Industry News

India mulling anti-dumping duty on truck, bus radial tyres from China

July 26, 2017
India mulling anti-dumping duty on truck, bus radial tyres from China

India’s Commerce Ministry is planning on imposing anti-dumping duty on truck and bus radial (TBR) tyres from China to protect domestic rubber players from cheap imports. “As per information received from Rubber Board, Ministry of Commerce & Industry, imposition of…

Read more »

Continental CST adds two new field engineers to American regions

July 26, 2017
Continental CST adds two new field engineers to American regions

Continental Commercial Specialty Tires (CST) has expanded its workforce and added two new field engineers to support the business in USA, Canada, South America and Mexico. The two new field engineers in the Americas will be involved with OTR (Earthmover),…

Read more »

Hyundai Motor to increase local SUV production with Chongqing plant

July 24, 2017
Hyundai Motor to increase local SUV production with Chongqing plant

Hyundai Motor began production at its fifth passenger car plant at Chongqing, in China, to meet the demands of the rapid-growing car market. The new plant is a joint venture with Hyundai’s local partner Beijing Automotive Industry Holding Co., who…

Read more »

Lexus LC 500 partners with Marvel Studios’ Black Panther

July 24, 2017
Lexus LC 500 partners with Marvel Studios’ Black Panther

Lexus, a luxury vehicle division of  Toyota, and Marvel have announced a collaboration at the brink of the opening of Comic-Con to pair the first ever 2018 Lexus LC with Marvel’s Black Panther character in the highly anticipated film, Marvel…

Read more »

Kossan Rubber aims to automate plants, lessen headcount by 2020

July 24, 2017
Kossan Rubber aims to automate plants, lessen headcount by 2020

Kossan Rubber Industries Bhd, a Malaysian manufacturer of disposable latex gloves, is looking to automate its plants and complete the overhaul by the year 2020. Higher automation means less dependence on the uncertain — chief of which is availability of…

Read more »

Malaysia’s rubber export industry moving toward high-value engineering

July 24, 2017
Malaysia’s rubber export industry moving toward high-value engineering

Malaysia’s Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said the country’s rubber export industry is now moving toward high-value precision engineering, with structural bearings export rising by 36.2% to RM14.14 million in 2016 from RM10.38 million in…

Read more »

Michelin Thailand launches limited edition Multi Z+ truck tyre

July 24, 2017
Michelin Thailand launches limited edition Multi Z+ truck tyre

Ten thousand units of the limited edition truck tyre Michelin X Multi Z+ has been launched recently by Michelin Thailand in order to gauge market reception and potential for local production at its Nong Khae Saraburi and Laem Chabang production…

Read more »

Mubadala invests in Nexen Tire as part of strategic partnership

July 21, 2017
Mubadala invests in Nexen Tire as part of strategic partnership

Mubadala Investment Company (Mubadala), the Abu Dhabi strategic investment fund, has made a direct investment in South Korean tyre firm Nexen Tire as part of their agreement to explore strategic partnership opportunities. Nexen Tire is one of the fastest growing…

Read more »

India may impose anti-dumping duty of up to US$266 per tonne of SBR

July 21, 2017
India may impose anti-dumping duty of up to US$266 per tonne of SBR

The government of India may impose anti-dumping of up to US$266 per tonne on a certain type of synthetic rubber imported from EU, Korea and Thailand, and used in items like footwear and conveyor belts. The imposition of the duty…

Read more »

Malaysia, Thailand, Indonesia consider cutting rubber exports

July 21, 2017
Malaysia, Thailand, Indonesia consider cutting rubber exports

Malaysia, Thailand and Indonesia are looking to reduce rubber exports soon in order to stabilise the 40% plummet in rubber prices, according to Malaysia’s Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong. Since January until now, he noted…

Read more »

PLASCOM-banner

Join Our Mailing List

Enter your email address:

Delivered by FeedBurner

International Rubber Prices
(as of 25, July 2017)

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

Automotive

PRA ELECTRONIC ISSUE 2017
June/July 2017 Issue

Click here & browse