Demand for new passenger cars and commercial vehicles totalled 2.69 million
units, a 16.7% drop from the 2010 figure
Wacker extends silicones supply
MUNICH-based chemicals group Wacker has tied up with Spanish silicones compounder Siliconas Silam to sell ready-to-use products made from Wacker silicone rubber base under its own label. Customers include the automotive, construction, cable and household goods industries. Siliconas Silam has…
Sumitomo breaks ground on facilities in Singapore and Brazil
JAPANESE firm Sumitomo Chemical recently held a groundbreaking ceremony for its new 40,000 tonnes/year
solution styrene butadiene rubber (SSBR) plant in Singapore, based on the high growth of SSBR in tyres.
Michelin targeting double-digit billion mark
Its advantages include forefront positions both in the premium tyre segment and in all of its speciality businesses
Hitting the million mark
Both Apollo Tyres’s Chennai facility Bridgestone’s Aiken County passenger and light truck tyre facility have reached their millionths mark
Ansell grooming for wellness
Ansell’s first-half profit increased by 1.1% or US$64.9 million in the six months to 31 December
Synthomer to set up SBR facility in Malaysia
This latest investment follows the recently announced major expansion of the 100,000 tonnes/year acrylonitrile butadiene latex (XNBR) facility
Analysts give thumbs up to Sime Darby’s buy
MALAYSIAN conglomerate Sime Darby’s acquisition of a 95% stake in Indonesian company PT Indo Sukses Lestari Makmur for US$4.36 million has been given the thumbs up by analysts. It has been reported that the acquisition, through its indirect wholly-owned subsidiary…
Thai government props up glove sector
THE Thai government is intervening in the rubber gloves industry by offering soft loans of 5 billion baht to local agricultural institutes and 10 billion baht to rubber estate organisations, enabling latex prices to stay above US$2.30 in the short…
Conti rolls out e-car tyre
TO CATER to the 2.8 million electric cars expected by 2020, representing a market share of 3%, German tyre maker Continental has introduced Conti. eContact for e-cars and hybrid cars. A requirement was to reduce the rolling resistance by 30%…