According to a recently released TechSci Research report “South Korea Tyre Market Forecast & Opportunities, 2020”, the tyre market in South Korea is forecast to touch around US$5 billion in 2017. Major drivers for tyre sales in the country include increasing automobile exports coupled with growing…
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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 ...
LSR: Silcotech and Momtech partner for baby bottle
Anyone who has ever fed a baby can tell you it’s not necessarily ...
Continental Completes Veyance Acquisition
Continental has concluded its acquisition of the U.S. rubber company Veyance Technologies Inc, of Fairlawn, Ohio, on January 30. On January 29, the Brazilian antitrust authority CADE (Council for Economic Defence) cleared the transaction with certain conditions, thus providing the…
Semiconductor and rubber glove makers win from weaker Ringgit
The decline of the ringgit is generally viewed as a problem for the economy but there are always two sides to the story. Exporters with high local ringgit-denominated content and strong external demand are the obvious winners as they are…
Honda possibly guilty of deaths by exploding airbags
At least 5 people were killed in the US when the airbags in their vehicle exploded, causing Honda to investigate whether their company is to blame. The unidentified driver of a 2002 Honda Accord died in a crash last week…
Informal European lab network launched
European Research and Rubber Laboratories (ERRLAB) was recently launched on the 26th of January. ERRLAB is a European informal network which is made up of laboratories for research and testing in rubber applications. It is established by France, Germany and…
Mitsubishi launches plant in Philippines, plans to up output by 6 %
Mitsubishi unveiled its plant in Manila, Philippines on Thursday, saying that it is capable of producing up to 50,000 cars annually. “The transfer is a strategic move that will enable us to adapt better to our growing industry,” Hikosaburo Shibata,…
Cooper Tire & Rubber reaches peak of $35.81
It has been a positive week for CTB. On January 27 they hit a new 52-week high reaching a peak of $35.81 after opening at $35.47 and closing at $35.50 for a move of $-0.59%. Hitting a new 52-week high…
Be patient, don’t protest, Prime Minister Gen. tells rubber planters
The Bangkok Post reports, Prime Minister Gen. Prayut Chanocha has expressed growing frustration at southern rubber planters who plan a protest over falling prices on January 30, urging them to be patient while efforts are made to solve problems throughout…
Outlook for automotive coating positive, report says
The new APAC Automotive OEM Coatings Market report says that the outlook for automotive coating manufacturers remain bright, chalking it up to strong government backing and favourable macroeconomic indicators. Although the surge of smaller cars is expected to considerably affect…
World Rubber Week 2015 Casts Spotlight on three key events
Singapore– Leaders, stakeholders and experts from the global rubber industry will congregate in Singapore at the World Rubber Week 2015, to be held at the Singapore EXPO Convention & Exhibition Centre and MAX Atria @ Singapore EXPO from 24 –…