Pan-Asia

South and East Asia rubber news

India cracks down on China’s FKM imports; countervailing duty probe ongoing

September 18, 2018
India cracks down on China’s FKM imports; countervailing duty probe ongoing

India has initiated a countervailing duty probe into increased imports of fluoroelastomer (FKM), a fluorocarbon-based synthetic rubber from China, following a complaint from Gujarat Fluorochemicals (GFL),  a part of the $3 billion INOX Group of Companies, and India’s largest producer…

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Sharp dip in India’s natural rubber output

September 14, 2018
Sharp dip in India’s natural rubber output

India is forecasting a decline in natural rubber output by 18 to 20% this year that will negatively impact the tyre industry, says ICRA Ltd., an investment information and credit rating agency. The floods in Kerala, due to unusually high…

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Continental opens first 3D blow moulding plant for hoses in China

September 4, 2018
Continental opens first 3D blow moulding plant for hoses in China

Technology firm Continental has opened a EUR10 million 3D blow moulding plant for hoses in Changshu, China. The new plant is Continental’s fourth production site featuring 3D blow moulding technology across the world, following previous plants in Germany, the US…

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Zeon to set up Thai subsidiary for the production of acrylic rubber

September 4, 2018
Zeon to set up Thai subsidiary for the production of acrylic rubber

Tokyo-headquartered Zeon Corporation will establish a new subsidiary in Thailand, Zeon Chemicals Asia, for acrylic rubber manufacture and sale. The subsidiary will be located in Rayong province, Thailand and will have a capital of US$38.13 million. Acrylic rubber (ACM) is…

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Kerala floods to affect tyre companies; India’s rubber prices remain firm

August 28, 2018
Kerala floods to affect tyre companies; India’s rubber prices remain firm

Tyre stocks have been making the news in India after the floods in the southern state of Kerala. Shares of industry majors like Apollo Tyres, JK Tyre, MRF and Goodyear are down by 10% so far, according to analyst Moneycontrol…

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Chandra Asri/Michelin jv synthetic rubber plant completed in Indonesia

August 23, 2018
Chandra Asri/Michelin jv synthetic rubber plant completed in Indonesia

Indonesia’s PT Chandra Asri Petrochemical and French tyre maker Michelin have completed construction at the new synthetic-rubber manufacturing site owned by the companies’ joint venture PT Synthetic Rubber Indonesia (SRI). The companies invested US$435 million into SRI. Michelin has a…

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Apollo Tyres grapples with floods in Kerala

August 23, 2018
Apollo Tyres grapples with floods in Kerala

Following the devastating floods in the state of Kerala in India, which is the largest area in the country for rubber plantations, one of India’s biggest tyre maker, Apollo Tyres, has seen production operations disrupted in the company’s plants in…

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Evonik and Chinese partner to build silicon compounding plant in China

August 21, 2018
Evonik and Chinese partner to build silicon compounding plant in China

Germany’s Evonik Industries and Jiangsu Zhongneng Polysilicon Technology Development Co. Ltd., a wholly owned subsidiary of GCL-Poly Energy Holdings Limited (GCL-Poly), have established a joint venture for the production of fumed silica and ultra-pure silicon tetrachloride in China. Evonik will…

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India’s NR output drop a cause for concern

August 9, 2018
India’s NR output drop a cause for concern

India’s output of natural rubber (NR) dropped to a six-year low of 1.26 lakh tonnes in the first quarter of 2018/19, with consumption at a high of 3.02 lakh tonnes. The production-consumption gap widened to 58% of consumption in Q1…

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Yokohama’s joint research with Thai universities for future development of rubber

August 1, 2018
Yokohama’s joint research with Thai universities for future development of rubber

Tokyo-based Yokohama Rubber Co. says that the results of joint research projects conducted since 2013 with two universities in Thailand, a major producer of natural rubber, were recently presented at The International Polymer Conference of Thailand 2018 (PCT-8). The joint…

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Rubber Prices
(Last Updated: 18 Sept 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

PRA ELECTRONIC ISSUE
PRA 2018 September

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