The rapidly increasing vehicle production in Southeast Asian (SEA) countries is steering the automotive coatings market in Asia-Pacific. With the automotive industry in the region likely to continue this upward progression due to favourable macroeconomic indicators and strong support from governments,…
Particle-filled silicones found to provide EMI, environmental sealing
Particle-filled silicones are elastomeric compounds that combine the advantages of silicone with the electrical properties of metals. An inert, synthetic rubber, silicone offers thermal stability over a wide temperature range and resists ozone and ultraviolet (UV) light. Silicone rubber also…
Initiatives in place to make Hankook fifth largest tyre maker globally
Hankook Tire America Corp. and its parent, Hankook Tire Co. Ltd., have aggressive goals to grow in the coming years based on three basic pillars: strategic globalization, technology innovation and what they’re calling “brand value up.” This effort includes boosting…
Michelin faces weak demand in emerging markets
Shares in Michelin fell by as much as 5% on Tuesday after the French tyre maker reported a decline in full-year earnings followed by a cautious outlook for 2015. The manufacturer, which is based in Clermont-Ferrand, reported full-year net income…
South Korea to invest US$17 bn in Indonesia
As many as 16 South Korean companies have expressed a serious commitment to spend up to US$17.1 billion in a wide array of sectors from power generation to minerals processing in Indonesia, the Investment Coordinating Board (BKPM) said. About US$8.5…
Bluestar Silicones expands SLR capacity in US
Bluestar Silicones, a global integrated silicones supplier, announces it has expanded its liquid silicone rubber (LSR) capacity at its facility in York, South Carolina, to meet the growing needs of the marketplace. This expansion increases capacity by approximately 30%. “We…
Strong results for Novelis
Novelis, the world leader in aluminium rolling and recycling, today reported net income grew to $46 million for the third quarter of fiscal year 2015, up significantly from the $13 million reported in the third quarter of fiscal year 2014.…
India suffers low natural rubber output
India is likely to face a severe supply crunch of natural rubber, which reported a 33 per cent drop in production during January 2015 — the highest ever monthly decrease in recent times. Experts warn that the domestic market will…
New addition to Bridgestone’s tyres
Bridgestone Americas plans to launch the Blizzak DM-V2, a winter tyre for CUVs, SUVs and light trucks, in July for the 2015-16 winter season. The new tyre, which will be available in 50 T- and H-rated sizes ranging from 15…
Nokian beats profit, dividend expectations
Finnish winter tyre specialist Nokian Renkaat reported its fourth-quarter profits fell less than expected and proposed an annual dividend above the market consensus. The company posted a fourth-quarter operating profit of 77.5 million euros (US$88 million), compared to 93.2 million…








