Industry News

Aditya sells carbon black unit to group company

April 11, 2013
Aditya sells carbon black unit to group company

Indian firm Aditya Birla Nuvo has decided to sell its carbon black business to a group company, SKI Carbon Black (India), for about US$26 million as part of its plan to exit the business in the near future. An option…

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KKR to acquire Indian Alliance Tire

April 11, 2013
KKR to acquire Indian Alliance Tire

American private equity company KohlbergKravis Roberts (KKR) is set to purchase a 90% stake in specialised tyre maker Alliance Tire Group from rival private equity fund Warburg Pincus and owner Yogesh Kumar Mahansaria for US$650 million, including a debt of…

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Kultevat and KeyGene work on dandelion rubber

April 11, 2013
Kultevat and KeyGene work on dandelion rubber

US-based biotech company Kultevat and KeyGene, a biotech company from the Netherlands, have entered into collaboration for production of rubber based on the Russian dandelion. This plant has demonstrated potential as a domesticated crop for the US and Europe; the…

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World Rubber Summit to kick off with experts from top firms

April 5, 2013
World Rubber Summit to kick off with experts from top firms

THE International Rubber Study Group (IRSG) has announced details of the upcoming World Rubber Summit 2013 . Speakers from leading firms like Apollo, Bridgestone, HSBC, Olam, Pirelli and Versalis will be headlining in the event. Key experts from the global…

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China to produce more consumer tyres, weans from truck segment

April 3, 2013
China to produce more consumer tyres, weans from truck segment

A RECENT report by Bloomberg indicated that natural rubber demand in China will be focusing on producing consumer tyres and shifts away from the heavy equipment and truck tyre segments. Shen Jinrong,Chair of the Hangzhou Zhongce Rubber Co. said in…

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Bridgestone Michelin leaders in branding

March 28, 2013
Bridgestone Michelin leaders in branding

According to UK brand valuation and marketing firm Brand Finance, Bridgestone is the world’s most valuable tyre brand, followed closely by Michelin. Brand Finance puts the global value of the Bridgestone brand at US$4.45 billion and that of the Michelin…

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Yokohama’s tyre plant in China receives government aid

March 28, 2013
Yokohama’s tyre plant in China receives government aid

Japanese tyre maker Yokohama Rubber’s  tyre production unit in China, Hangzhou Yokohama Tire, has received grants-in-aid totalling RMB13.47 million for the period from December 2012 to March 2013 from Hangzhou City and the Hangzhou Economic and Technological Development Zone (HEDA).…

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Michelin expects Indian output by mid-2013

March 28, 2013
Michelin expects Indian output by mid-2013

Having delayed its plant launch in India from 2012 to 2013, French tyre maker Michelin says it expects to roll out truck radial tyres “some time” during the middle of 2013. “Production will start during the middle of this year.…

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RMA backs Texas bill on used tyre sales ban

March 27, 2013
RMA backs Texas bill on used tyre sales ban

US-based Rubber Manufacturers Association (RMA), the national trade organisation for tyre manufacturers is supporting a senate bill introduced by a Texan delegate, banning the sale of used tyres. SB 459, introduced by Senator Jose Rodriguez is prohibiting the sale of…

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Asian market prospects highlight in tyre industry conference

March 25, 2013
Asian market prospects highlight in tyre industry conference

THE EU tyre labeling regulation (EC/1222/2009), which is conjured to drive growth of the global green tyre market to reach US$70.6 billion by 2017; potentials for increasing sales of passenger and commercial vehicles and for replacement tyres (13.4% increase of…

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International Rubber Prices
(as of 16, January 2018)

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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