After leading a mission of Thai officials to Kunming, China, for a second meeting on agricultural-product co-operation, Commerce Minister Chatchai Sarikulya said yesterday that Thailand would soon get good news about selling big lots of rubber and rice under closer…
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Gloves Sector: Malaysia’s gloves sector holds its place in a volatile market
As a main exporter of gloves globally, Malaysia is handling suitably geopolitical pressures ...
LSR stretches its industrial footprint
Liquid silicone rubber, or LSR, is an advanced elastomer that has gained traction ...
Tyre Sector: Setting in motion the wheels of change
Once liabilities and eye sore on landfills, end-of-life tyres have now become assets ...
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 ...
Increase in rubber plantations threatens the environment
The global demand for rubber tyres is threatening protected forests in Southeast Asia, according to a study. Tropical forests are being cleared for rubber plantations, putting endangered birds, bats and primates at risk, say UK researchers. By 2024, up to…
Camoplast Solideal buys New Zealand dealer
Camoplast Solideal Inc. has acquired Eastwood Tyres in Auckland, New Zealand. Camoplast Solideal says the acquisition strengthens its position in the Asia-Pacific market. The company will assume immediate responsibility of the Eastwood facility in Auckland, New Zealand including all staff,…
Cooper Tire profits down 10 %
Cooper Tire and Rubber Co. posted first-quarter earnings Friday that were haunted by a ghost whose initials are CCT. The Findlay-based tire manufacturer’s net profits were down nearly 10 % and its revenues down 20 % largely due to the absence…
MRCB ‘buy’, MISC ‘hold’, Parkson ‘neutral’ glove sector ‘positive’
MALAYSIAN RESOURCES CORP BHD By AmResearch Buy (Maintained) Fair Value: RM2.30 AMRESEARCH has maintained a “buy” call on MRCB Corp Bhd (MRCB) due to its transformational moves to become a property-centric group and its deleveraging efforts further boosted by more…
MIDF maintains positive on glove sector
The export value of rubber gloves in February 2015 maintained its uptrend and increased by 18.2% year-on-year (y-o-y) to RM916 million due to the stronger US dollar against the ringgit earlier this year. However, MIDF Research said the export volume…
Roughly 1,750 jobs will be lost as Dow Chemical trims its business
Dow Chemical Co. said it will cut between 1,500 and 1,750 jobs, or 3 % of its global work force, to streamline the organization further and optimize its footprint as a result of a US$5 billion divestment of most of…
Tesla buys Michigan-based auto supplier
Tesla Motors Inc. confirmed late Wednesday it has acquired a west Michigan auto supplier as it ramps up production of electric vehicles. Tesla spokeswoman Alexis Georgeson said the company this week acquired Cascade Township-based tool and die manufacturer Riviera Tool,…
Indonesia’s automotive industry shifts up a gear
In 2012 Indonesia produced more than one million motor vehicles for the first time. Its vehicle output rose 3.6 times during 2000–12. This was a large increase compared with global output growth of 1.4 times, while neighbouring Malaysia’s output only…
Lanxess begins production at new EPDM plant in China
German chemicals firm Lanxess has started production at its new ethylene propylene diene monomer (EPDM) plant in Changzhou, China. With the gradual ramp-up of the new plant, the company completes its global EPDM rubber asset base. Over the next few…