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May 29, 2024

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Maplan opens new manufacturing facility in Gujarat

Maplan GmbH, an Austrian elastomer injection moulding machines and cold runner blocks manufacturer, has inaugurated and opened a new manufacturing facility in Ahmedabad, Gujarat, India. The facility, located...

ReTyre Ltd Signs MOU with IRMRI

IRMRI, formerly known as the Indian Rubber Manufacturers Research Association, a department of the Indian Ministry of Commerce, has signed an agreement with ReTyre Bharat Pvt. Ltd, the...

Nirmala Sitharaman hints at reconsidering 45-day payment rule for MSMEs

Finance Minister Nirmala Sitharaman on May 28 hinted at the possibility of the government reconsidering changes made to the income tax rules mandating payments to micro, small and...

MSMEs have not been defined well and micro enterprises pay the price for this

The recent back and forth over an order demanding timely payments to MSMEs has once again revealed the gaps in knowledge about the structure as well as the...

DuPont to split into three companies

DuPont Co., an iconic maker of rubber, plastics and chemicals, is splitting into three publicly traded companies. Officials with DuPont in Wilmington, Del., announced the split May 22....

Research study: R&D spending jumps 20% in rubber, plastics industries

The U.S. plastics and rubber industries have increased their research and development spending by about 20 percent over this time last year, according to data from Source Advisors....

Continental tests CO2-neutral production at Lousado tire plant

Continental has initiated CO2-neutral tire production at its Lousado plant in Portugal, as part of its goal of achieving completely CO2-neutral production by 2040. The Lousado plant has...

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