The mobile tyre servicing market will be changed through the launch of a new product, deemed to be environmentally friendly. Until now, a typical mobile tyre service unit had a minimum of five, perhaps even six different pieces of tyre…
Sibur going for an IPO worth up to US$3 bn
Russian petrochemical company Sibur is preparing for an initial public offering (IPO) potentially worth between US$2 billion and US$3 billion, said a Reuters report, adding that it may happen by the end of the year. Sibur, the largest petrochemical producer…
Continental to go ahead with changes; Powertrain to be spun off in part-IPO
Having announced one of the largest organisational changes in the company’s history earlier this month, https://rubberjournalasia.com/continental-to-realign-structure-spin-off-powertrain-and-possible-ipo-of-rubber-unit/, the Supervisory Board of automotive parts/tyres maker Continental has given the go ahead. With this approval, a new holding structure of Hanover-headquartered Continental will…
Ford sets up self-drive subsidiary; investment of US$4 bn
US automotive company Ford Motor Company has created Ford Autonomous Vehicles LLC, a new organisation charged with accelerating its self-driving business. It will include Ford’s self-driving systems integration, autonomous vehicle research and advanced engineering, AV transportation-as-a-service network development, user experience,…
Yokohama develops world’s first technology for biomass-isoprene
Japan’s Yokohama Rubber says that it has developed the world’s first technology capable of efficiently producing isoprene from a biomass. The new breakthrough is the result of joint research with Riken and Zeon Corporation. Isoprene is a raw material in…
Goodyear to study silica in space; to improve traction for tyres
Using space beyond Earth as the new frontier for development, US tyre company Goodyear Tire & Rubber Company plans to test tyre components in space as part of a project in the International Space Station (ISS) US National Laboratory, through…
Omsk Carbon to start up Belarus plant
Russian carbon black producer Omsk Carbon Group (OCG) is planning to start the first phase of its carbon black production plant in Mogilev, Belarus, this year in September. The EUR95 million plant is being launched two years late as a…
Huf Group and Baolong plan jv for tyre pressure monitoring systems
Family-run Huf Group from Velbert, Germany, and Chinese automotive supplier Baolong from Shanghai are to tie-up to establish a joint venture in the field of tyre pressure monitoring systems (TPMS). The aim is to accelerate growth through joint activities in the areas of…
TARRC celebrates its 80th anniversary in the UK
The Tun Abdul Razak Research Centre (TARRC), the UK research and promotion centre of the Malaysian Rubber Board, recently held a ‘Gateway to the Malaysian Rubber Industry Open Day’ to celebrate its 80th Anniversary at its laboratories at Brickendonbury, Hertford.…
Malaysian rubber glove makers may benefit from US-China trade war
Malaysian research firm Affin Hwang Research says the country’s rubber glove manufacturers could benefit from the trade spat between the US and China, since tariffs are being imposed on rubber/plastic gloves from China. The research house notes that the gloves…








