Affin Hwang Capital (Affin Hwang), a Malaysian-based investment banking group, has suggested that the weak demand for gloves from Malaysia was because of increased Chinese glove imports into the US, and highlighted a few challenges that has limited local glove…
In a bid to reduce its rubber business, Russia’s oil/gas firm Sibur is to sell to Russian oil company Tatneft its Togliatti-based petrochemical facilities. The assets include production facilities for various types of synthetic rubber used by Russian and global…
Poor global rubber prices,due to the US-China trade war, and a declining demand from Indian tyre manufacturers have driven down the value of natural rubber (NR) in India, with a further drop expected in the coming weeks. According to Indian…
German carbon black company Pyrolyx will delist in Germany by end-March 2020 and consolidate all share trading to the Australian Stock Exchange (ASX), since a majority of Pyrolyx’s shareholders are Australian. However, the corporate structure of the company will not…
The global tyre machinery market covers numerous equipment for making radial/bias tyres for various commercial and industrial vehicles – the segment is projected for a global expansion at a CAGR of 4%, or some US$880 million, by 2027. Many factors…
Tyre and rubber company Bridgestone Corporation (Bridgestone) has announced several restructuring efforts and leadership changes as it upgrades/cultivates its global management structure/corporate culture. The changes will take effect on September 16, 2019, streamlining the company’s global roles and facilitating their…
High demand for medical gloves has prompted Japan’s Tosoh Corporation (Tosoh) to increase production capacity for its chloroprene rubber (CR), marketed as Skyprene. Part of chemical manufacturer Tosoh’s Specialty products, its CR is produced at its Nanyo Complex in Yamaguchi…
UK-based Maclellan Rubber has recently expanded the colour options on its food-grade rubber moulded sheets, to enable full traceability and track usage across different sections of food production. Including colours of red, blue, green, and yellow, the rubber sheets have…
Also, download this story from the electronic issue here Processing of scrap tyres as viable source of energy, fuel, and materials for key applications is gaining traction in the rubber industry, says Angelica Buan in this report. Annually, more than 1.5…
Japan’s Toyo Tire (Toyo) is to again expand its 13-year-old North American tyre plant in rural Bartow County, Georgia. The company will invest some US$65 million for the project, which will involve installing new manufacturing equipment to boost the annual…