Come November, Toyo Tire & Rubber will sell anti-vibration rubber for automotives in Thailand. The sector is positioned as a core product for the firm that has established three production plants in Japan and four overseas.
AXA invests in Italian rubber firm
AXA Private Equity has bought a 82.4% stake in Italian rubber component manufacturer Novotema from private equity firm 3i Group that bought Novotema in 2003 for EUR24 million. As part of the transaction, Novotema’s management team acquired the 17.6% of…
Saudi tyre market to grow
Saudi Arabian tyre sales are forecast to surge over US$10 billion by 2014, according to TechSci Research. The tyre sales have three major components: OEM, replacement and exports, including re-exports. The used car market was valued at more than US$800…
Bridgestone constructing Vietnamese plant
The facility, the biggest foreign investment in HaiPhong, is being built on a 1.02 million sq m lot
Tyre makers set up in China
As the demand for road vehicles continues to climb, so too will the need for more tyres. Tire makers Trelleborg and Kenda bolster production capacity in the mainland
Using silicone foam to improve productivity
Perched on a cup of cappuccino or a glass of beer, foam can be pleasing. But in a manufacturing process, foam can cause vessels to overflow, increasing maintenance costs and processing time and reducing production efficiency. Hence, it is in…
New elastomer coating
US-based NuSil Technology, a specialist in silicone materials for the aerospace, aircraft and automotive industries, has launched R-2183, a low-viscosity silicone elastomer dispersed in xylene. The elastomer is said to retain elasticity at very low temperatures (down to -140°C) as…
ContiTech updates Sustainability portal
The portal zooms in on urgent issues such as water catchment in dry regions of the world as well as optimisation of cover plates used in conveyor belts, which generate energy savings by 20%
Butadiene’s volatility explained
As demand for synthetic rubber grows has grown so has the demand for butadiene, an essential chemical used as a monomer in the production of styrene-butadiene rubber (SBR), poly-butadiene rubber (PBR) and acrylonitrile-butadiene-styrene (ABS). At this present time, the price…
Thailand approves NR price support
Thailand’s National Rubber Policy Committee has approved the purchasing of rubber at three baht above the bidding price at the central rubber market in order to boost prices. The government earlier approved a 15-billion-baht budget to intervene in the market…