Continental Tyre will increase investment to US$450 million in Hefei-based factory, according to Anhui Provincial Administration of Commerce. Hefei-based plant is located in Hefei Hi-Tech Development Zone and it operated in last May. The capital increase this time is for…
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Tyre Industry: Speeding up towards sustainability
Amid environmental issues over rising carbon emissions, the rubber/tyre sector is stepping up ...
Michelin slows down truck tyre plant construction in India
French and Indian non-governmental organizations finally got the attention of the OECD in Paris last Wednesday about the construction of a Michelin tyre factory in India. They believe the plant violates the rights of a community of ‘untouchables.’ The construction…
Sumitomo opens second tyre plant in Changsa
Sumitomo Rubber Industries Ltd. has inaugurated production at its passenger tyre plant in Changsha, two years after announcing the $297 million project. The new plant, covering 550,000 square meterss designed with a production capacity at 30,000 tires per day. The…
Indonesia to invest US$528M to renew natural rubber plantation
Indonesia plans to invest US$528 million to revitalize state-run natural rubber plantations, thereby raising productivity. Citing the Agriculture Ministry’s perennial crop director, Rismansyah Danasaputra, the plan is to boost productivity by 44.5% to 1,300 kg/year for every hectare by 2015.
Thailand Rubber Cluster Development program held in preparation of AEC
Thailand’s Industrial Promotion Center Region 11 has launched a program to promote cluster development in the para-rubber industry, with the advent of the ASEAN Economic Community in 2015. Deputy Governor of Songkhla Peerasin Panpeng presided over the opening ceremony of…
Rubber planting in Mindoro, Philippines
A community in Oriental Mindoro is finding it profitable planting rubber trees. Farmer leader-entrepreneur Mitch Miciano started planting rubber trees in 2005 in Sitio Mahabang Parang, Barangay Malaya, Pinamalayan town. He first started on two hectares owned by his brother…
Petronas and Versalis form elastomers VJ
The joint venture will produce and market synthetic rubbers using Versalis’ technology licence and technical know-how
Lanxess partners with NTDA on labelling
Speciality chemicals company, Lanxess is partnering with the National Tyre Distributor’s Association (NTDA) to ensure tyre dealers and wholesalers across the UK have everything they need to prepare for mandatory tyre labelling when it is introduced on 1 November. According…
Rubber product exports to grow 10% this year
After taking into account all the present economic crises, the export of rubber products is expected to grow 10% again this year, said the Malaysian Rubber Export Promotion Council chief executive officer Datuk Teo Suat Cheng. Last year, the country’s…
Titan strengthens OTR tyre manufacture through major purchase
Titan International announced that it will purchase a majority ownership interest in Planet Corp. Group of Companies in an all-cash transaction. Planet includes National Tyres, Acme Wheel, Resource Tyre and Choice Tyres Wholesalers, and is based in Perth, Australia. The…