Cooper Tire & Rubber Company recently reported full year 2017 net income of US$95 million, or diluted earnings per share of US$1.81, compared with US$248 million, or US$4.51 per share, last year. The 2017 results include US$68 million of discrete…
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APEJ regional market anticipated to dominate the global rubber processing chemicals market during 2017-2025
Rubber processing chemicals are regarded as a gathering to be specialty chemicals along with a noteworthy number of them are made by just one or two organizations. They help in enhancing the protection of rubber to oxidation, heat, daylight, ozone…
Toyo name change seen as a positive step
Toyo Tire & Rubber Co. Ltd. Recently changed its name to Toyo Tire Corp. It says this is to reflect the company’s increasing emphasis on “mobility” at its core field of business. Toyo said the change will help “further accelerate…
Cooper Tire to open new Mississippi distribution center
Cooper Tire & Rubber Company announced that it will expand its product distribution network in the United States with the opening of a new 1 million-square-foot warehouse in Byhalia, Miss. Cooper will lease the facility, which is currently under construction…
Malaysia introduces rubber paint, a first in the world
Watercolour, acrylic or oil paint. These are what usually come to mind when we are choosing a medium to paint with. Malaysia is now coming up with another painting medium called natural rubber-based paint, and it is a first in…
Vietnam ranks third in natural rubber production, export
Vietnam currently ranks third in the world in natural rubber production and export, according to the Vietnam Rubber Association. The association revealed that in 2017, the country earned US$2.3 billion from export of 1.4 million tonnes of natural rubber, up…
Malaysia’s Supermax records 59% leap in Q2 profit to RM 36 million
Supermax Corp Bhd has announced a net profit of RM35.9 million for the second quarter ended Dec 31, 2017. This is up 59% year-on-year following stronger demand for gloves. .Revenue for the quarter stood at RM335.91mil, higher than the RM236.73mil made…
Price of natural rubber drops 5 % in India
Despite the tapping season coming to a close, the price of natural rubber prices in India has fallen nearly 5% due to weak demand. The price of rubber sheet came down to 123.50 per kg on Thursday from 129 a…
Rubber-based asphalt benefits 440,000 smallholders in Malaysia – Deputy Prime Minister
The use of cold mix asphalt (CMA) to build and surface roads will benefit about 440,000 rubber smallholders in Malaysia, says Deputy Prime Minister Ahmad Zahid Hamidi. He said the use of the rubber-based CMA would boost the consumption of…
Versalis/Bridgestone to partner for research into guayule
Versalis, Eni’s chemicals company and a major player in the polymers and elastomers industry, and Bridgestone Americas (Bridgestone), the leading global producer in the tyre industry, have signed a strategic partnership agreement to develop and deploy a comprehensive technology package…