Kumho Tire Co. Inc. reported 9-percent higher operating profit for the quarter ended June 30 on 10.5-percent lower sales. Kumho attributed the earnings improvement—to $111.7 million, or 12.6 percent of sales—to the positive “tailwind” of lower raw materials costs. The…
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India Rubber
The All India Rubber Industries Association (AIRIA) was established in 1945 with the purpose of representing the rubber sector in ...
Country Focus: An alliance that keeps Asia’s “white gold” shining
Despite challenges in the global market and supply chain, Asia’s primary rubber producers are successfully achieving their growth targets, with ...
Sustainability: Southeast Asia’s rubber sector rooting for sustainability
Promising solutions are emerging in the form of sustainable rubber practices, aimed at curbing deforestation and substantially reducing the environmental ...
Rubber industry in the digital age: how technology can save forests, boost business
Emerging policies on ethical material sourcing, such as the EU Deforestation-free Regulation (EUDR)’s zero-deforestation rule, underscore ecosystem preservation and market ...
Gloves sector holding up through the headwind
Malaysia’s glove makers are benefiting from streamlining of operations, new investments, and net-zero collaborations to mitigate the impact of low ...
Medical technology market shapes up with silicones
Global and Asian markets for silicones in the healthcare and medical industries have grown in tandem with the advancement of ...
CEAT to export products back to northeast India
India’s tyre giant CEAT aims to export back at least 30 percent of the products to be manufactured at its plant in Mymensingh, taking advantage of the duty benefits the neighbouring country has extended to Bangladesh. The Mumbai-based company last…
Anhui HeDing builds new tyre factory
Anhui HeDing Tires Technology Co. Ltd. has commissioned production at its new factory in Bengbu, Anhui, province, 17 months after beginning construction on the $323 million project. The plant, in the Huaiyuan Economic Development Zone in Bengbu, is designed to…
RMA and TIA agrees to add additional symbol to tyre plant codes
The Tire Industry Association (TIA), has sent comments to the National Highway Traffic Safety Administration (NHTSA) Docket Office regarding a notice of proposed rulemaking for tyre identification and recordkeeping. NHTSA is seeking to expand the first part of the tyre…
Thai rubber farmers feel deceived by national council
Thai rubber farmers who supported anti-government protests that led to a military coup in May say they feel betrayed because the ruling military is failing to help soften the blow of plunging rubber prices. Thailand is the world’s largest rubber…
Cooper and Chengshan joint venture worth approximately $440 million
Cooper Tire & Rubber Co. on Tuesday unveiled the valuation of its joint venture with Chengshan Group Company Ltd., marking a step forward as the companies seek to resolve its future ownership. The venture, known as Cooper Chengshan Tire Company…
Synthomer to launch new NBR grade at IRGCE 2014
Synthomer, a global market leader of emulsion latices for the dipping industry is launching its latest NBR latex grade for protective gloves at the 7th International Rubber Glove Conference & Exhibition (IRGCE) to be held in Kuala Lumpur, Malaysia from…
Thailand NCPO approves new budget to rebuild rubber industry
The Bangkok Post reports, “The National Council for Peace and Order (NCPO) has approved a budget of 5.94 billion baht for the overhaul of the rubber industry as proposed by the Natural Rubber Policy Committee. The measures involve maintaining a…
Freudenberg acquires hydraulic accumulator maker
Freudenberg Sealing Technologies, the Freudenberg Group’s global sealing specialist, is to acquire Tobul Accumulator, a developer and manufacturer of hydraulic accumulators. The family-owned company has various sites in the US, together with a sales office in Shanghai, China, and employs…
Sensata adds Schrader TPMS to its portfolio
Dutch firm Sensata Technologies BV is to acquire the Schrader group of companies from Madison Dearborn Partners for US$1 billion. Schrader is the global leader in tyre pressure monitoring sensors (TPMS). The transaction provides TPMS and additional low pressure sensing…