A priest in India has developed a new high-yielding rubber variety which provides double the yield. Father Thomas who hails from Cheenikkuzhi at Udumbannoor in Thodupuzha developed it after more than three decades of continuous experiment. This is great news…
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Medical: Flexible artificial muscles from liquid crystal elastomers
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Mudajaya clinches multi-million deal to build tower
Malaysian company Mudajaya Group Bhd has successfully snapped up a contract to build the 16-storey Hevea Tower in Sungai Buloh. The tower is expected to be the headquarter of the Malaysian Rubber Board. The amount of the contract is RM118.6…
MIDA wants more companies to set up R&D centres
The Malaysian Investment Development Authority (MIDA) is urging Malaysian companies to set up research and development (R&D) centres to produce high-value products, which in turn would lead to high-value investments. Chief Executive Officer, Datuk Azman Mahmud said, the centres would…
RISDA requests additional RM22 million for replanting project
The Rubber Industry Smallholders Development Authority (RISDA) is requesting an additional allocation of RM22 million from the government for a replanting project involving 3,400 hectares of land. Minister of Rural and Regional Development Datuk Seri Ismail Sabri Yaakob said the…
Indorama Ventures completes purchase of DuraFiber Technologies
Global chemical manufacturer Indorama Ventures Public Company Limited (IVL) has completed its purchase of DuraFiber Technologies México Operations, S. A. DE C. V. (Durafiber). Durafiber is a leading Mexican producer of durable technical textiles for industrial, tyre reinforcement, and specialty…
Wacker launches new representative office in Myanmar
Chemical company Wacker has extended its Southeast Asian presence by opening a new representative office in Yangon, Myanmar. The Munich-based company said the office will distribute products of the chemical business divisions Wacker Silicones, Wacker Polymers and Wacker Biosolutions to…
HF Mixing Group expands Mixing Room Solutions capabilities, acquires Mesabi Control Engineering
HF Mixing group has announced that it is expanding its Mixing Room capabilities. This is done through strategic co-operation with B&K Wäge- & Anlagentechnik GmbH, Germany with a focus on weighing, storage, feeding, dosing of raw materials and liquids that…
Toyo Tires planning to expand its tyre production facilities in the US and Malaysia
Toyo Tire & Rubber Co., Ltd. Is gearing up to expand its tyre production facilities in the US and Malaysia in a bid for continued growth beyond 2020. The North American facility is located in the state of Georgia and…
Synthomer acquires BASF Austrian SBR business and assets
Specialty chemicals company Synthomer has acquired BASF Austrian SBR business and assets (“the business”) for EUR30 million. The Business produces Styrene Butadiene Rubber (“SBR”) used in the paper industry, notably in packaging end-markets. It operates from one site in Pischelsdorf,…
Pirelli all set for re-listing on Milan exchange
Italian tyre maker Pirelli will price its initial public share offering (IPO) at EUR6.50 per share, offering up to 40% of its shares, or 350 million shares. It expects to raise between EUR2.27 to 2.6 billion, depending on whether an…