ERJ Top 10 of the Week (7 - 10 April)
China’s rubber sector to see slowed growth in 2015
Assessment from chairman of China Rubber Industry Association Deng Yali during her speech at the 2015 China Rubber Conference in Guangzhou Read more
Zeon set to close UK rubber plant
Zeon Chemicals Europe is in the process of shutting down its synthetic rubber plant in Sully, Wales, UK, according to a source close to the company. Read more
China tire mould maker to launch lubricant-free technology
Shandong Wantong Mould, a maker of radial tire segmented moulds based in Dongying, Shandong, has developed new technology after a year’s research to make its moulds lubricant-free. Read more
Versalis, Lotte to build new plant under elastomers technology deal
Companies have extended an elastomers co-operation deal with a technology license agreement and plans to build a new facility in South Korea. Read more
Adidas set to bring production ‘home’
Adidas is likely to move production of footwear and other sports goods from Asia back to Europe and North America, according to its CEO Herbert Hainer. Read more
ChemChina lays groundwork to control Pirelli
ChemChina’s wholly owned subsidiary China National Tire & Rubber Co. (CNRC) has entered an agreement with Cam Finanziaria SpA (Camfin) to purchase the investment firm’s 26.2 percent stake in Pirelli & C SpA. Read more
Pirelli CEO addresses ChemChina deal
Bid to take control of Pirelli & C. SpA is first and foremost a deal to secure the future of Pirelli’s commercial tire business interests, Pirelli CEO Marco Tronchetti Provera said in a 2 April conference call with the US tire trade media. Read more
US tariffs ‘welcomed’ in China
Omsk Carbon boss sets out carbon black ambitions
Russia-based Omsk Carbon is to increase its already large share of the carbon black manufacturing market in Russia by 10-12 percent, according to its chairman Valeriy Kaplunat. (Read more)
US lowers anti-dumping duties on Chinese tires
The US department of commerce’s international trade administration has lowered the preliminary anti-dumping duties it issued earlier this year against all but one of 68 manufacturers, importers and distributors of passenger and light truck tires from China. (Read more)
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