Industry News

Cooper Standard to divest AVS business to Continental

November 12, 2018
Cooper Standard to divest AVS business to Continental

Michigan-headquartered global supplier of systems and components for the automotive industry, Cooper Standard,is divesting its anti-vibration systems (AVS) business to Continental AG. Continental AG will purchase substantially all of Cooper Standard’s anti-vibration business in France and its respective interest in…

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Industry leaders form platform for sustainable rubber

November 8, 2018
Industry leaders form platform for sustainable rubber

Natural rubber stakeholders gathered for the ceremonial launch of the Global Platform for Sustainable Natural Rubber (GPSNR). The independent platform aims to improve socio-economic and environmental performance of the natural rubber value chain. Stakeholders included tyre manufacturer, other rubber users,…

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Voronezh tyre factory set to expand

November 1, 2018
Voronezh tyre factory set to expand

Rostec and Pirelli Tyre Russia have signed an agreement to expand production capacity of the Voronezh tyre factory. The production volume double from 2 million to 4 million units per year, in accordance with increasing growth in Russian and international…

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Relief package put together for rubber industry loss in Kerala floods

October 30, 2018
Relief package put together for rubber industry loss in Kerala floods

The Indian Rubber Board has submitted a US$33.5 million relief package to compensate for the devastating Kerala flood losses caused to the sector. According to D Anandan, chairman and secretary of the board, the damages are in the form of…

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Industry leaders form platform for sustainable rubber

October 26, 2018
Industry leaders form platform for sustainable rubber

Natural rubber stakeholders gathered for the ceremonial launch of the Global Platform for Sustainable Natural Rubber (GPSNR). The independent platform aims to improve socio-economic and environmental performance of the natural rubber value chain. Stakeholders included tyre manufacturer, other rubber users,…

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Self-lubricated condoms developed for comfort and functionality

October 25, 2018
Self-lubricated condoms developed for comfort and functionality

Scientists have created self-lubricating latex condoms that become slippery on contact. The researching team, supported by the Bill and Melinda Gates Foundation, designed a special, durable coating that should last throughout intercourse.They hope it will make condoms more appealing to…

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Michelin announces expansions on Candian site

October 25, 2018
Michelin announces expansions on Candian site

Michelin North America reported two new projects at its site in Michelin Pictou County. Operations on a new Michelin winter tyre line, as well as the North American launch of an innovative process for semi-finished materials, is set to begin…

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Cambodian rubber exports surge as the price of rubber drops

October 24, 2018
Cambodian rubber exports surge as the price of rubber drops

Cambodian rubber exports increased 22% during the first nine months of the year, compared to the same period last year, according to the Ministry of Agriculture. Local producers exported 140,303 tonnes of rubber during the period, an increase of 25,240…

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Camso opens new facility in Iowa

October 22, 2018
Camso opens new facility in Iowa

Camso recently celebrated its new manufacturing facility in Peosta, Iowa with its employees, family, members of the community, customers, partners, and the media. The new building features and expansive 240,000 sqf layout, and guests were able to watch the assembly…

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Michelin revises market forecast based on EU emissions squeeze, China slowdown

October 22, 2018
Michelin revises market forecast based on EU emissions squeeze, China slowdown

French tyre maker Michelin has revised the full-year forecasts for the global tyre market, warning that a sales slowdown could worsen in the fourth quarter, against the back of slower demand from China’s car market and new emissions standards in…

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Rubber Prices
(Last Updated: 12 Nov 2018)

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


Source: Latex India

Automotive

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