CANCARB, a producer of N990 thermal carbon black, opened its new Singapore-based warehouse. Seeing Asia-Pacific as a very important growth region, the company’s new warehouse in Singapore will help provide their customers with a greater level of supply security. Furthermore,…
Yokohama to build plant in India
Yokohama Rubber will construct a new plant in the state of Haryana adjacent to Delhi, India. The plant is scheduled to operate in mid-2014 with an annual production capacity of 700,000 tyres for passenger vehicles. Construction of the new plant…
BASF India to set up new chemical production site
BASF India will build a new chemical production site at the Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR), located on the west coast of India in Gujarat. The investment is estimated at EUR150 million. To be an integrated hub…
Producers go skeptical with low SBR prices
STYRENE- butadiene rubber (SBR) may continue to decline slowly, based on reports from China. This price fall is caused by falling butadiene (BD) prices. The latest BD price is about US$3,889 to US$3,968 per tonne. Local BD rubber producers, however,…
Grim outlook for tyre makers in China
IN China, rubber prices went unstable down from US$4,125 per tonne in mid-February up to US$6,823 per tonne. This has caused net profits to dip by as much as 23.54%, according to the latest release from listed tyre companies including…
World Rubber Summit to be held in Singapore
MICHELIN, Bridgestone, Volkswagen and among others will be the leading figures for this upcoming World Rubber Summit to be held at the Raffles City Convention Centre this May 24, 2012. Invited presenters will be addressing concerns on the outlook and…
Shandong’s tyre exports jumped 54% in 2011
EXPORTS of tyres from the Shandong region increased in value by 54%, to US$7,834 million in 2011, according to a local official. President of the Shandong Provincial Rubber Industry Association, Zhang Hongmin said this trend was much better than the…
Triangle Group calls for more ‘green’ technologies
IN a keynote speech at an auto and tyre industry summit in Beijing, Triangle Group’s president, Ding Yuhua called for more “green” technologies in China, especially in the tire industry. He pledged that the group will follow the trend by…
Malaysian NR production fell in February
FEBRUARY marks the lowest for Malaysia; natural rubber produced was at 88,077 tonnes, a drop of 3,503 tonnes compared with the same month in 2011. The figure was up by 2,918 tonnes on the January figure. Exports reached 64,052 tonnes…
Evonik builds new Hydrogen Peroxide Plant in Jilin
EVONIK Industries has just held the groundbreaking ceremony for its new hydrogen peroxide plant in China. Scheduled to go online at the end of 2013, the plant will have a production capacity of 230,000 metric tonnes per year. This additional…