Category: Pan-Asia

South and East Asia rubber news

Apollo opens component prep unit in South Africa

Apollo Tyres announced that it has opened a new state-of-the-art Component Preparation Unit at its Ladysmith tyre manufacturing facility in South Africa. The 6,500 sqm unit has the potential for further expansion to facilitate future growth. The US$35 million investment…

Rubber & metal drive Sri Lanka’s Q1 exports

Sri Lanka’s first quarter exports remained strong desite volatile global oil prices and global downturn. Appearing unaffected, the country reported only a marginal 1.4% export drop (US$2.63 billion) compared to last year’s first quarter at US$2.67 billion. Minister Rishad Bathiudeen…

Rubber clings on China stimulus

Rubber advanced, reversing earlier losses after Chinese policy makers pledged new spending, boosting speculation that demand from the world’s largest consumer may weather Europe’s debt crisis and keep expanding. November-delivery rubber gained 0.6% to settle at 271.9 yen a kg…

Mitsui Chem prepares for restoration activities

After the explosion of the company’s resorcinol plant in Iwakuni and Ohtake, Mitsui Chemicals announced that it is currently working with local authorities in the investigation and is preparing for some restoration activities. For safety measures, the company is clearing…