Category: Industry News

Nynas applies for company reorganisation

Swedish chemical firm Nynas AB has filed for company reorganisation at Södertörn’s District Court. Nynas loans have not been extended by the banks. Thus, Nynas cannot pay due debts forcing the company to apply for a reorganisation of the company.…

ITRC suggests another AETS to stabilise rubber prices

Thailand, Indonesia and Malaysia, the rubber-producing countries which make up the International Tripartite Rubber Council (ITRC), could soon be implementing another round of the Agreed Export Tonnage Scheme (AETS) to steady market price of natural rubber (NR) and address unforeseen…

GRI acquires Aussie forklift tyre company

Sri Lankan tyre maker GRI has acquired Australian industrial tyre specialist Axis Tyres. The acquisition is focused on the forklift segment of Axis Industrial Tyres Pty Ltd and includes the four branches of Axis in Altona and Braeside in Melbourne, the…

IRSG calls for papers on rubber-related research

Singapore-based International Rubber Study Group (IRSG) has launched #IRSGforResearch, a call for papers for rubber-related economic research. All submissions should be sent to IRSGforResearch@rubberstudy.comnot later than 20 February 2020, it said. The aim of the award is to promote high-quality…