Category: Pan-Asia

South and East Asia rubber news

Engel doubles up capacity in Shanghai

AFTER realising huge sales from Asia, Engel Austria will continue this growth by doubling the capacity of its large-scale machine works in Shanghai. Engel has invested EUR 12 million in the extension of the Shanghai plant. The injection moulding machine…

Teijin to open R&D centre in China

TEIJIN Ltd announced plans for a textile R&D centre in China. The facility will be built on the premises of its factory in Nantong, Jiangsu Province. Construction of the facility will total US$24 billion, with operations expected to start in…

Malaysian NR production fell in February

FEBRUARY marks the lowest for Malaysia; natural rubber produced was at 88,077 tonnes, a drop of 3,503 tonnes compared with the same month in 2011. The figure was up by 2,918 tonnes on the January figure. Exports reached 64,052 tonnes…

Shandong’s tyre exports jumped 54% in 2011

EXPORTS of tyres from the Shandong region increased in value by 54%, to US$7,834 million in 2011, according to a local official. President of the Shandong Provincial Rubber Industry Association, Zhang Hongmin said this trend was much better than the…

World Rubber Summit to be held in Singapore

MICHELIN, Bridgestone, Volkswagen and among others will be the leading figures for this upcoming World Rubber Summit to be held at the Raffles City Convention Centre this May 24, 2012. Invited presenters will be addressing concerns on the outlook and…

Grim outlook for tyre makers in China

IN China, rubber prices went unstable down from US$4,125 per tonne in mid-February up to US$6,823 per tonne. This has caused net profits to dip by as much as 23.54%, according to the latest release from listed tyre companies including…

Producers go skeptical with low SBR prices

STYRENE- butadiene rubber (SBR) may continue to decline slowly, based on reports from China. This price fall is caused by falling butadiene (BD) prices. The latest BD price is about US$3,889 to US$3,968 per tonne. Local BD rubber producers, however,…