HARBURG-Freudenberger Maschinenbau , a wholly owned subsidiary of L. Possehl , has acquired Slovakian company ZTS-LR NaJUS from the Rona Group. The 250-staffed ZTS-LR builds specialist equipment with a focus on welded structures, mechanical processing and the assembly of complex…
Purchases of rubber moulders and tyre firms
Titan International has bought 56% shares of Planet Corporation Group while QSR has purchased Lexington Precision
Indonesian-Indian rubber tie up
INDONESIA, the second largest rubber producer in the world, has invited the Indian rubber industry to invest in the country and benefit from ample natural rubber resources. In a meeting with All India Rubber Industries Association (AIRIA), Dickey Fabrian, Consul-General…
Continental’s R&D in Singapore
GERMAN firm Continental has set up a S$36 million research centre in Singapore, to serve the growing engineering demands in Asia and worldwide. The 10,170 sq m-facility, which at present houses 650 employees from the Interior division of the Continental…
China reviews imports of CR
CHINA is reviewing its anti-dumping policies on chlorophene rubber in lieu of complaints against the influx of the imported rubber from a Japanese company. Chloroprene rubber is commonly used in electrical cables and other types of cables as well as…
Latex-free rubber bands
US-based rubber band manufacturer Alliance Rubber Company has introduced what it says is the world’s first latex-free anti-microbial rubber bands in response to the global call for safety against exposure to fungi and other hazardous organisms. Recent reports from the…
Keyuan starts up second SBS line
CHINA-based petrochemical supplier Keyuan Petrochemicals has commenced production of its second 70,000-tonne/year line for styrene-butadiene styrene (SBS). The new facility, which was completed in September 2011, had undergone trial productions, including various technique tests spanning several months for its first…
Bridgestone to farm guayule in Arizona
JAPANESE firm Bridgestone has identified Arizona in the US to locate its guayule research farm.
Declines in butadiene price to benefit Hartalega next year: MIDF
THE easing of the price of butadiene, a key material of nitrile, will boost the profitability of Hartalega Holdings Bhd next year, says MIDF Research Sdn Bhd. According to a research by the MIDF, nitrile latex makes up 50% of…
Glove maker Ansell expects to lift earnings next year
MEDICAL gloves and condoms maker Ansell, which has a factory in Malaysia, says it expects to lift its earnings in the 2013 financial year and remains on the hunt for more acquisitions. Ansell recently reported a 6% rise in net…