Manufacturer and technology company Continental AG (Continental) plans to invest more than US$4 million to expand its ContiTech Vibration Control business unitin DeKalb County, Indiana. Aside from increasing efficiencies in its anti-vibration systems at the 100-sq. ft. facility, Continental plans…
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LSR stretches its industrial footprint
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Medical: Flexible artificial muscles from liquid crystal elastomers
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Hartalega set to reimburse up to US$9 mn to migrant workers
Malaysian glove manufacturer Hartalega Holdings Bhd. (Hartalega) expects to reimburse up to RM40 million (US$9.54 million) in recruitment fees paid by migrant workers to third-party employment agents during recruitment. Hartalega is working with an external independent party to review the…
Continental and Aft set up jv for automotive solutions for hybrids/EVs
German technology company Continental and system supplier aft automotive are setting up a 50:50 joint venture to manufacture couplings made of high-performance plastics for the for the future of mobility. The two companies have already been jointly developing special couplings…
Yokohama India doubles capacity at Haryana plant after expansion
Yokohama India, a wholly-owned subsidiary of The Yokohama Rubber Co., Ltd. is to double capacity at one of its plants located in Bahadurgarh, Haryana, to 1.6 million tyres per year; the initial capacity was 0.7 million tyres manufactured per year.…
ANRPC: NR demand will see small rebound by October 2020
The Association of Natural Rubber Producing Countries (ANRPC) said natural rubber (NR) demand will likely increase driven by early, unexpected economy recovery in China and the US. China also has scaled up its outlook on the consumption of NR for…
Spanish Decree updated to recover/recycle more tyres, facilitate circular economy
A Spanish Royal Decree “that will accelerate the transition of the end-of-life tyre (ELT) sector towards a model of circular economy” has been approved by the Council of Ministers, on the proposal of the Ministry for the Ecological Transition and…
World Rubber Summit postponed to 2021
With the earlier announcement of the postponement of the World Rubber Summit (WRS) 2020, which was to be held in Abidjan, Côte d’Ivoire from 4-6 May 2020, Singapore-headquartered International Rubber Study Group (IRSG) has said that the event will be…
BHP, Novum Energy tyre recycling project to create new jobs in Australia
A new partnership between multinational mining company BHP and Novum Energy will see used earth moving tyres from all seven BHP Mitsubishi Alliance (BMA) and BHP Mitsui Coal (BMC) recycled into heavy and light oils, carbon black, syngas, and steel.…
Toyo Tires develops new tyre monitoring system for commercial, transport vehicles
Tyre manufacturer Toyo Tire & Rubber Company (Toyo) has developed a new artificial intelligence (AI) tyre monitoring system which detects multiple aspects of the tyre condition in real time. The system can also track various other data such as weather,…
Michelin lowballs 2020 free cash flow at less than initial US$1.7 billion
Cautious of the economic impact following COVID-19, French tyremaker Michelin has opted to cut their earnings targets – the company now expects its 2020 free cash flow will come in at more than 500 million euros (US$588 million), down from…