CAPITALISING on its plastics manufacturing expertise, Austrian machinery firm Maplan will develop more vertical machines for a wide range of needs, with injection from top to bottom especially for applications that require a lower working height. For automated production applications,…
Michelin sells Paris hq, builds plants in US and Serbia
AFTER consolidating its Paris-based staff operations to a new site in Boulogne-Billancourt, French tyre maker Michelin has sold the 12,000 sq m property for EUR110 million to domestic insurance group Covea. Michelin will earn a capital gain of nearly EUR100…
China moves to green tyre and radial standards
A “green” tyre programme is in place, requiring half of the nation’s tyre makers to produce fuel-efficient tyres.
Weather deflates global rubber output
In Malaysia, unseasonal rains for almost a month from mid-February onwards have disrupted harvesting of trees.
Kotagala to plant rubber in Cambodia
SRI Lankan plantation firm Kotagala Plantations will plant 20,000 ha of rubber in Cambodia. Valued at US$70 million, the project aims to address the inadequate local production and rising costs of rubber in Sri Lanka. The plantation will be managed…
China sets up Nd-BR project and hits high on carbon black
TO support the development and production of neodymium-catalysed butadiene rubber (Nd-BR), China has initiated a four-year project to study the chemistry, engineering and practicality of a pilot-scale reactor. The project involves the nation’s top research institutions and universities such as…
Asia Carbon reports healthy revenue
Its average sales price was US$988/tonne during 2011, up by 11% from US$894/tonne in 2010.
Shares of Goodyear Tire & Rubber under pressure, down 2.3%
Goodyear Tire & Rubber is a company whose shares are active, trading 2.3% lower to US$11.80. The Dow Jones Industrial Average is now trading 0.4% lower to 13,066 and the S&P is trading 0.6% lower to 1,395. In the past…
Rubber tree propagation gains popularity
PHILIPPINES – Rubber tree planting is now becoming popular in many provinces in Mindanao, particularly in the Central Mindanao region as evidenced by rows of rubber trees lining the roads of the areas. It has been observed that the provinces…
Consumers rate Michelin and Pirelli at the top
TWO tyre brands are clear winners in the J.D. Power and Associates 2012 Original Equipment Tire Customer Satisfaction Study: Michelin and Pirelli. Michelin rated highest in three of the study’s four categories. Pirelli was tops in the “Performance Sport Segment.”…