Industry News

India’s Rubber Board addresses growers’ worries

May 29, 2017
India’s Rubber Board addresses growers’ worries

Rubber Board, India chairman and executive director A. Ajith Kumar met with representatives from various rubber-producing societies in the country in an effort to address the concerns of growers on the restructuring of the natural rubber sector. Addressing a meeting…

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Toyo Tires participates in US National Tire Safety Week

May 29, 2017
Toyo Tires participates in US National Tire Safety Week

The National Tire Safety Week in the US, running May 28 to June 3, 2017, is designed educate motorists and spread awareness on the importance of tyre safety and proper maintenance. It is presented by the US Tire Manufacturers Association…

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Malaysia’s rubber industry urged to increase automation

May 29, 2017
Malaysia’s rubber industry urged to increase automation

Rubber industry players in Malaysia have been urged by the country’s Plantation Industries and Commodities Minister, Datuk Seri Mah Siew Keong, to focus on increasing the use of automation in order to reduce the size of the labour force. He…

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Cabot to build new fumed silica plant in Kentucky

May 26, 2017
Cabot to build new fumed silica plant in Kentucky

Cabot Corporation, a global specialty chemicals and performance materials company, will be building a new world-class fumed silica plant in Carrollton, Kentucky in the US. The new facility will allow Cabot to continue to meet the market demand for its…

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Yokohama Rubber to increase tyre output capacity in China

May 26, 2017
Yokohama Rubber to increase tyre output capacity in China

Japanese tyre company Yokohama Rubber will increase its production capacity in China for passenger car tyres to 13.6 million units a year by 2020, up nearly 50% from 9.35 million units in 2016, as it looks to boost business with…

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Top Glove to acquire two plants in US$9.06 mn deal

May 26, 2017
Top Glove to acquire two plants in US$9.06 mn deal

Malaysian rubber glove manufacturer Top Glove has announced plans to acquire two plants in a US$9.06million (RM39 million) deal as part of its efforts to achieve 30% global market share from the current level of 25%. Analysts say the deal…

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Petropolymer to build US$300mn NBR plant in Johor

May 24, 2017
Petropolymer to build US$300mn NBR plant in Johor

Malaysian glove manufacturer Petropolymer Sdn Bhd has announced its plans to build a US$300 million (RM1.29 billion) acrylonitrile butadiene rubber (NBR) facility in Pengerang, Kota Tinggi in Johor, Malaysia to keep up with the high demand for the raw material…

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RMA relaunches as US Tire Manufacturers Association

May 24, 2017
RMA relaunches as US Tire Manufacturers Association

The Rubber Manufacturers Association (RMA), the national trade association for tyre manufacturers in the US, relaunched under the brand new banner of the US Tire Manufacturers Association (USTMA).The USTMA also unveiled its rebranded and newly designed website for the new…

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Nigeria’s Edo State to give rubber sector a boost

May 22, 2017
Nigeria’s Edo State to give rubber sector a boost

Godwin Obaseki, the governor of Edo State in Nigeria, said he will boost rubber production efforts in order to increase the state’s foreign exchange earnings. According to him, rubber was a major source of foreign earnings for the country before…

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India considers repealing the Rubber Act

May 22, 2017
India considers repealing the Rubber Act

The central government of India is mulling the repeal of the Rubber Act of 1947, which is often referred to by the country’s rubber farmers as “the Constitution”.The Act has been one of the key elements regulating the rubber industry…

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International Rubber Prices
(as of 29, May 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
May 2017 Issue

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