Shares of tyre manufacturers have rallied by up to 10% in otherwise subdued market on hopes of higher margins due to falling rubber prices. Ceat, MRF, J K Tyre, TVS Srichakra, Apollo Tyres, Goodyear India, Falcon Tyres and Dunlop India…
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Davao IPs ventures into rubber-based farming
Indigenous Peoples (IPs) of the Manobo-Matigsalug tribe in Sitio Maluan, Marilog District in Davao City are now into rubber-based farming system (RBFS). This was done through a BAR-funded project initiated by the Southern Mindanao Integrated Agricultural Research Center (SMIARC) of…
German cartel clears Continental’s takeover of US rubber firm
The German cartel office has cleared Continental A.G.’s acquisition of Veyance Technologies Inc. The office said that “despite Continental’s high market share and a reduction in the number of suppliers down to three from four, the Federal Cartel Authority sees…
Schwalbe launches Procore dual-chamber tyres
Back in February, we heard about a prototype Schwalbe mountain bike tyre system that used a dual-chamber setup to both increase traction and minimize flats. The design has since been refined, and the commercial version of the product was officially…
Evonik expanding speciality silica capacity in Japan; global capacity up by 30%
German chemicals firm Evonik Industries is expanding its speciality silica capacity in Ako, Japan, through a holding in DSL Japan. Evonik holds 51% shareholding in DSL, a joint venture with the Japanese Shionogi & Co. Ltd. The expansion, with an…
Thai military gov’t trades 200,000 tonnes of rubber stockpile
Thailand military government has sold half of the country’s 200,000 tonne rubber stockpile to a Thai rubber exporter and aims to sell the rest by the end of September, a senior government official said on Wednesday.”We have signed a contract…
Accella gains Zeus Tyrefill
Accella Performance Materials, Inc., a leading manufacturer of polyurethanes, plastisols and recycled rubber products, today announced the acquisition of Zeus Tyrefill Systems GmbH (“Zeus”), a leading manufacturer of tyre fill systems and flatproofing solutions for heavy duty industrial and “off…
Apollo announces unaudited results for the 1st quarter
The board of directors of Apollo Tyres Ltd. approved the company’s unaudited results for the 1st quarter of the financial year 2014-1 percent% per share (0.75 per equity share), for the year ended March 31, 2014. For the quarter ended…
Kraton reports financial development for Q2
Kraton Performance Polymers, Inc. announces financial results for the quarter ended June 30, 2014. Second quarter 2014 sales revenue was $323.8 million on sales volume of 78.4 kilotons, down $10.8 million compared to sales revenue of $334.5 million in the…
Lanxess develops DIY stickers using Levamelt synthetic rubber
Print out your best vacation snaps, stick them on the cupboard – and then peel them off again without a trace after your next trip… It really works! Using the new self-adhesive Tacklite Stick&Go 4.0 photo-print media from Nopar International…