A new joint venture between major Japanese chemical company Sumitomo Chemical Co., Ltd. and Japanese chemicals manufacturer Zeon Corporation that consolidates that two companies’ solution styrene-butadiene rubber (S-SBR) business units will begin its operations on April 3, 2017. The two…
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Indian tyre firms looking to SE Asian producers for natural rubber supply
Tyre manufacturers in India are looking to Southeast Asian natural rubber producers for supply as demand for the commodity increases in the country amidst a slowdown in domestic production, according to industry officials. The country’s rubber industry is also expected to…
IEAT’s Rubber City in need of more skilled workers
Rubber City, a rubber industrial estate being developed by the Industrial Estate Authority of Thailand (IEAT), is teaming up with the country’s Labour Ministry to recruit skilled workers. The IEAT will also collaborate with educational institutes to produce skilled vocational…
Top Glove aims to improve performance despite expected market challenges
Malaysian rubber glove manufacturer Top Glove Corporation, the world’s largest rubber glove producer by volume, is aiming to improve its performance in the coming months despite the expected challenges in the market as higher input costs drag its fiscal second-quarter…
India’s RRII inaugurates international natural rubber clone museum
The Diamond Jubilee Block at the Rubber Research Institute of India (RRII), where the Advanced Centre for Molecular Biology & Biotechnology (ACMBB) is going to function, was recently inaugurated by Rita Teaotia, the secretary of the Department of Commerce in…
Apollo Tyres APMEA president Satish Sharma elected as ATMA chairman
Apollo Tyres’s Satish Sharma, president for Asia Pacific, Middle East & Africa (APMEA) unit, has been elected as the next chairman of tyre industry body Automotive Tyre Manufacturers Association (ATMA). Satish has held important portfolios in his two decades in…
Semperit, Sri Trang finalise demerging of almost all joint ventures
Austria-based industrial rubber and plastics manufacturer Semperit Group and Thai natural rubber company Sri Trang Agro-Industry Public Co Ltd. Group have finalised the demerging of almost all of their joint ventures as agreed upon earlier this year. Semperit takes over…
Yokohama expands commercial tyre business with Aichi Tire acquisition
Tokyo, Japan-based tyre manufacturer Yokohama Rubber Company has successfully completed its acquisition of Japanese industrial tyre maker Aichi Tire Industry Co. as part of its strategy to expand in the commercial tyre business. The expansion in the commercial tyre sector,…
Malaysian rubber exports expected to rise by 7% in 2017
The government of Malaysia is set on continuing its initiatives to strengthen the global market for rubber and palm oil as exports of the two commodities are expected to increase by 7% and 4%, respectively, said Malaysia’s Plantation Industries and…
Lanxess invests EUR100 million for aromatic compounds/rubber chemicals
Speciality chemicals company Lanxess is continuing to target growth. During the next three years, its business unit Advanced Industrial Intermediates will be investing some EUR100 million in expanding production facilities for chemical intermediates. Around EUR40 million each will be invested…