Industry News

Harvard researchers develop tough, self-healing rubber

August 16, 2017
Harvard researchers develop tough, self-healing rubber

A new kind of rubber that can repair itself but is also as tough as natural rubber has been developed by researchers from the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS). The researchers at SEAS are…

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ITRC to meet in Thailand to discuss price drops, export curbs

August 16, 2017
ITRC to meet in Thailand to discuss price drops, export curbs

The International Tripartite Rubber Council (ITRC), made up of the world’s top producers of natural rubber Thailand, Indonesia and Malaysia, will meet in September in Thailand to discuss the recent decline in rubber prices and possible export curbs that could…

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Bridgestone to invest over US$300 mn for two plant expansions in India

August 14, 2017
Bridgestone to invest over US$300 mn for two plant expansions in India

Multinational auto and truck parts manufacturer Bridgestone Corporation, through its subsidiary Bridgestone India Pvt. Ltd., is investing US$304.3 million for the expansion of two of its tyre plants in India. The investments for both the Pune (Chakan) and Indore (Kheda)…

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Sumitomo Rubber to produce medical rubber parts in new Slovenia facility

August 14, 2017
Sumitomo Rubber to produce medical rubber parts in new Slovenia facility

Japan-based global tyre and rubber company Sumitomo Rubber Industries, Ltd. (SRI) is expanding its global presence with the establishment of a new production facility in central Slovenia that will manufacture rubber parts for medical applications. The investment amount for the…

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Malaysia expecting record-breaking year for rubber glove exports

August 14, 2017
Malaysia expecting record-breaking year for rubber glove exports

Malaysia is anticipating a record-breaking year for its rubber glove exports sector as it showed a 25% growth to RM7.95 billion during the first six months of this year from RM5.28 billion in the same period in 2016. The country’s…

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Malaysia to conduct replanting exercise for rubber trees

August 11, 2017
Malaysia to conduct replanting exercise for rubber trees

Malaysia will be conducting a massive replanting exercise for rubber trees in order to keep up with the growing global demand for rubber wood-based furniture, worth around RM10 billion. Announcing the revival of the Malaysian rubber industry, Plantation Industries and…

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AIRIA, ICC to hold national rubber conference, ICEP next year

August 11, 2017
AIRIA, ICC to hold national rubber conference, ICEP next year

The Indian Chamber of Commerce (ICC) and the All India Rubber Industries Association (AIRIA) will be holding the National Rubber Conference – 2017 along with the International Conference and Exhibition on Polymers (ICEP) at Guwahati from February 23 to 25,…

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Cooper Tire, partners complete five-year US$6.9 mn guayule rubber grant

August 11, 2017
Cooper Tire, partners complete five-year US$6.9 mn guayule rubber grant

The five-year, US$6.9-million Biomass Research and Development Initiative (BRDI) grant, “Securing the Future of Natural Rubber—an American Tire and Bioenergy Platform from Guayule”, awarded to Cooper Tire & Rubber Company and its consortium partners, including Clemson University, Cornell University, PanAridus…

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Myanmar exports 40,000 tonnes of rubber from April to July FY17

August 9, 2017
Myanmar exports 40,000 tonnes of rubber from April to July FY17

Between April 1 to July 28 this fiscal year, Myanmar has exported 10,000 tonnes of rubber via sea route and more than 30,000 tonnes via border trade. This year Myanmar is exporting rubber to six countries, with most of the…

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Hankook Tire, two other South Korean tyre firms hit by high rubber prices

August 9, 2017
Hankook Tire, two other South Korean tyre firms hit by high rubber prices

South Korea’s largest and the world’s seventh-largest tyre manufacturer, Hankook Tire Co., as well as two other local tyre makers took a hit in the second quarter of 2017 due to higher raw material prices and poor sales of Korean…

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International Rubber Prices
(as of 21, August 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
August 2017 Issue

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