India’s natural rubber imports rose about 11% in June from a year ago to 21,189 tonnes, state-run Rubber Board said in a statement on Monday, reflecting deals signed by local tyre makers earlier this year to cash in on lower…
Category: Pan-Asia
South and East Asia rubber news
German hose maker inks deal with India
Frankfurt-based Flowtech Tristone Group together with the Indian automotive company Bony Polymers signed a technical license agreement. In the agreement, Tristone will provide technical support in production and logistics for fluid applications such as engine cooling water, cooling hoses, PA…
NR Production To Reach 10.8 million tonnes
Production of natural rubber by members of the Association of Natural Rubber Producing Countries (ANRPC) will reach 10.8 million tonnes in 2012. This is a 4.9% rise from 10.325 million tonnes produced in the previous year. The new data comes…
Tyre sales spike 14% in Southeast Asia
Demand for replacement car tyre markets in the major cities of four emerging markets of Southeast Asia saw a surge of 14% in demand in Q1 2012 over the previous quarter. GfK retail tracking of replacement car tyres across bustling…
Rubber glove sector thrives on lower costs, stronger US dollar
The research arm of Kenanga Investment Bank Bhd (Kenanga Research) elaborated in a research note yesterday, “These two factors should boost the earnings of glove companies if their trends persist.”
Thailand to cut down on exports
Prices dipped by 26% this quarter, the most since the final three months of 2008, as growth slowed in China, the biggest consumer
Indian rubber skill development centre opens this September
National Skill Development Corporation (NSDC) and the All India Rubber Industries Association (AIRIA) will establish a rubber skill development centre for the rubber industry. The centre is expected to start the pilot project in six to eight institutes by September…
Sri Lanka aims to revive rubber industry
The Sri Lankan government is planning to increase annual rubber production by a further 50,000 tonnes by expanding new plantations, providing better incentives to growers and employing sophisticated manufacturing systems. Plantations Industries Minister Mahinda Samarasinghe said his ministry has planned…
China buys SMR20 rubber at lowest prices since late 2009
China bought several cargoes of Malaysian rubber after prices plunged to the weakest in more than two years, raising hopes the world’s largest consumer will step up purchases and turn to other grades too, dealers said on Wednesday. SMR20 was…
Stamford Tyres reports earnings up 41.4% in 2011
Stamford Tyres announced that its net profits for the year ended 30 April 2011 jumped 41.4% to SGD13.3 million off the back of “better sales mix of high performance tyres and earthmover tyres.” According to the company, this combination of…