US-based Vystar, the creator of Vytex Natural Rubber Latex (NRL), a patented, all-natural raw material that reduces antigenic proteins found in natural rubber latex, is merging with Malaysia-based reusable exam
gloves manufacture EcoGlove Asia Pacific.
Terms of the merger have not been finalised and the deal is expected to close by this year.
Tyre makers expand capacities Japan-based Bridgestone is investing US$135 million into its US facility
to increase passenger car and light truck tyres output by an additional 4,750 units/day. The investment will expand the main Aiken County plant by 25,000 sq m by 2013. Malaysian producer Toyo Tire is pumping up
capacity its Silverstone subsidiary in Perak to 15 million units over the next five years. It will invest US$400 million to increase the existing factory’s capacity and construct a new factory on a 20 ha site.(PRA)