Category: Pan-Asia

South and East Asia rubber news

Elkem clinches deals worth US$150 mn in China

Norway’s Elkem, one of the pioneers in manufacturing silicones, says it has signed letters of intent with three Chinese customers, with a potential total contract value of more than US$150 million, at the 3rd China International Import Expo (CIIE) 2020 in Shanghai, China, where…

Arlanxeo to shut down Nd-PBR plant in Singapore

One of the world’s largest producers of synthetic rubber and a wholly-owned subsidiary of Saudi Aramco, Arlanxeo is said to be closing its 140,000-tonne/year neodymium-based performance butadiene rubber (Nd-PBR) plant in Jurong Island, Singapore. In a statement to its customers, Arlanxeo says this is in…

IRSG predicts 12% decline in rubber demand in 2020

The Singapore-based Secretariat of the International Rubber Study Group (IRSG), which publishes data on production, consumption, trade and prices covering both natural rubber (NR) and synthetic rubber (SR), estimates a sharp decline in the global rubber demand by 12.6% year-on-year…