ContiTech AG, a subsidiary of the Continental Corporation, begins constructing a new conveyor belt production facility in Morocco. Production is set to begin in the middle of next year. The ContiTech Conveyor Belt Group business unit will manufacture textile and…
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Global rubber output falls by 1.5%, says report
Due to substantial decline in global natural rubber prices, the world’s natural rubber output fell by 1.5% from a year earlier to 12.07 million tons in 2014, according to Research and Markets recently released report: Global and Chinese Natural Rubber…
Littlejohn & Co. sells Henniges Automotive, Inc.
Littlejohn & Co., LLC, a private investment firm based in Greenwich, Connecticut, completed selling Henniges Automotive, Inc., a provider of vehicle sealing and anti-vibration solutions for the global automotive industry, to Aviation Industry Corp. of China (AVIC). Doug DelGrosso, Chief…
Accella Performance Materials acquires Burtin Polymer Labs and Coating and Foam Solutions
Accella Performance Materials, a manufacturer of polyurethanes and recycled rubber products, recently acquires Burtin Polymer Labs (BPL) and Coating and Foam Solutions (CFS), a manufacturer of spray foams and coatings for insulation and roofing as well as specialized spray elastomers.…
Nitto Tire produces documentaries for ANA flights
Nitto Tire U.S.A. Inc., produced two documentaries that will be shown on All Nippon Airways (ANA) international flights from September 1 to November 30, 2015. The films feature individuals who are pioneers in their respective fields. The two documentaries are…
Continental introduces system that will warn drivers of collisions
Continental introduces the Vehicle-to-X (V2X) technology in the recent Frankfurt Motor Show (IAA). This technology issues an audible and visual warning to alert the driver of an impending collision due to the presence of a hidden approaching vehicle during a…
Nexen Tire plans to build USD7mil-R&D facility in Ohio
Nexen Tire Corp. plans to invest USD7 million to construct a research and development center in Richfield, Ohio. Nexen’s director of technology at Richfield, Don Lee, said that the company plans to build a 2,800-square-meter building in a site they…
Cambodia and Vietnam wants to join rubber council
Cambodia and Vietnam seek to join the International Tripartite Rubber Council (ITRC), a council with Thailand, Indonesia and Malaysia as its member countries. The ITRC was formed in December 2001 to ensure stable rubber prices and cooperation among rubber-producing countries.…
RISDA says export non-productive rubber trees
RISDA, or The Rubber Industry Smallholders Development Authority, thinks Malaysia should export rubber trees that are no longer productive. RISDA chairman Datuk Zahidi Zainul Abidin is referring to aged rubber trees which are abandoned due to low rubber prices in…
Bridgestone names Bryant Davis new VP for Sales
The Bridgestone Commercial Group, a division of Bridgestone Americas Tire Operations (BATO), recently appointed Bryant Davis as its new Vice President for Sales for the truck, bus, and retread tyre business. Before joining the Bridgestone team, Davis served as senior…