Category: Industry News

Gapkindo bids for output reduction by 10%

THE INDONESIAN rubber group (GAPKINDO) proposes to the country’s sector to reduce its output by 10% by next year. Meanwhile, it also urges other Southeast Asian rubber producers to follow suit, to minimise global stocks and support prices, which according…

Lanxess hikes chloroprene rubber price

GERMAN specialty chemicals firm Lanxess has announced an increase of up to EUR180 (US$245)/per metric tonne in the global price for its Baypren branded Chloroprene Rubber (CR). Increasing raw material and energy prices are pushing the CR cost, says Lanxess.…