The Malaysian Plantation and Commodities Ministry increased the price of the Rubber Production Incentive (IPG) from RM2.50 to RM2.70 per kilogram with an allocation of RM350 million.
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On Thursday, March 30, 2023, from 10:00 – 11:00 AM (ET) RDAbbott will host a free webinar titled “The ABCs of RDC: Rubber Dispersion Chemicals” about leading products and new solutions from RDC S.r.l., a global supplier of pre-dispersed chemicals and additives.
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Liquid Silicone Rubber Market is expected to grow at a CAGR of 8.3% during the forecast period 2023-2030 according to USD Analytics. Liquid Silicone Rubber (LSR) is a versatile material used in various applications due to its excellent properties such as high thermal stability, low toxicity, and resistance to chemicals and UV radiation. The LSR market is expected to grow significantly in the coming years due to the increasing demand from various end-use industries such as healthcare, automotive, electrical and electronics, and others.
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Birla Carbon will present its complete portfolio of high-performance carbon blacks for customers’ applications along with a range of sustainable mobility solutions, including Continua™ SCM and other leading products for the rubber industry. Birla Carbon is dedicated to providing a range of solutions focusing on efficiency and sustainability. More details will be available at the technical conference presentation on ‘Bringing Circularity at Scale Through Sustainable Carbonaceous Materials’.
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MAXAM Tire announces its new warehouse facility in Houston, Texas. Executing its major expansion plan, MAXAM Tire’s new facility in Houston features 244,000 square feet of warehouse space, carrying the momentum of growing global demands across specialty tire segments. MAXAM Tire’s third warehouse facility in the U.S. marks another milestone in the company’s success and growth within the industry over the past few years.
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RPM International Inc. announced that Andrew G. Polanco has been appointed vice president – manufacturing for RPM. In line with this appointment, RPM today announced the retirement of Gordon M. Hyde, who previously served in this role.
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More than 100 rubber tappers in Kuala Krai hailed the government’s initiative to implement the new incentive for the production of rubber by increasing the ceiling price of rubber from RM2.50 to RM2.70 a kilogram through an allocation of RM350 million.
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Elkem Silicones is a platinum sponsor and has been an industry partner for over 40 years, we are excited to participate in this interactive event. The conference theme is “Communication-Coordination-Cooperation-Consolidation” and opens with the AWA Market Intelligence Round Table and Workshop on Monday, March 20. The conference features 3 panel discussions, presentations on the overall challenges, opportunities, and future of the industry and the exclusive AWA Global Release Liner Market Overview and Real Time Interactive Industry Survey.
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2022 results above targets: revenues 6.6 billion euro, Adjusted ebit 978 million, cash flow before dividends positive 515.5 million.
price/mix at 19.7% thanks to price increases and mix improvement. Net profit +35.5% to 435.9 million euro
Continental has taken on the role of fourth co-chair of the Tire Industry Project (TIP). With this step, the tire manufacturer is further emphasizing its comprehensive commitment to sustainability. Continental will contribute resources and its long-term expertise in the areas of end-of-life tires, sustainability assessment methods, and sustainable materials.
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