Balkrishna Industries Limited (BKT) announced the USD100 million construction project of a new US production site that would cater to the entire American region. The facility will be the multinational group’s first manufacturing site outside of India. Europe is currently…
Cooper Standard to divest AVS business to Continental
Michigan-headquartered global supplier of systems and components for the automotive industry, Cooper Standard,is divesting its anti-vibration systems (AVS) business to Continental AG. Continental AG will purchase substantially all of Cooper Standard’s anti-vibration business in France and its respective interest in…
Mitsubishi adds stakes in Toyo Tire, increasing share holding to 20%
Mitsubishi Corporation (MC), Japan’s largest trading company, has approved the purchase of an additional stake in Toyo Tire & Rubber Co, LTD (Toyo), Hyogo-headquartered tyre maker, for 50.9 billion yen via subscription to a private placement of shares and has…
Industry leaders form platform for sustainable rubber
Natural rubber stakeholders gathered for the ceremonial launch of the Global Platform for Sustainable Natural Rubber (GPSNR). The independent platform aims to improve socio-economic and environmental performance of the natural rubber value chain. Stakeholders included tyre manufacturer, other rubber users,…
Voronezh tyre factory set to expand
Rostec and Pirelli Tyre Russia have signed an agreement to expand production capacity of the Voronezh tyre factory. The production volume double from 2 million to 4 million units per year, in accordance with increasing growth in Russian and international…
Relief package put together for rubber industry loss in Kerala floods
The Indian Rubber Board has submitted a US$33.5 million relief package to compensate for the devastating Kerala flood losses caused to the sector. According to D Anandan, chairman and secretary of the board, the damages are in the form of…
Industry leaders form platform for sustainable rubber
Natural rubber stakeholders gathered for the ceremonial launch of the Global Platform for Sustainable Natural Rubber (GPSNR). The independent platform aims to improve socio-economic and environmental performance of the natural rubber value chain. Stakeholders included tyre manufacturer, other rubber users,…
Self-lubricated condoms developed for comfort and functionality
Scientists have created self-lubricating latex condoms that become slippery on contact. The researching team, supported by the Bill and Melinda Gates Foundation, designed a special, durable coating that should last throughout intercourse.They hope it will make condoms more appealing to…
Michelin announces expansions on Candian site
Michelin North America reported two new projects at its site in Michelin Pictou County. Operations on a new Michelin winter tyre line, as well as the North American launch of an innovative process for semi-finished materials, is set to begin…
Cambodian rubber exports surge as the price of rubber drops
Cambodian rubber exports increased 22% during the first nine months of the year, compared to the same period last year, according to the Ministry of Agriculture. Local producers exported 140,303 tonnes of rubber during the period, an increase of 25,240…







