NEVILLE Chemical Company, through its joint venture company Neville Venture, has signed a strategic partnership agreement for the production of hydrocarbon resins at the Versalis Priolo plant in Sicily, Italy. The parties have also entered into a license agreement related…
NuSil unveils a transparent silicone encapsulant
NuSil Technology, a supplier of silicone materials for the medical implants, aerospace, electronics and engineering markets, has launched the R-2614, a transparent, flowable silicone encapsulant and potting material uniquely designed for easy processing and long-term reliability. The robustness of R-2614…
Problematic Apollo/Cooper deal still on
Indian tyre maker Apollo Tyres has run into problems over its proposed US$2.5 billion acquisition of US tyre maker Cooper Tire. Firstly, in June, prices of the public-listed firm plunged the most in more than two decades in Mumbai trading,…
Carlisle divesting tyre business amidst Chinese competition
CHARLOTTE-based diversified company, Carlisle, is exiting from the business as it faces plunging profit margins versus “price-aggressive” Chinese competitors. The company, founded in 1917, has started selling inner tubes for automobiles and later on expanded into other manufacturing lines, from…
Thai rubber planters protest versus falling prices
RUBBER planters in Thailand have voiced out their resistance against the continued falling prices of rubber, and urge the Government to start buying up rubber at 28% above current market prices. The planters are seeking Government intervention in the market…
Rubber-Cal launches new recycled rubber flooring
US elastomers and wear parts firm Rubber-Cal Inc is introducing another addition to its eco-friendly product range. The rubber flooring product, the “Z-Cycle” , is 100% recycled rubber flooring made from used tyres and tyre crumbs. The Z-Cycle is best-suited…
HF Mixing group melds batch mixing machinery businesses
ALL HF Mixing Group rubber “batch” mixing machinery businesses in North America will be consolidated to HF Rubber Machinery, Inc. (HFRM) for supporting Banbury Equipment, Parts and Services, starting September 3. HFRM will now provide parts, equipment and service support…
Kerala rubber farmers lose out 30,000 tonnes latex to rain
RUBBER farmers in Kerala have lost at least 30,000 tonnes of latex, as rains pummel incessantly in June, July and early August. Reportedly, losses amounted to more than Rs. 550 crore at the current price. Tapping has been stopped for…
Michelin continues support to Yellowstone
MICHELIN North America Inc has renewed its five-year-old agreement with Yellowstone Park Foundation — the official fund-raising partner of Yellowstone National Park — covering tyres and vehicle maintenance advice for the park’s fleet of 800-plus vehicles. Since 2008, Michelin has…
Sibur starts up its Voronezh TPE facility
Russian petrochemicals supplier Sibur has launched production of styrene-butadiene thermoplastic elastomers (TPE), to be used for the road building industry and roof coatings, at its Voronezh-based facility. The production facility reached its full design capacity of 50,000 tonnes/year. The process…