To meet growing demand for silicone rubber, German firm Wacker Chemie AG is accelerating the expansion of its production capacities. Investment projects to this end are either in the planning stage or are nearing completion. Significant capacity expansions for liquid silicone rubber (LSR)…
Tag: rubber
Italian recycler receives EUR2.5 mn financing for expansion
Italian rubber recycler Rubber Conversion says it has closed a EUR2.5 million financing round. The start-up that is active in rubber recycling, spanning pre and postconsumer scrap says it will use the funds to expand its processing capacity and enter…
Malaysia’s glove sector ready for endemic stage
With Malaysia, the largest producer of gloves in the world, set to open its borders on 1 April, the Malaysian Rubber Glove Manufacturers Association (MARGMA) has welcomed the government’s move to transition to the endemic stage of the two-year pandemic…
India’s RCPSDC to aid Tripura rubber tappers to improve skills
Delhi-based RCPSDC (Rubber, Chemical & Petrochemical Skill Development Council) has tied up with the Tripura state government, in north eastern India, to improve the livelihoods of rubber growers belonging to OBC Cooperative Development Corporation community through a project involving skills training in rubber tapping…
Thai rubber output climbs 1.8% in 2022
According to the Rubber Authority of Thailand (RAOT), Thailand, a major global rubber producer, is expecting to produce 4.9 million tonnes of natural rubber in 2022, up 1.82% from a year earlier. As per Athiwee Dangkanit, Director of Rubber Economy…
Demand for NR topped in 2021; slower demand in 2022
Total rubber demand is estimated to recover by 9.4% in 2021 (y-o-y), reaching 29.57 million tonnes, exceeding the pre-pandemic level, according to the December 2021 edition of the World Rubber Industry Outlook (WRIO) published by Singapore-based International Rubber Study Group (IRSG). …
Rubber companies to report annually on sustainability progress
With members of the Global Platform for Sustainable Natural Rubber (GPSNR) accounting for about 50% of global natural rubber volume, a set of detailed sustainability reporting parameters have been approved that all members will be required to complete annually from 2022 onwards, it…
Bridgestone to divest anti-vibration rubber & chemical businesses
Japanese tyre maker Bridgestone Corporation is to sell its anti-vibration rubber and chemical products solutions businesses. The company expects the respective deals will close by the end of July and end of August 2022. The chemical business, comprising automotive seat pad…
GRT Rubber acquires Valley Rubber; to benefit from crossover business
US engineered rubber products maker GRT Rubber Technologies has acquired compatriot US-based Valley Rubber, a manufacturer of custom rubber solutions for tough mining and industrial applications. The two manufacturers will join forces to share resources, end-market expertise and expand their…
Synthos receives EC approval to acquire Trinseo’s rubber business
Polish polymers maker Synthos has gotten the green light from the European Commission to finalise the US$491 million acquisition of US-based Trinseo’s rubber business. In May 2021 Synthos signed an agreement with Trinseo on purchasing its synthetic rubbers production plants…