German automotive supplier and tyre maker Continental has concluded an agreement with The Carlyle Group based in Washington D.C., US, relating to the purchase of Veyance Technologies based in Fairlawn, Ohio, US for approximately EUR1.4 billion. Veyance operates globally in…
Sempermed Introduces new and improved GripStrong nitrile gloves
Sempermed USA announces the introduction of a new and improve GripStrong Nitrile glove. GripStrong Nitrile gloves have been redesigned to provide additional durability and even more protection in an array of environments. GripStrong Nitrile by Sempermed is now manufactured with…
Righteous Rubber Roofing now offering thick, durable 90 Mil EPDM roofing for sale to public
EPDM membrane is an industry favorite for easy-to-install roofing in both the commercial and residential sectors. This type of roofing rubber can be used for flat roofs or low-slope roofing. Key features that make EPDM the most popular rubber roofing…
Goodyear enhances three tyres for improved fuel mileage
Goodyear says it has enhanced three tire lines to improve fuel economy. The G399A LHS Fuel Max, G572A LHD Fuel Max and G392A SSD wide-base tire with DuraSeal and Fuel Max have been improved upon to deliver reduced rolling resistance…
Families to file complaint with IFC over rubber plantations
Some of the hundreds of families losing land and community forest to Vietnamese-owned rubber plantations in Cambodia’s northeast will this week file a complaint with the International Finance Corporation (IFC) over the investment it has made in the plantations’ parent…
Finnish tyre maker Nokian Renkaat sees growth in 2014
Finnish tyre maker Nokian Renkaat said it expected to increase both sales and profits in 2014 as demand in Russia, its key market, recovers sligthly from a slump in 2013. The leader in the Russian and Nordic winter tyre markets…
Apollo Tyres says yes to Eastern Europe, Asia, and no to China
It appears to be a case of once bitten, twice shy for Apollo Tyres. Following its experience with Cooper Tire & Rubber, and particularly its joint venture subsidiary Cooper Chengshan, the Indian tiremaker seems ready to give China a wide…
Rubber inventories in producing countries set to decline: IRCo
Rubber stockpiles in Thailand, Indonesia and Malaysia are low and may decline further when the low-production season starts, International Rubber Consortium Ltd. said in statement on its website. Inventories available for sale in the three countries are “low contrary to…
Rampant import of raw rubber threatens local production
3500 tonnes of locally produced raw rubber worth Tk 630 million has long been lying unsold, officials close to the sector said. Besides, the domestic rubber industry is lately facing a threat due to the rampant import of raw rubber…
MRF profit drops to Rs.179.89 crore in December quarter
Tyre maker MRF Ltd’s latest quarter profit came in much below estimates mainly as rising employee costs ate into gains from declining raw material expenses. Net profit dropped to Rs.179.89 crore in the three months ended December from Rs.180.22 crore…