South Koran tyre maker, Hankook Tire unveiled on 2 January its latest tyre innovation called “Transforming Tire” , the fourth output of “The Next Driving Lab” project that demonstrates its innovative commitment to future driving. The “Transforming Tire” transforms its…
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Malaysian Rubber Board loses RM800 mn from land sale
The Malaysian Rubber Board (MRB) is reported to have incurred losses estimated at RM800 million, following a land sale in Sungai Buloh. This was recently disclosed by Primary Industries Minister Teresa Kok Suh Sim, according to Bernama. She said the…
Top Glove to set up plant in Turkey; on expansion spree to boost capacity
Top Glove Corporation Bhd, the world’s largest manufacturer of rubber gloves, may expand its business in Turkey. According to founder Tan Sri Lim Wee Chai, the Malaysia-headquartered company has planned to establish a factory in Turkey, which imports 70% per…
Hutchinson acquires Midé Technology
France-based global leader in vibration control, fluid management and sealing system technologies, Hutchinson SA, is acquiring Midé Technology Corporation, an engineering company based in Medford, Minesotta, US. Midé Technology specialises in smart material technology and mechatronics. The acquisition is subject…
RDAbbott to distribute Arlanxeo’s HPE across US
California-headquartered full-service rubber supplier RDAbbott has signed a new distribution agreement with leading global synthetic rubber company, Arlanxeo to expand its distribution of Arlanxeo’s High Performance Elastomers (HPE) nationwide to the continental US. Prior to this revised distribution agreement, RDAbbott…
Avon Rubber’s RPE business secures US DoD US$92 mn supply contract
UK-headquartered Avon Rubber’s respiratory protective equipment (RPE) business, Avon Protection has been awarded a sole source contract to supply the US Department of Defence (DoD) with the M69 Joint Service Aircrew Mask for Strategic Aircraft, related accessories and engineering support. The…
Vietnam rubber export’s wins and losses in 2018
According to reports, quoting the Vietnam Rubber Association, Vietnam has shipped an estimated 1.6 million tonnes of rubber or over US$2 billion in 2018, up 14.5% in volume but down 6.1% year-on-year in value. In December, the country exported 190,000…
Rehau completes acquisition of Swiss rubber and polymers supplier
Rehau Verwaltungszentrale, a Swiss holding company of the Rehau Group, a leading systems and service provider for polymer-based solutions in the construction, automotive and industrial sectors has successfully completed the acquisition of MB Barter & Trading AG (MBT), a Swiss,…
Lanxess completes sale of Arlanxeo to Saudi Aramco
Cologne-based specialty chemicals company Lanxess has completed the sale of its remaining 50% interest in rubber company Arlanxeo to Saudi Aramco. All relevant antitrust authorities have granted the necessary approvals for the transaction announced in August 2018. Upon completion of…
Marangoni Tread North America to expand plant in Tennessee
Marangoni Tread North America, a full-service retread products supplier, is expanding its tread manufacturing plant in Tennessee, US to boost manufacturing capacity for current products, as well as that of a new line targeted for the second quarter of 2019.…