TOP STORY

Synthetic Rubber: US market; Trade war is not the sector’s waterloo

e US-China trade war is expected to leave many industries wounded. Nevertheless, the US synthetic rubber sector has remained unscathed and has stayed on a growth path...

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World Rubber Summit 2019: New paths for the rubber economy

Getting a firm grip on the successful adoption of innovation and technology transfer in the industry will be a key thrust in driving the agenda at World Rubber Summit 2019...

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Tyrexpo Asia 2019 takes pole position in attracting the automotive ecosystem

Asia’s most well-attended and go-to sourcing platform revs up momentum this year...

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Driving millennials more familiar with emojis than tyre warning light – study

The study conducted by Zeno Research & Insights, involved an online survey among 1,075 US adults aged 18+ who have a driver's license and access to a vehicle.

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Latex: Sustainable rubber against commodity-driven deforestation

As the global natural rubber market hits record growth, how does this relate to the environment? Experts and tyre companies weigh in on the environmental impact of rubber demand to work on solutions..

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Synthetic Rubber: The billion dollar synthetic rubber industry

Hit by trade wars and economic volatilities, the synthetic rubber sector is anchoring in the robust automotive sector to stay afloat...

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Latest Headlines

Indonesia, Thailand, Malaysia ally to address falling rubber prices

March 25, 2019
Indonesia, Thailand, Malaysia ally to address falling rubber prices

Indonesia is among the biggest producers of rubber next to Thailand, Malaysia and China; however, Indonesian rubber farmers have been hit by low prices since late 2018, prompting the government to find ways to stabilise rubber pricesby forging cooperation with…

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GPSNR forms executive committee to boost value of natural rubber

March 25, 2019
GPSNR forms executive committee to boost value of natural rubber

Natural rubber stakeholders convened in Singapore on March 21, 2019 for the inaugural General Assembly of the Global Platform for Sustainable Natural Rubber (GPSNR) – an independent platform that will lead improvements in the socio-economic and environmental performance of the…

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New C-Check measuring system for tyre production

March 25, 2019
New C-Check measuring system for tyre production

A new non-contact C-Check system has been introduced designed for in-line conductivity measurement of chimney strips directly after the extrusion process. Available from Germany machinery firm KraussMaffei Berstorff, it enables in-process detection of material defects and transmits a warning signal…

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Kraton to construct TPE latex unit in Brazil

March 22, 2019
Kraton to construct TPE latex unit in Brazil

Kraton Corporation, formerly Kraton Performance Polymers, has approved of the construction of a semi works latex unit in Paulinia, Brazil, which is scheduled to complete by early 2020 and ready for commissioning by the second quarter of 2020. Kraton is…

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Firestone’s Liberian plant laying off 800 workers

March 21, 2019
Firestone’s Liberian plant laying off 800 workers

Firestone Natural Rubber Company – the biggest employer in Liberia’s private sector – will be laying off 13% of its workforce or around 800 Liberian employees over the second quarter of 2019. Headcount reductions will include retirements, the discontinuation of…

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Goodyear to upgrade plants in Germany; laying off 1,000 jobs

March 21, 2019
Goodyear to upgrade plants in Germany; laying off 1,000 jobs

American Goodyear Tire & Rubber Co. has approved of plans to upgrade and automate two of its tyre manufacturing facilities in Hanau and Fulda, Germany, to increase production of premium tyres 17 inches in diameter and larger. The plan was…

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ICEX bargain buying on rubber likely to increase

March 21, 2019
ICEX bargain buying on rubber likely to increase

Futures contracts of rubber settled a touch higher on the Indian Commodity Exchange (ICEX) due to bargain buying by market participants following a recent fall in prices and expectations of a rise in demand from domestic tyre makers- the most-active…

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Trelleborg acquires Italy’s Provana in new market strategy

March 20, 2019
Trelleborg acquires Italy’s Provana in new market strategy

Swedish group Trelleborg has – through its Trelleborg Wheel Systems subsidiary -signed agreements and finalised the acquisitions of Provana Solutions and Provana Quality Center. Provana Solutions specialises in the distribution and service of tyres and wheels to tractor dealers and…

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China’s Doublestar to acquire Shandong Hengyu Tech in US$134 million deal

March 20, 2019
China’s Doublestar to acquire Shandong Hengyu Tech in US$134 million deal

Chinese game-player Qingdao Doublestar Group plans to acquire fellow Chinese tyre-maker Shandong Hengyu Technology Group for US$134 million (CNY899 million) in a careful expansion and capacity optimisation plan in 2019. Dongying City, Shandong-based Hengyu Technology Group – also known as…

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Singapore’s Olam International to sell off rubber business and others to reel in US$1.6 billion

March 18, 2019
Singapore’s Olam International to sell off rubber business and others to reel in US$1.6 billion

Singapore-based agriculture and food major Olam International plans to sell off four of its businesses, including rubber, over the next six years to yield an income of US1.6 billion; and to invest a further US$3.5 billion in its agriculture and…

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Rubber Prices
(Last Updated: 25 March 2019)

Monthly The prices shown above do not include VAT @4% on purchase and expenses towards packing, transportation, warehousing  and other incidentals


Source: Latex India
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