Pan-Asia

South and East Asia rubber news

Vietnam Rubber Group plans to raise $563 million in share sale

October 25, 2017
Vietnam Rubber Group plans to raise $563 million in share sale

State-run Vietnam Rubber Group (VRG) has approved a plan to sell 25 % of the company in an initial public offering, worth an estimated 12.8 billion dong (US$563 million). The sale is part of Vietnam’s plans to trim stakes in…

Read more »

MARGMA: Export of surgical gloves estimated to bring in RM16.2 billion in 2017

October 19, 2017
MARGMA: Export of surgical gloves estimated to bring in RM16.2 billion in 2017

The Malaysian Rubber Glove Manufacturers Association (MARGMA) expects the total export of medical examination and surgical gloves this year to reach almost 150 billion pieces and bring in estimated revenue of RM16.2 billion. President, Denis Low Jau Foo said in…

Read more »

Malaysia sends delegation to Vietnam to strengthen bilateral cooperation

October 6, 2017
Malaysia sends delegation to Vietnam to strengthen bilateral cooperation

Malaysian Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong recently headed a delegation to Vietnam to strengthen bilateral relations between the two nations.  The trip comes during a time when Vietnam is predicted to have significant growth in…

Read more »

Vietnam Rubber Group to sell 25% stake worth US$563 mn

September 29, 2017
Vietnam Rubber Group to sell 25% stake worth US$563 mn

State-run Vietnam Rubber Group (VRG) is putting 25% of its stakes up for sale in an initial public offering (IPO), which is worth an estimated US$563 million (12.8 billion dong), the company said. The sale is part of Vietnam’s plans…

Read more »

Kerala to go for more rubberised roads, Sudhakaran says

June 7, 2017
Kerala to go for more rubberised roads, Sudhakaran says

The Indian state of Kerala is pushing for the construction of more rubberised roads in order to increase the state’s use of natural rubber, said Minister for Public Works K. Sudhakaran. The discovery that waste plastic could be used to…

Read more »

Finnish tyre firm to launch feasibility study for PH tyre plant

May 31, 2017
Finnish tyre firm to launch feasibility study for PH tyre plant

Finnish tyre maker Black Donuts Engineering Inc. will be launching its feasibility study for the construction of a US$200-million rubber tyre factory in Mindanao, Philippines after the signing of a memorandum of agreement (MOA) in September with the country’s Department…

Read more »

Yokohama Rubber to increase tyre output capacity in China

May 26, 2017
Yokohama Rubber to increase tyre output capacity in China

Japanese tyre company Yokohama Rubber will increase its production capacity in China for passenger car tyres to 13.6 million units a year by 2020, up nearly 50% from 9.35 million units in 2016, as it looks to boost business with…

Read more »

India’s rubber sector structural reforms worry farmers

May 19, 2017
India’s rubber sector structural reforms worry farmers

The current structural reforms that India’s Rubber Board is going through combined with the possible changes in rubber plantation policy perspectives have the country’s more than 1 million rubber farmers worried. The immediate reason for alarm has been the decision…

Read more »

Thai government partners with Deestone produce high-rubber content tyres

May 10, 2017
Thai government partners with Deestone produce high-rubber content tyres

Thailand’s Ministry of Agriculture and Cooperatives (MOAC) has partnered with the Rubber Authority of Thailand to produce its own tyre brand called TH-Tyre in the hopes of stimulating the use of locally grown and tapped natural rubber. The two bodies…

Read more »

Petronas/Aramco to expand product base at Rapid: elastomers/SR on the cards

May 10, 2017
Petronas/Aramco to expand product base at Rapid: elastomers/SR on the cards

Malaysia’s state-owned oil company Petronas and its partner in the Rapid (Refinery and Petrochemical Integrated Development) project in Johor, Saudi Aramco, are studying the feasibility of building other petrochemical plants to make full use of raw materials from the Rapid…

Read more »

International Rubber Prices
(as of 14, November 2017)

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

Automotive

PRA ELECTRONIC ISSUE 2017
November/December 2017 Issue

Click here & browse