Halcyon Agri Corporation Limited, one of the world’s largest natural rubber supply chain managers, has entered into an agreement with RCMA Group Pte Ltd to acquire the assets and entities of its Polymer Division for up to US$33.8 million. The…
TOP STORY
Tyres: Space’s the limit for rubber tyres
Innovative rubber tyres are entering the era of space missions: as a catalyst ...
Medical: Flexible artificial muscles from liquid crystal elastomers
In Canada, an international team led by researchers at the University of Waterloo ...
Tyres: Tyre makers take the wheel to turn the sustainability corner
From landfill to factory, the tyre sector is expanding the circular use of ...
LSR: Silcotech and Momtech partner for baby bottle
Anyone who has ever fed a baby can tell you it’s not necessarily ...
Tyre Sector: Asian tyre sector to amble along with US tariff imposition
The higher than expected trade tariffs imposed by the US may shake up ...
Driverless cars set for UK budget boost: finance ministry
British finance minister Philip Hammond’s budget statement this week will include measures to encourage the development of driverless and electric cars, artificial intelligence and telecommunications, the finance ministry said. Hammond is under pressure to turn around the fortunes of Prime…
Continental starts construction of “Taraxagum Lab Anklam” research and test laboratory
Continental Reifen Deutschland GmbH today marked the start of construction of its “Taraxagum Lab Anklam” research and test laboratory in Mecklenburg-Western Pomerania with a traditional ground-breaking ceremony. Among those present were the Minister of Economics of the State of Mecklenburg-Western Pomerania, Harry…
Semperit and Shaw Almex to end cooperation agreement for the North American conveyor belt market
Sempertrans USA LLC and Shaw Almex Industries Ltd. Has agreed to end their cooperation agreement for the North American conveyor belt market which was started in 2016. Sempertrans USA has set up a sales and distribution organization for conveyor belts…
Goodyear completes purchase of Ventech Systems
The Goodyear Tire & Rubber Company has successfully completed the previously announced acquisition of Ventech Systems GmbH, a leader in automated tyre inspection technology, from Grenzebach Maschinenbau GmbH to support its fleet services in Europe and other geographies of the…
Bridgestone creates new mining solution business base in Australia
Bridgestone Earth mover Tyres Pty. Ltd. (BSEM), a subsidiary in Australia that sells and provides services related to tyres for mining vehicles and conveyor belts, has established a new mining solution base in the Pilbara region of Western Australia. The…
U.S. rejects Ford petition to delay recall of three million vehicles
The U.S. National Highway Traffic Safety Administration has rejected a petition by Ford Motor Co to delay recalling about 3 million vehicles with potentially defective air bag inflators to conduct additional testing. The agency said it did not find the…
Volkswagen to invest US$27 billion in core brand until 2022
German automaker Volkswagen will invest EUR22.8 billion (US$26.9 billion) in its main car brand over the next five years. Most of that sum, around EUR14 billion, will be spent in Germany, Volkswagen said, adding that one of the key measures…
Volkswagen taps Brazil growth; releases Virtus model
Volkswagen launched its new Virtus model on Thursday to tap Brazil’s highest-volume segment. The launch is part of a recovery plan that analysts said will help it regain ground on rivals General Motors and Fiat in South America’s largest car…
Toyota considering selling locally developed EVs in China
Toyota Motor is considering selling its locally designed and manufactured all-electric vehicle models in China, as it looks to expand its EV lineup and comply with Beijing’s upcoming new-energy vehicle (NEV) production and sales quotas. China has set strict quotas…