Europe-based specialty chemicals distributor Azelis Holding SA is being sold by its private equity owners 3i Group plc to another private investment outfit, Apax Partners LP. The financial terms of the deal have not been released. The deal is expected…
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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 ...
Tyres: Tyre makers take the wheel to turn the sustainability corner
From landfill to factory, the tyre sector is expanding the circular use of ...
Lanxess subsidiary expands Tepex composites range
The Bond Laminates GmbH, a subsidiary of specialty chemicals company Lanxess, has expanded its Tepex range of continuous fibre-reinforced thermoplastic high-performance composites to include halogen-free flame-retardant versions with a polycarbonate matrix. “Our new Tepex FR grades demonstrate exceptionally high flame…
Toyota faces disappointment: analysts
The Malaysian Automotive Association (MAA) released the sales and production figures last week with total industry production (TIP) growth being upbeat, increasing 2.1 % year on year (y-o-y) after declining over the past four months. MIDF Amanah Investment Bank Bhd’s…
Thailand optimistic rubber price will increase in mid-May
Thai Deputy Agriculture Minister Amnuay Patise is confident that rubber sheets from the newly-harvested crops expected in mid-May will fetch between 65-75 baht per kilogramme and the prices will steadily improve afterward. He attributed the good price prospect for rubber to…
Optical Liquid Silicone Rubber introduced at Proto Labs
Rapid prototyping and low-volume manufacturer Proto Labs, Inc. has added optical-grade liquid silicone rubber (LSR) to its existing lineup of moldable plastic, metal and LSR materials. High-performance optical LSR is transparent, extremely flexible and starting to replace glass in many…
Haridwar tyre factory valued at Rs3,573 crore
Kesoram Industries Ltd has internally valued its tyre factory at Haridwar, which it is hiving off and is looking to sell, at Rs.3,573 crore, at least Rs.1,200 crore more than what the cement and tyre maker had previously said it…
TVS Srichakra increases production capacity
TVS Srichakra is ramping up production capacity as the TVS Group company aims the top slot among India’s two-wheeler tyre manufacturers. The plan is to expand capacity to 2.4 million tyres a month by December from 2.0 million now. It…
Rubber price slides; Indian government steps in
Chief Minister Oommen Chandy has said that the government would soon take steps to check the slide in rubber price. A press note issued by the Chief Minister’s Office, after discussions between Mr. Chandy and rubber dealers here on Wednesday…
Cooper Tire announces new US$200 mn share repurchase authorisation
Cooper Tire & Rubber Company announced on Feb 23 that its Board of Directors has authorised the repurchase of up to US$200 million of the company’s outstanding common stock through December 31, 2016. Shares will be repurchased from time to…
General Motors trims production to reduce stocks
General Motors (GM) is trimming production at two of its car plants due to mounting dealer inventories in an effort to reduce stocks of the Chevrolet Sonic and Camaro, Buick Regal and other models. This week, GM scheduled downtime for…