Trelleborg Sealing to acquire US-firm Sil-Pro

Trelleborg Sealing Solutions has signed an agreement to acquire Sil-Pro, a U.S.-based privately-owned contract manufacturer of high-tolerance silicone and thermoplastic components, to strengthen its positions in attractive market segments. With head office and...

Global rubber gloves market forecast to grow 8%

The global rubber gloves market is anticipated to witness a compound annual growth rate of 7.95% during the period of 2018 to 2013 to reach a total market size of US$3.714 billion by 2023, increasing from US$2.347 billion in 2017, according to estimates made by...

Indian tyre stocks fall on rising oil prices

Rising crude oil prices, rupee depreciation, fresh trade tension between the US and China, the electoral setbacks received by the BJP in Karnataka and UP etc contributed to a 2% to 13% fall in the stock prices of Indian tyre majors Following the downtrend on the...

SBR market volume to increase by 2% till 2025

A recent market study by Ceresana has stated that the global market volume of Styrene-butadiene rubber (SBR) to increase by two percent until 2025. The SBR is mainly found in vehicle tyres and is the best-selling synthetic rubber. The world consumption of SBR amounts...

Indian rubber industry losing momentum: RRII study

The Indian rubber industry is losing its momentum and its contributions to the economy are on the decline in recent years ever since the industry started to become overly dependent on imported NR, reveals a study conducted by the Rubber Research Institute of India...

Tyre stocks gain on positive economic outlook

By Sharad Matade: RBI’s forecast of lower inflation and higher growth projection, a normal monsoon predicted by IMD etc boosted sentiments on the bourses and raised stocks of Indian tyre majors by 4.30% to 21% Following the bullish market in April 2018, stocks of most...