Investments

Synthomer group under one roof

September 26, 2011
Synthomer group under one roof

SYNTHOMER Group has opened a new Asian regional headquarters in Kuala Lumpur, Malaysia. This follows its acquisition of PolymerLatex and means that the sales offices of Synthomer and PolymerLatex are now combined in the new premises. The company says its…

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More silica from PPG

September 25, 2011
More silica from PPG

IN response to the growing demand for precipitated silica worldwide, US-based PPG Industries is increasing its capacity by more than 18,000 tonnes/year. The capacity expansions will be undertaken at its US and Netherlands facilities. Some of the capacity will come…

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Sinergi Perdana to complete three acquisitions by year-end

August 28, 2011
Sinergi Perdana to complete three acquisitions by year-end

PETALING JAYA – Sinergi Perdana Sdn Bhd, a government-initiated agricultural consortium, is on an acquisition trail and it plans to complete the takeover of two fertiliser companies and one rubber compound company before year-end. A source close to Sinergi Perdana…

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Apollo cautious of future but invests in rubber growing

August 26, 2011
Apollo cautious of future but invests in rubber growing

INDIA’S largest tyre maker Apollo Tyres’s revenue in the first quarter grew by 55%. But the company says the continuing all-time high NR prices, along with sluggish growth in some major markets, had a dampening impact on its profitability. Meanwhile,…

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Evonik flushed with funds after divestment

August 26, 2011
Evonik flushed with funds after divestment

THE successful divestment of its carbon black business means that Germany-based chemicals company Evonik has added on EUR900 million to its coffers. The new owners are investors Rhône Capital and Triton Partners and the business has been renamed as Orion…

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Russian plant for Continental

July 18, 2011
Russian plant for Continental

GERMAN tyre maker Continental plans to invest EUR220 million to build a tyre plant in Kaluga, Moscow. The plant will have annual capacity of about four million tires, and production is set to start at the end of 2012. The…

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US firm moves from China to its home base

July 18, 2011
US firm moves from China to its home base

WHILE most companies seek low-cost production bases, US-based tyre recycling company Tire International is moving its operations out of China and investing US$25 million to set up a recycling and manufacturing facility in Berkeley County. It has set up a…

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Apollo lands in Sri Lanka and the Middle East

July 18, 2011
Apollo lands in Sri Lanka and the Middle East

TO get a foothold in the Sri Lankan market, India’s largest tyre manufacturer Apollo Tyres has tied up with Ideal Motors, the automotive distribution and marketing arm of Ideal Group. One of Sri Lanka’s fastest growing automotive majors with a…

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Kraton looks for Asian site for facility

June 23, 2011
Kraton looks for Asian site for facility

US company, Kraton Performance Polymers, will soon decide where it will locate its Asian facility for HSBCs (hydrogenated styrenic block copolymers). Expected to start up by 2013, the facility will have a capacity of 30 kilotonnes. Though it planned for…

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Vystar revenues, net loss increase, but EBITDA improves

June 8, 2011
Vystar revenues, net loss increase, but EBITDA improves

ATLANTA -Vystar Corp. has posted a 43-percent rise in revenues and its net loss increased to $1.06 million in its first quarter of 2011, although the firm’s EBITDA showed a 6-percent improvement. The company’s sales rose 43 percent to $119,039…

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Rubber Prices
(Last Updated: 17 Oct 2018)

Monthly The prices shown above do not include VAT @4% on purchase and expenses towards packing, transportation, warehousing  and other incidentals


Source: Latex India

Automotive

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