THE GOVERNMENT of Odisha, an Indian state in southeast coast, has set up programmes to promote the cultivation of rubber and coffee as an income generating activity amongst tribes. The programme, which will encompass 85,000 acres of land in the…
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Tyre Sector: Asian tyre sector to amble along with US tariff imposition
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Toyo Tires completes US$260 million plant in Malaysia
TOYO Tire & Rubber Co. Ltd. has completed its US$260 million passenger and light truck tyre plant in Malaysia, with production expected to hit or exceed 200,000 tyres a month before the end of the year. A ceremony hosted by…
Apollo Tyres opens operations hub in Thailand
APOLLO Tyres has set up its second exports hub in Thailand to cater to the ASEAN region, which contributes 40% to the company’s overseas income, doubling in the last three years, according to the firm. Recently, the Indian tyre maker…
Research finds compressing silicone liquid crystal could develop self-healing materials
A LATEST research from experts from the Texas-based Rice University has led to rhe discovery for developing self healing materials. The findings, which involve squeezing a piece of silicone that would quickly return to its original shape, could lead to…
Bridgestone lays foundation stone for new Thai OTR plant
Bridgestone Corporation held a foundation stone laying ceremony on April 29 for their future plant site in Thailand. The new site will produce off-the-road radial (ORRs) tyres for vehicles used in mines, quarries, harbors and construction sites around the world.…
Avon Rubber procures VR Technology
UK-headquartered Avon Rubber p.l.c., a manufacturer of advanced Chemical, Biological, Radiological and Nuclear respiratory protection products, has acquired the business and assets of VR Technology, a market leader in diving rebreather systems and dive computers. Likewise, Avon has acquired a…
CIO Tyres to join Tyrexpo India 2013
INDIA’s leading OTR tyre retreadin, CIO Tyres Pvt. Ltd is exhibiting at Tyrexpo India to be held 9-11 July, this year at Chennai. The firm specialises in repairing and retreading bias ply and radial OTR tyres, using Mould Cure techniques…
TrelleborgVibracoustic doubles production capacity at Chinese plant
AUTOMOTIVE anti-vibration solutions supplier TrelleborgVibracoustic (TBVC) is doubling production capacity at its Chinese facility in Yantai. TBVC supplies air springs and suspension components for the commercial vehicle market; passenger car bushings and torsional vibration dampers.
Sinopec secures stakes in Sibur
CHINA-based Sinopec is acquiring a 25% stake in Russian petrochemicals company Sibur’s nitrile rubber plant in the Siberian city of Krasnoyarsk, for US$100 million. The plant has a capacity of 42,500 tonnes, but the two companies plan to increase it…
Tokai acquires Anvis’s AVS shares
JAPANESE company Tokai Rubber Industries (TRI) is acquiring the entire shares of Germany-based Anvis Group, a manufacturer of automotive anti-vibration systems from HIG Luxembourg Holdings Eleven (90%) and Hahn (10%). Financial details were not disclosed. Anvis is a successor company…