China Hainan Rubber, a state-owned holding company in China listed on the Shanghai Stock Exchange, has made a cash offer to acquire 574.2 million shares in the capital of Singapore-listed Halcyon Agri Corporation for approximately US$180.9 million. The number of shares…
Tag: rubber
Bridgestone awarded US$35 mn from USDA for guayule production
Bridgestone Americas says it has been awarded a US$35 million climate-smart grant by the US Department of Agriculture (USDA) to further cultivate and scale the use of desert shrub guayule as a sustainable way to expand natural rubber production in…
Asahi Kasei markets BR and S-SBR made from mass-balance method
Japanese chemical firm Asahi Kasei says it will begin the sale of Tufdene S-SBR (solution-polymerised styrene-butadiene rubber) and Asadene BR (butadiene rubber) made using the mass-balance method at Asahi Kasei Synthetic Rubber Singapore Pte. Ltd. and the Synthetic Rubber Plant…
Enviro receives pyrolysis oil order from Preem
Tyre recycler Scandinavian Enviro Systems says it has received a recovered tyre pyrolysis oil order worth approximately US$190,000 from Swedish fuel company Preem. The oil will be delivered in the first quarter 2023 and used by Preem for production tests.…
New light on Michelin’s link to deforestation and greenwashing in Sumatra
According to global advocacy organisation Mighty Earth, an investigation by European multilingual news website Voxeurop into a “sustainable” rubber project by French tyre giant Michelin and Indonesian partner conglomerate Barito Pacific has led to fresh allegations of widespread deforestation, wildlife…
Troester expands to India with new subsidiary
To grow within the Indian market, German rubber machinery maker Troester has set up a new subsidiary Troester India Pvt Ltd based in Chennai (Tamil Nadu) to focus on expanding the rubber business unit. India is a steady growing market…
Rubber centre for skills training for auto sector in Pune
In a significant push to skills training in the field of rubber, the Auto Cluster Development and Research Institute (ACDRI) in Pune, India, will soon have a Centre of Excellence for Rubber Industrial Skill Development. The Rubber Chemical & Petrochemical…
Russian union marks 95 years of global synthetic rubber production
The Russian Chemists Union recently marked the 95th anniversary of Russia’s contribution to the global rise of synthetic rubber.While it often goes unnoticed, rubber is one of the most essential and widely used materials today. Products made from rubber are ubiquitous…
UNEP, partners to finance NR producers in bid to combat Indonesia’s deforestation
Bukit Tigapuluh National Park in Sumatra, Indonesia, may be one of the world’s great ecological hotspots, containing plants and animals found nowhere else. However, sprawling oil palm and rubber plantations outside the park’s boundaries are thought to infringe on the…
Yokohama Rubber integrates hydraulic hose series under one brand
Yokohama Rubber Co. says that it will integrate its three core overseas high-pressure hydraulic hose series under the Versatran1 brand name from this October. The integrated rebranding is intended to enhance the competitiveness of the hoses for the overseas market.…