuraSeal features a gel-like rubber compound that’s built into the tire’s casing. When a tire’s tread is damaged,…