Against the backdrop of weak demand from the automotive industry, Germany-based speciality chemicals firm Lanxess, which is facing what it says is a “temporary weakness in demand for its synthetic rubber”, is aiming to cut costs by EUR100 million per…
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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 ...
Sale of two Cooper Tire plants to India’s Apollo Tyres delayed
An American arbitrator has said that Cooper Tire and Rubber Co. cannot sell two of its factories in the country to India’s Apollo Tyres until a collective bargaining agreement is reached between Apollo and members of the plants’ union. The…
Hankook to build proving R&D tyre centre
South Korean Hankook Tire plans to build a R&D centre in Sangju City with an investment of KRW240 million until 2020 for the construction of a top-tier proving ground. Covering a total area of 132 ha, it will be the…
Coatings firm Barrier buys stake in Aquaseal
BARRIER Group, an industrial coatings firm has bought 49% share in Aquaseal Rubber Ltd to assist the latter in business expansion and widening its market scope. Aquaseal Rubber, a family business run by managing director Jason Armstrong and his father,…
Italmatic and Tesco form JV in US
ITALIAN tyre retreading equipment maker Italmatic Group has formed a joint venture (JV) with Tesco of America Inc., a US automotive and tyre industries firm. The new business entity, which will be headquartered in Oakland Park in Florida, will be…
Hankook opens tyre plant in Indonesia
South Korean tyre company Hankook has officially opened its seventh global plant in Indonesia. Located in Lippo Cikarang, Bekasi, West Java, the company’s newest plant will act as an export base for the US and Middle East markets as well…
Delticom purchases compatriot Tirendo for EUR50 mn
Germany-based online tyre trader Delticom is buying Berlin-based online tyre retailer Tirendo Holding and its subsidiaries for EUR50 million. Delticom says it is acquiring a rapidly growing company with complementary strengths in IT and marketing. For Tirendo, Delticom is an…
New US$240 million facilities in Seoul for Hankook
HANKOOK Tire Co. Ltd. will build a US$240 million tyre proving grounds – the firm’s first, and engineering centre on a 1,420-acre site southeast of Seoul over a seven-year period as part of its strategy to improve its global research…
K2013: REP acquires Watson Brown HSM
French rubber injection moulding machinery maker REP International has acquired Watson Brown HSM-Berlin, its patented HSM devulcanisation technology as well as its devulcanisation centre. This centre is equipped with an operational devulcanisation line and a test laboratory operated by a…
Toyoda Gosei to start third plant in Mexico
Japanese supplier Toyoda Gosei has set up a new company in Mexico to strengthen its automotive rubber hose production in the US. The new company, Toyoda Gosei Rubber Mexico, S.A. de C.V. (TGRMX), will start production of fuel hoses and…