AUSTRALIAN latex glove and condom maker Ansell Ltd is set to acquire South Korean knitted cut-resistant industrial gloves producer, Midas C. Ltd for an estimated US$41 million. The deal is expected to close in the fourth quarter. A supplier of…
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Sealing manufacturer Kaco adopts Maplan’s new machine concept
HEILBRONN-headquartered Kaco, a leading global manufacturer of high precision, application-oriented sealing solutions for the automotive, engine and machinery industries, establishes a new production line in China for transmission components. These components are resistant to temperatures of about 150 °C and…
Recyclable tyre for the agriculture sector
LAST year, Italian elastomer compounder API and mould maker Tecnostamp developed a “green life” tyre from PU as an alternative to tyres currently manufactured from vulcanised rubber. The tyres have been produced by Emanuele Conti & Partners’ Mecaplast S.a.S., which…
Supermax to buy 100-acre land in Selangor for new glove factory
MALAYSIAN glove maker Supermax Corporation Bhd, through its wholly-owned subsidiary, Maxwell Glove Manufacturing Bhd (Maxwell) acquisition of a 100-acre piece of land on which the company will build its new integrated glove manufacturing facility has been deemed by analysts a…
Durex develops silicone rubber wrap heater
US firm Durex Industries, a leading designer and manufacturer of heaters, temperature sensors, controls and systems, develops their Elastic Wrap Heater (EWH) technology. Elastic Wrap Heaters are used in applications that require heating for freeze protection or to prevent condensation.…
Minnesota Rubber closes ageing US plant
MINNESOTA Rubber and Plastics, a manufacturing plant in Watertown, Minneapolis, announced that it will be closing its plant in one year, resulting in 180 workers being laid off jobs after January 15, 2014. The company, which manufactures the Standard O-Ring,…
Malaysian condom manufacturer diversifies to food segment
TAKASO Resources Bhd , a Malaysian manufacturer of condom and baby products, diversifying into ready-to- eat food market in Thailand and Malaysia. Further, it is targeting the first quarter of 2015 as its pilot sales launch into the segment. According…
Trelleborg purchasing assets of Italian tyre wholesaler
SWEDISH Engineering firm Trelleborg Wheel Systems S.p.A. may be buying the industrial tyre business of Italy-base Pircher Alfred S.A.S., which has distribution and interfit service concept for industrial tyres (such as forklift truck tyres), as a move to extend its…
Petronas/Versalis jv for synthetic rubber production at RAPID
PETRONAS, Malaysia’s state-owned oil and gas company, and Italy-based Versalis, Eni’s chemical subsidiary and a global leader in the elastomers industry, are moving ahead with the joint venture company announced last year that will produce elastomer products at Petronas’ proposed…
IRC pines for growth on UAE’s booming construction industry
SYNTHETIC rubber profiles manufacturer, International Rubber Company [IRC], is eying a 15% year-on-year sales growth, as demand for rubber insulation products in the region in lieu of the booming construction industry im the Gulf. To achieve this, the firm says…