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Prices of rubber surge due to floods in Malaysia; Top Glove remains optimistic

Prices of rubber surge due to floods in Malaysia; Top Glove remains optimistic

A large-scale flood in Malaysia, the biggest in years, have sent price of rubber surging, affecting some businesses, and not some. The world’s largest rubber glove...

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Desma banks on auto sector for growth in Asia

Desma banks on auto sector for growth in Asia

Rubber injection moulding machinery manufacturer Klöckner Desma Elastomertechnik expects in three years that its market share in Asia will be upped to 50% of its turnover...

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World total rubber demand to increase, predicts report

World total rubber demand to increase, predicts report

The newly-released World Rubber Industry Outlook has predicted that world total rubber demand is forecast to increase at 1.8% and 4.1% in 2015 and 2016 respectively...

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Asian rubber sector looks forward to yearly gains after 2014

Asian rubber sector looks forward to yearly gains after 2014

Asia is a dominant region in terms of global rubber output and consumption. The bloc accounted for about half of the global rubber consumption and close to half of the global output in 2012...

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Tyres making strides in growing Asian economies

Tyres making strides in growing Asian economies

Growing population and rising economic conditions stimulate tyre demand. Asia Pacific region is predicted to lead in scaling up tyre demand further. ExxonMobil Chemicals in its report...

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A year of safety recalls

A year of safety recalls

The automotive industry has been up against challenging episodes in the outgoing year of 2014, and not only with vulnerable sales and production woes. What has tainted its rosy prospects is...

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Guayule rubber in full throttle

Guayule rubber in full throttle

Finally, the development on the guayule shrub as a rubber alternative has come full circle, with tyre giants starting to roll out tyres made from the much-awaited plant rubber, to reduce the ...

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Is Malaysia losing its hold on the glove market?

Is Malaysia losing its hold on the glove market?

Demand for rubber gloves will continue to grow; yet changing market needs may test the resiliency of the world’s largest rubber gloves producer, Malaysia, to remain in the lead, says...

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Asian Rubber: Thriving against rubber volatility

Asian Rubber: Thriving against rubber volatility

Given that rubber is a volatile commodity, the Asian bloc, being the world’s largest rubber supplier is not spared from the travails of high inventories, unpredictable demand, and price swings...

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Recycled carbon black to power electric vehicles?

Recycled carbon black to power electric vehicles?

Yes, the possibility of recycled carbon black being used to power electric vehicles could be a reality. Old tyres have never had it so good. In a bid to divert them from the landfills, tyres are...

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Gripping opportunities in a niche market

Gripping opportunities in a niche market

The gloves sector is facing challenging times, with demand declining and an oversupply situation expected, though Malaysia, the largest exporter of gloves, maintains an optimistic view. Meanwhile...

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Tyre sustainability with nanomaterials

Tyre sustainability with nanomaterials

Tyre demand is expected to reach 2.9 billion units or US$276 billion in 2017. With this huge demand, tyre companies weigh upon the availability of feedstock, costs of materials, as well as...

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Latest Headlines

World Rubber Week 2015 Casts Spotlight on three key events

January 29, 2015
World Rubber Week 2015 Casts Spotlight on three key events

Singapore– Leaders, stakeholders and experts from the global rubber industry will congregate in Singapore at the World Rubber Week 2015, to be held at the Singapore EXPO Convention & Exhibition Centre and MAX Atria @ Singapore EXPO from 24 –…

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Butadiene prices drop further

January 29, 2015
Butadiene prices drop further

Butadiene prices are dropping. This is due to sharp declines in crude oil prices, continued soft demand for synthetic rubber and new butadiene capacities led to prices for the monomer touching a new low in FY15, the Indian petrochemicals group…

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Continental Automotive agrees it’s guilty for bid rigging in the US

January 29, 2015
Continental Automotive agrees it’s guilty for bid rigging in the US

South Korean parts makers Continental Automotive Electronics LLC and Continental Automotive Korea Ltd have agreed to plead guilty and pay $US 4 million for rigging bids for instrument panel clusters sold to car makers which come with a, the Justice Department…

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Mahindra & Mahindra closer to acquire stake in Saab Automotive

January 29, 2015
Mahindra & Mahindra closer to acquire stake in Saab Automotive

India’s largest maker of utility vehicles and tractors Mahindra & Mahindra, is close to successfully acquiring a stake in the company that owns Swedish auto maker Saab Automoive, the Dow Jones Newswires reported, citing court documents. National Electric Vehicle Sweden is owned by National Modern…

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Silicone Molding Technology For Medical Devices to be introduced at event

January 29, 2015
Silicone Molding Technology For Medical Devices to be introduced at event

Silcotech, a leader in liquid injection molding (LIM) technologies, will be showcasing with Dow Corning at MD&M West 2015, a step-change in liquid silicone rubber (LSR) processing made possible, in part, by Dow Corning’s LSR technology. MD&M West is taking…

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2015 Market Research Report released

January 29, 2015
2015 Market Research Report released

The 2015 Market Research Report has just been released. The 2015 Market Research Report on Global Butadiene Rubber Industry is a professional and in-depth research report on the global butadiene rubber industry. For overview analysis, the report introduces butadiene rubber…

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Expert committee formed to review issues of rubber production and import

January 28, 2015
Expert committee formed to review issues of rubber production and import

The Commerce Ministry has set up an expert committee to examine the issues of the rubber industry such as production and imports. The government is also in the process of formulating a National Policy for rubber sector to address issues…

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Rubber Planters Assembly, made up of 15 rubber planters groups, formed

January 28, 2015
Rubber Planters Assembly, made up of 15 rubber planters groups, formed

“Fifteen rubber planters’ groups have merged to create the Rubber Planters’ Assembly to solidify their positions and unify demands. Uthai Sornlaksap, leader of the rubber planters’ network, will become acting chairman of the new body. Representatives of the groups made…

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Soros may invest in auto dealer groups

January 28, 2015
Soros may invest in auto dealer groups

Billionaire financier George Soros wants to invest in or buy a large automotive dealership group, potentially following in the footsteps of Warren Buffett, Automotive News reported. Two representatives of Soros Fund management, which Soros chairs, attended the National Automobile Dealers…

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Novelis invests US$48 MIL in automotive scrap recycling facility

January 28, 2015
Novelis invests US$48 MIL in automotive scrap recycling facility

US aluminium sheet maker Novelis said Monday it had invested $48 million investment in its automotive scrap aluminium recycling facility in Oswego, New York. The company said the Oswego facility would meet increased demand for aluminium automotive sheet in North…

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International Rubber Prices
(as of 02 January 2015)

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


Source: India Rubber Board

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PRA ELECTRONIC ISSUE 2014
November/December Issue

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