Commerce and Industry Minister Anand Sharma has announced the increase after acknowledging what has been a “long-pending demand” of the Kerala government and its local cultivators for an import duty hike on rubber.
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Asia’s tyre industry could reach U$406,431 million by 2017, says report
According to the report, major Asian tyre enterprises have been increasingly focusing on vertical expansions to buffer the impact of volatile prices of key raw materials, such as natural rubber , on the sector.
Japan’s synthetic rubber exports rising with lower yen
The current situation is a positive respite for Japanese synthetic rubber producers, who in recent years, had focused on the domestic market as the strong currency impeded their export edge.
CIO Tyres to join Tyrexpo India 2013
INDIA’s leading OTR tyre retreadin, CIO Tyres Pvt. Ltd is exhibiting at Tyrexpo India to be held 9-11 July, this year at Chennai. The firm specialises in repairing and retreading bias ply and radial OTR tyres, using Mould Cure techniques…
Conti unveils new touring tyre
The General Altimax RT43 all-season touring tyre is a result of combining two of its new technologies with their existing Replacement Tire Monitor and Visual Alignment Indicators technologies.
Protean Electric launches in-wheel electric drive system
The award winning technology is an integral part of a hybrid powertrain system when paired with a traditional internal combustion engine. It is also powerful enough to be the only source of traction drive in electric vehicles.
TrelleborgVibracoustic doubles production capacity at Chinese plant
AUTOMOTIVE anti-vibration solutions supplier TrelleborgVibracoustic (TBVC) is doubling production capacity at its Chinese facility in Yantai. TBVC supplies air springs and suspension components for the commercial vehicle market; passenger car bushings and torsional vibration dampers.
Sinopec secures stakes in Sibur
CHINA-based Sinopec is acquiring a 25% stake in Russian petrochemicals company Sibur’s nitrile rubber plant in the Siberian city of Krasnoyarsk, for US$100 million. The plant has a capacity of 42,500 tonnes, but the two companies plan to increase it…
Tokai acquires Anvis’s AVS shares
JAPANESE company Tokai Rubber Industries (TRI) is acquiring the entire shares of Germany-based Anvis Group, a manufacturer of automotive anti-vibration systems from HIG Luxembourg Holdings Eleven (90%) and Hahn (10%). Financial details were not disclosed. Anvis is a successor company…
Cobalt to produce biobutadiene in Asia, through partnerships
US-based biobased chemicals maker Cobalt Technologies says it has entered into a strategic relationship with two prominent Asian chemical companies