Industry News

High strength, crack resistant rubber developed

May 23, 2018
High strength, crack resistant rubber developed

A new polymer, using advanced synthetic technology for macromolecular conjugates has been developed by Bridgestone Corporation. Combining rubber and resin at a molecular level, Bridgestone has become the first in the world to develop what it calls High Strength Rubber…

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Kossan targets halal cert for second factory this year

May 23, 2018
Kossan targets halal cert for second factory this year

Malaysian glove manufacturer Kossan Rubber Industries Bhd is in the midst of securing Halal certification for a second plant in Klang, expected to be finalised by year-end. The second plant is expected to produce 1.2 billion pieces of Halal-compliant gloves each…

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Butyl rubber market to total US$4 bn by 2025

May 21, 2018
Butyl rubber market to total US$4 bn by 2025

The global butyl rubber market is expected to grow at a CAGR of 4.7%, from 2017-2025, and reach a market valuation of over US$4 billion by the end of 2025, according to a report by Persistence Market Research. The rise…

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Toyota Research Institute to open automated vehicle test facility in the US

May 21, 2018
Toyota Research Institute to open automated vehicle test facility in the US

The Toyota Research Institute (TRI) is constructing a closed-course test facility to develop automated vehicle technology at the Michigan Technical Resource Park (MITRP) in Ottawa Lake. Operational this October, the new site will be used exclusively by TRI to safely…

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Tyre industry in Sabah to be developed

May 21, 2018
Tyre industry in Sabah to be developed

Junz Wong, the new Agriculture and Food Industries Minister of Sabah state in Malaysia, appointed recently as a result of Malaysia’s latest elections, plans to develop the tyre industry in the East Malaysian state. This move is to help rubber…

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Denka to increase production of CR by 10,000 tonnes

May 18, 2018
Denka to increase production of CR by 10,000 tonnes

Japanese firm Denka Co. Ltd., recently revealed plans to deal with globally tight supply for Chloroprene Rubber (CR), and to increase its production of CR by 10,000 tonnes. Plans include resuming operations at its domestic Omi Plant and removing bottlenecks…

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Hankook acquires digital solutions company

May 16, 2018
Hankook acquires digital solutions company

South Korean tyre company Hankook Tire has acquired a 75% share of Model Solution, a South Korea-based digital prototype solution company, for US$62 million. The acquisition is in line with the company’s strategy to secure new growth engines by aggressively…

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Phillips Carbon Black to set up plant in Tamil Nadu

May 14, 2018
Phillips Carbon Black to set up plant in Tamil Nadu

RP-Sanjiv Goenka Group heavy engineering outfit Phillips Carbon Black (PCBL) is setting up a greenfield manufacturing unit near Ennore in Tamil Nadu with an investment of Rs 600 crore. The chairman of the group, Sanjiv Goenka, told reporters here that the…

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Boy’s UV-cured silicone processing allows for new material additives

May 7, 2018
Boy’s UV-cured silicone processing allows for new material additives

Dr Boy, German injection moulding machine maker, says it has improved the processing of silicones with an 8 mm-size silicone unit on its Boy XS machine. It will present its latest technology at the German Rubber Conference in Nuremberg, that…

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Rubber cultivation replacing cocoa farms in Eastern Region of Ghana

May 7, 2018
Rubber cultivation replacing cocoa farms in Eastern Region of Ghana

President of Concerned Farmers Association of Ghana, Nana Opanbour Bonsu II has expressed dissatisfaction over the clearing of cocoa trees for the cultivation of rubber in cocoa communities in the Eastern Region. He was speaking at an Agric Dialogue Series…

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International Rubber Prices

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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