Versalis (Eni) and LOTTE Chemical will be extending their cooperation in the elastomers business under a technology license agreement regarding, in particular, the Styrene-Isoprene-Styrene and Styrene-Butadiene-Styrene (SIS/SBS) product lines. This is to target the specialty hot-melt adhesives market and additional…
Royal Holdings, Inc acquires Chemical Innovations Limited
Royal Holdings, Inc. (Royal), a portfolio company of Arsenal Capital Partners (Arsenal), announced that it has, through its Kommerling UK Limited subsidiary, acquired the stock of Chemical Innovations Limited (CIL) from Vita (Group) Unlimited. Based in Preston, UK, CIL is…
Rubber market likely to continue downtrend
The Malaysian rubber market is likely to continue its downtrend next week on negative sentiment due to fluctuating crude oil prices and oversupply situation in Asia. “The market is expected to be volatile next week given that the demand for…
Thailand left with massive rubber surplus due to weak demand
Thailand is facing yet another surplus that may be worse than the rice surplus seen earlier in the year. Currently, rubber prices have tumbled from their 2011 highs as well as overall demand for the country’s rubber exports. Domestic prices…
UTECH Europe 2015 Polyurethanes Conference line-up
Organisers of UTECH Europe 2015 polyurethanes event have announced full details of its comprehensive three-day conference taking place April 14-16, 2015 at the MECC, Maastricht, The Netherlands. Featuring over 90 detailed technical papers delivered in a total of 11 sessions,…
Canada Tyre Market Forecast and Opportunities 2015 – 2020
Canada’s tyre market is forecast to increase at a CAGR of around 6% till 2020 Large vehicle fleet and growing hybrid vehicle sales would be the major factors driving Canada tyre market over the forecast period. Passenger car tyre market is the dominant…
Momentive unveils new silicone elastomer products
US-based Momentive Performance Materials (MPM) showcased its new silicone elastomer solutions at NPE 2015. The company, which was situated at booth S15079 at NPE, introduced its new low-volatile, self-lubricated liquid silicone rubber (LSR) Silopren LSR 3376/50, along with showing its…
New investments at Maragoni
As the deadline approaches for a possible extension of the labelling requirements already in force for new tyres to also include retreads, the retreaded truck tyre segment is rapidly evolving both regarding performance and the level of uniformity and efficiency…
Lanxess cuts 140 production jobs as quest for rubber partner continues
German chemicals group Lanxess unveiled more cutbacks on Thursday, shedding about 140 jobs in rubber production and acknowledging its quest for a strategic partner would likely take until the second half of the year. The company, the world’s No.1 maker…
As rice mountain shrinks, Thailand risks amassing rubber hoard
Eight months after Thailand’s military junta started selling rice into an oversupplied global market, the officers are taking a different tack amid a rubber glut. But this approach by Thailand, the world’s biggest exporter of both commodities, may cause as…






