TO BUFFER declining rubber prices, Thailand will temporarily scrap rid tax on rubber exports. The move is also meant to dissipate the tension amongst protesting farmers who are demanding a price subsidy for rubber. An estimated 20,000 protesters recently assembled…
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Michelin introduces online agricultural tyre pressure calculator
FRANCE-headquartered tyre maker, Michelin unveils an online calculator available at their website, to check agricultural tyre pressure. Farmers and contractors can now calculate the optimum tyre pressures for their tractors, harvesters, sprayers and trailers. According to Michelin, it developed the…
Miers upgrades IT with SAP’s ERP system
RUBBER and plastics converter LJA Miers, has chosen SAP’s Business One ERP system, for its in-memory database Hana. Managing director Andrew Miers says their company will be the first in UK to implement SAP Business One, version for SAP Hana.…
ContiTech buys Metso’s conveyor belt unit
Hanover-based ContiTech Conveyor Belt Group is strengthening its conveyor belts business for industrial applications with the acquisition of Metso´s industrial conveyor belt operations based in Helsinki, Finland. Relating documents have been signed by both parties today. The transaction scope includes…
Vystar obtains EU patent for decreasing allergenicity of pre-vulcanisation NR latex
VYSTAR Corporation, the exclusive creator of the multi patented Vytex Natural Rubber Latex (NRL), announced that the European Patent Office issued a Decision to Grant Vystar’s patent application under European Patent Number 1 902 089 titled “Decreasing Allergenicity of Natural…
Hankook to build its first US facility
SOUTH KOREA’s Hankook Tire is setting up its first US plant, in bid to boost its presence in the country, the firm’s third largest market after China and Europe. The new plant will have an annual production capacity of 5m-10m…
Lanxess completes relocation to Cologne
Lanxess has completed the move of its Group headquarters from Leverkusen to Cologne. With its approximately 1,000 employees, the German speciality chemicals firm now occupies the Lanxess Tower at Kennedyplatz 1 in the district of Deutz. It will now manage…
Trelleborg launches ProgressiveTraction technology tyre
TRELLEBORG will launch ProgressiveTraction technology, a concept tyre that wil be showcased at a trade show to be held from 10 to 16 November in Hannover, Germany. After two years of intensive numeric simulations as well as indoor and outdoor…
Hankook inks tyre supply deal with Daimler
HANKOOK Tire Co Ltd it has begun supplying tyres to Daimler AG for the new Mercedes-Benz S-Class and E-Class sedans. The South Korean tyre manufacturer says that the contract with the luxury car maker is a big break for the…
Rubber demand up amidst weaker yen, stronger China manufacturing
RUBBER futures in Tokyo extended gains from the biggest monthly advance since December as a weaker Japanese currency and stronger-than-expected Chinese manufacturing data increased demand for the yen-denominated commodity used in tires. Rubber for delivery in February on the Tokyo…