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Continental has at least EUR3 billion for acquisitions: CFO

Continental has at least EUR3 billion for acquisitions: CFO

Germany’s Continental has at least EUR3 billion (US$3.53 billion) ready for acquisitions to expand into growing automotive markets led by Asia...

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Malaysian glove companies to increase prices, expect record revenue of RM16.2 billion

Malaysian glove companies to increase prices, expect record revenue of RM16.2 billion

MargmaMalaysian glove manufacturers will raise the prices follow a hike in energy costs and raw materials while it also sees a record revenue of RM16.2bil for 2017 on strong demand...

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Smart tyres come of age

Smart tyres come of age

Smart tyre developments are driving forward the future of the mobility ecosystem. Connected cars are nothing without smart tyres. Dramatically having evolved from the 19th century...

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Latex Industry: Asia cultivates an efficient rubber production

Latex Industry: Asia cultivates an efficient rubber production

The region’s rubber sector has a blueprint of strategies to hedge it against falling prices and struggling output. Prices under the weather. World demand for rubber has...

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Malaysia’s glove sector: in a quiet revolution with automation/Industry 4.0

Malaysia’s glove sector: in a quiet revolution with automation/Industry 4.0

The world’s largest producer of rubber gloves is getting a hold of competition, wage hikes and volatile currency, with capacity expansions through automation...

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Green Rubber: New biorubber tyres with a greener footprint

Green Rubber: New biorubber tyres with a greener footprint

R&D efforts and partnerships are keeping pace with the clamour for renewable-sourced rubber for tyres, says Angelica Buan in this report. From guayule to soy beans...

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Latest Headlines

Evonik launches Ultrasil 7800 Gr to optimise production of green tyres for SUVs and all-season tyres

January 17, 2018
Evonik launches Ultrasil 7800 Gr to optimise production of green tyres for SUVs and all-season tyres

Green Tyres have proven particularly resource-efficient for cars, where Evonik’s Silica/Silane technology can achieve fuel savings of up to eight %. By developing Ultrasil 7800 Gr, a silica with a customized surface area that meets the extreme demands of SUV…

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Chinese car manufacturer Chery to use Nvidia’s self-driving technology

January 17, 2018
Chinese car manufacturer Chery to use Nvidia’s self-driving technology

Nvidia Corp announced recently that China’s Chery Automobile Co would use its self-driving technology that it has developed with Baidu and ZF Friedrichshafen AG. Chery will be the first Chinese carmaker to adopt the new system, Nvidia said. Chinese internet…

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GM’s 2018 earnings outlook above market expectations

January 17, 2018
GM’s 2018 earnings outlook above market expectations

General Motors Co shares rose on recently after the company said 2018 earnings will be largely flat compared with 2017 and forecast higher profits in 2019 when its revamped line of high-margin pickup trucks hits the U.S. market. The 2018…

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Continental not eyeing major takeover deals this year despite having US$6 billion to spend

January 17, 2018
Continental not eyeing major takeover deals this year despite having US$6 billion to spend

German automotive supplier Continental has around EUR4 billion to EUR5 billion euros (up to US$6 billion) that they can spend, but is not eyeing big takeover deals this year, its chief executive said. The company has been seeking to beef…

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Halcyon Agri set to become world’s largest producer of standard Indonesian rubber

January 15, 2018
Halcyon Agri set to become world’s largest producer of standard Indonesian rubber

Halcyon Agri Corporation Limited, one of the world’s largest natural rubber supply chain managers, has signed a conditional sale and purchase agreement in respect of the proposed acquisition of PT Sumber Djantin and PT Sumber Alam for S$105.3 million. Upon…

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The expansion of rubber plantations in India threatens forest

January 15, 2018
The expansion of rubber plantations in India threatens forest

Scientists are warning that the increasing number of rubber plantations across India’s north-eastern states may threaten the traditional rich diversity of the region’s forests as has happened across Southeast Asia. The researchers at the North Eastern Space Applications Centre (NESAC)…

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Top Glove to Complete Aspion purchase in April

January 15, 2018
Top Glove to Complete Aspion purchase in April

Top Glove Corporation Bhd’s RM1.37 billion acquisition of surgical glove producer Aspion Sdn Bhd shall be concluded in April 2018, said its Executive Chairman, Tan Sri Dr Lim Wee Chai. He said a circular and an extraordinary general meeting (EGM)…

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Felda settlers told to give full support to improve institution

January 15, 2018
Felda settlers told to give full support to improve institution

Malaysian politician Datuk Seri Mohamed Khaled Nordin urged Federal Land Development Authority (Felda) settlers to give their full support to bring the institution back its glory days. He said Felda had succeeded in proving that it was not a bankrupt…

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Malaysia’s commodity crop export tops RM140 billion

January 12, 2018
Malaysia’s commodity crop export tops RM140 billion

Malaysia’s commodity crop exports for last year are expected to surpass RM140 billion as the average palm oil and rubber pricing was slightly higher than in 2016. “In the first 10 months of last year, we earned RM116.8 billion in…

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Malaysian government delivers aid to farmers affected by the monsoon

January 12, 2018
Malaysian government delivers aid to farmers affected by the monsoon

Malaysian Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong recently said that the Government’s Monsoon Season Aid (BMT) of RM200 per month in November 2017 to January 2018 has benefitted 440,000 small farmers and rubber tappers. Mah said…

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International Rubber Prices
(as of 16, January 2018)

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 2017 Yearender Edition

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