Industry News

TPC elastomers growing; demand from auto/substitution sectors

January 22, 2019
TPC elastomers growing; demand from auto/substitution sectors

The thermoplastic copolyester (TPC) elastomers market is set to witness moderate to high growth in 2019, with demand expected to surpass 180,000 tonnes, with a CAGR of 4.5% between 2019 and 2027. The demand is likely to benefit from broader…

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Thai Gov’t unrolls 20-year masterplan for rubber sector

January 16, 2019
Thai Gov’t unrolls 20-year masterplan for rubber sector

A 20-year roadmap for the rubber sector, spanning 2017 to 2036 has been launched by the Rubber Authority of Thailand, aiming to enhance rubber processing and promotion of domestic consumption. According to Yiam Thawarorit, acting Governor of Rubber Authority of…

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Enviro’s oil from end-of-life tyres can be used as fuel, says RISE

January 15, 2019
Enviro’s oil from end-of-life tyres can be used as fuel, says RISE

Sweden’s Enviro, a company developing, building and operating industrial plants for material recovery from End of Life Tyres (ELT), has formulated pyrolysis oil that can be used as fuel. That is the conclusion reached by RISE (Research Institute of Sweden)…

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Malaysian Rubber Board loses RM800 mn from land sale

January 9, 2019
Malaysian Rubber Board loses RM800 mn from land sale

The Malaysian Rubber Board (MRB) is reported to have incurred losses estimated at RM800 million, following a land sale in Sungai Buloh. This was recently disclosed by Primary Industries Minister Teresa Kok Suh Sim, according to Bernama. She said the…

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Vietnam rubber export’s wins and losses in 2018

January 8, 2019
Vietnam rubber export’s wins and losses in 2018

According to reports, quoting the Vietnam Rubber Association, Vietnam has shipped an estimated 1.6 million tonnes of rubber or over US$2 billion in 2018, up 14.5% in volume but down 6.1% year-on-year in value. In December, the country exported 190,000…

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Marangoni Tread North America to expand plant in Tennessee

January 7, 2019
Marangoni Tread North America to expand plant in Tennessee

Marangoni Tread North America, a full-service retread products supplier, is expanding its tread manufacturing plant in Tennessee, US to boost manufacturing capacity for current products, as well as that of a new line targeted for the second quarter of 2019.…

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Continental unveils new dandelion natural rubber factory in Germany

December 12, 2018
Continental unveils new dandelion natural rubber factory in Germany

Continental has just opened a research laboratory in Anklam, Germany, for their new innovative dandelion-plant based natural rubber. The company is the first in the world heavily invest in industrialising dandelion rubber. The new research laboratory, covering an area of…

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Wynnchurch Capital acquires Buchanan Rubber as part of growing distribution platform

December 12, 2018
Wynnchurch Capital acquires Buchanan Rubber as part of growing distribution platform

Chicago-based middle-market private equity investment firm Wynnchurch Capital has completed the acquisition of Buchanan Rubber Ltd, a Canadian leading distributor of industrial hoses, couplings, and sheet rubber. Buchanan will be part of a growing distribution platform that includes Anderson Metals,…

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SEA rubber producers to gather and discuss falling prices

December 10, 2018
SEA rubber producers to gather and discuss falling prices

Rubber producers from Thailand, Malaysia, and Indonesia will meet on the December 16 to discuss ways to improve current prices, including potentially curbing exports. Representatives from the three countries which comprise the International Tripartite Rubber Council (ITRC) will meet in…

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Nokian heavy tyres plans new R&D facility in Finland

December 6, 2018
Nokian heavy tyres plans new R&D facility in Finland

In 2019, Nokian Heavy Tyres will build a new research and development centre in Nokia, Finland. The modern R&D centre accelerates the testing phase of new tyre models, maintaining the premium quality that Nokian Tyres has been known for 120…

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Rubber Prices
(Last Updated: 22 Jan 2019)

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


Source: Latex India
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