23 4.2.1 Short Term… 23 4.2.2 Medium Term… 23 4.2.3 Long Term… 24 Exhibit 1 Nova Corporation’s Five Years Financial Review… 25 Exhibit 2 H-NBR Market Forecast… 26 Exhibit 3 Specialty Component of Rubber Business… 27 Exhibit 4 The Major International Producers of NBR in 1988… 28 Exhibit 5 Polysar Organization… 29 Exhibit 6 H-NBR Market
(Chemistryexplained.com, 2016). Nowadays, polymer and plastic demand is even higher than that of copper, aluminium, and even steel, due to their versatile applications in many different industries (Matse1.matse.illinois.edu, 2016). Polymer synthesis can be either synthetic or natural, and can produce many forms of polymers, depending on the involved monomers, and the intended purpose for said polymers (Essentialchemicalindustry.org, 2016). This process involves three main steps, initiation or separating of the double
Company produced rubber, belts for machinery and cables for telegraphy until twentieth century. Afterward, first car tire was patented, and Pirelli started to produce them in 1901. In 2005 Pirelli stopped to produce cables and totally focused on tire industry. Pirelli produces
industry compete with each other in term of price, quality, availability of raw materials, and strategic location of production facilities. (Market line, 2015) Balkrishna Industries, CEAT, TVS Srichakra, JK Tyre & Industries, PTL Enterprises and Elgi Rubber are competitors of Apollo. (Money control, 2015) MRF and JK Tire & Industries are competitors of Apollo in India. (Market line, 2015) In addition, the arrival of several numbers of multinational companies (MNC) which included Goodyear, Bridgestone
the findings to a certain extent. * The time provided was very limited. * Busy schedule of officers and employees prevented lengthy discussions. CHAPTER II PROFILE 2.1 INDUSTRY PROFILE Tyres and tubes, the strategic rubber products and basic supplements to the automotive vehicles are of utmost importance to the country’s economy. The tyre industry sector is providing direct employment to over 40,000 people and indirect employment to lakh of people. This industry sector
Learning aim A: examine common engineering processes to create products or deliver services safely and effectively as a team Engineering product: bicycle tyre Bicycle tyres are made up of a combination of rubber, nylon and bullet-proof Kevlar. Bicycle tyres are made up of several different parts. For example, the carcass gives the tyre its structure, which is a circular shape. Threads at the edges, also known as beads helps to keep the tyre on the rim. The tread on the outer layer gives the tyre
bounds to become the world's largest rubber glove manufacturer. Top Glove places customer satisfaction at the very heart of its business; hence has put a great deal of emphasis on research and development to ensure continual improvement in its product quality and production efficiency. In order to stay ahead of the curve in product development, it collaborates closely with government agencies and ministries to keep itself abreast of the latest development in rubber research technology. It has now earned
solutions to social and environmental problems (Francesch-Huidobro & Woo, 2009), Green Rubber Global (GRG) was established around the invention of an environmentally friendly reactant and process to recycle rubber (refer to appendix 1). DeLink, the reactant, can be used to break down
and petroleum. The United States, at the beginning part of WWII, caught off guard by one resource shortage that without we could not win the war. Rubber was one of the strategic materials in WWII that made it the first mechanize mobile war ever. After Pearl Harbor, the Japanese capture Singapore, which was the United Sates number one ally for natural rubber. The loss of Singapore brought the Nation to its first real
Christopher Columbus was probably the first European to handle rubber. Rubber has been used by the Haitian for centuries. In 1819 Thomas Hancock discovered that latex rubber can be masticated, but unfortunately mastication deprived rubber of its elastic qualities. Charles Goodyear has discovered vulcanization in 1839, which solved the problem and also kept rubber products from becoming tacky. Hence the commercial uses of rubber multiplied greatly. Shortly thereafter, the rise of the automobile