Industry News

Sumitomo Chemical, Zeon S-SBR JV to begin operations in April

March 24, 2017
Sumitomo Chemical, Zeon S-SBR JV to begin operations in April

A new joint venture between major Japanese chemical company Sumitomo Chemical Co., Ltd. and Japanese chemicals manufacturer Zeon Corporation that consolidates that two companies’ solution styrene-butadiene rubber (S-SBR) business units will begin its operations on April 3, 2017. The two…

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Tyre manufacturers, suppliers participate in Tyrexpo, GarageXpo Asia 2017

March 24, 2017
Tyre manufacturers, suppliers participate in Tyrexpo, GarageXpo Asia 2017

Tyrexpo Asia 2017 and GarageXpo Asia 2017 ended on a high note with positive feedback from the thousands of visitors and hundreds of exhibitors from numerous countries all over the world...

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IEAT’s Rubber City in need of more skilled workers

March 22, 2017
IEAT’s Rubber City in need of more skilled workers

Rubber City, a rubber industrial estate being developed by the Industrial Estate Authority of Thailand (IEAT), is teaming up with the country’s Labour Ministry to recruit skilled workers. The IEAT will also collaborate with educational institutes to produce skilled vocational…

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Top Glove aims to improve performance despite expected market challenges

March 20, 2017
Top Glove aims to improve performance despite expected market challenges

Malaysian rubber glove manufacturer Top Glove Corporation, the world’s largest rubber glove producer by volume, is aiming to improve its performance in the coming months despite the expected challenges in the market as higher input costs drag its fiscal second-quarter…

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India’s RRII inaugurates international natural rubber clone museum

March 20, 2017
India’s RRII inaugurates international natural rubber clone museum

The Diamond Jubilee Block at the Rubber Research Institute of India (RRII), where the Advanced Centre for Molecular Biology & Biotechnology (ACMBB) is going to function, was recently inaugurated by Rita Teaotia, the secretary of the Department of Commerce in…

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Apollo Tyres APMEA president Satish Sharma elected as ATMA chairman

March 20, 2017
Apollo Tyres APMEA president Satish Sharma elected as ATMA chairman

Apollo Tyres’s Satish Sharma, president for Asia Pacific, Middle East & Africa (APMEA) unit, has been elected as the next chairman of tyre industry body Automotive Tyre Manufacturers Association (ATMA). Satish has held important portfolios in his two decades in…

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Semperit, Sri Trang finalise demerging of almost all joint ventures

March 17, 2017
Semperit, Sri Trang finalise demerging of almost all joint ventures

Austria-based industrial rubber and plastics manufacturer Semperit Group and Thai natural rubber company Sri Trang Agro-Industry Public Co Ltd. Group have finalised the demerging of almost all of their joint ventures as agreed upon earlier this year. Semperit takes over…

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Yokohama expands commercial tyre business with Aichi Tire acquisition

March 17, 2017
Yokohama expands commercial tyre business with Aichi Tire acquisition

Tokyo, Japan-based tyre manufacturer Yokohama Rubber Company has successfully completed its acquisition of Japanese industrial tyre maker Aichi Tire Industry Co. as part of its strategy to expand in the commercial tyre business. The expansion in the commercial tyre sector,…

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Malaysian rubber exports expected to rise by 7% in 2017

March 17, 2017
Malaysian rubber exports expected to rise by 7% in 2017

The government of Malaysia is set on continuing its initiatives to strengthen the global market for rubber and palm oil as exports of the two commodities are expected to increase by 7% and 4%, respectively, said Malaysia’s Plantation Industries and…

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Doublestar strikes deal with Kumho Tire

March 16, 2017
Doublestar strikes deal with Kumho Tire

China’s Qingdao Doublestar Co. has signed an agreement with South Korean tyre maker Kumho Tire creditors to buy a 42% stake worth US$830 million. With this deal, Doublestar could become China’s largest tyre maker and in the running as the top…

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International Rubber Prices
(as of 23 March 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

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PRA ELECTRONIC ISSUE 2017
March-April Issue

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