Due to the country’s potential for rubber cultivation, investment jumped by 256%…
Category: Pan-Asia
South and East Asia rubber news
Daihatsu to set up automatic transmission plant in Malaysia
OSAKA – Daihatsu Motor Co. said it will invest about 5 billion yen to set up a plant in southwestern Malaysia to manufacture automatic transmissions for vehicles. The Japanese automaker aims to start operating the plant in Negeri Sembilan in…
Ford faces China hurdles
Ford Motor Co. is facing stiff industry-wide regulatory obstacles to future growth in China, even as the auto maker launches a US$490 million plant to boost its presence there. The plant opened Friday in the southwestern Chinese city of Chongqing—its…
RM26m for rubber replanting
LUNDU -The Rubber Industry Smallholders Development Authority (RISDA) has targeted to replant 5,000 ha of old rubber plantations in Sarawak with the latest high-yield rubber clones this year. Chairman Tan Sri Rahim Tamby Chik said the agency had allocated RM26.5…
Rubber trade with China booms: Vietnam
HO CHI MINH — Unofficial, small trade border transactions continue to flourish in Vietnam’s rubber export to China although their number has fallen recently, industry insiders say. Rubber demand and prices have increased in the first months of this year,…
Top Glove eyes 30% global market
PETALING JAYA – Glove maker Top Glove Corp Bhd expects to grow its global market share to 30% from 26.7% by the end of the year. “The global market volume consists of 150 billion pieces of gloves per year. Top…
M’sian rubber mart expected to see better performance
KUALA LUMPUR – The Malaysian rubber market is expected to see a better performance in anticipation of limited supply in the commodity, dealers said. A dealer said the wet weather in rubber producing countries, particularly in Southern Thailand, would cause…
Thailand approves US$472 million plan to support rubber prices: reports
THAILAND has approved a plan worth Baht 15 billion ($472 million) to buy 200,000 mt of natural rubber from local growers, news reports said Tuesday. The plan is aimed at supporting local natural rubber prices at Baht 120/kg. On Tuesday,…
Supermax sees up to 30pc growth
KUALA LUMPUR – Glove manufacturer Supermax Corp Bhd is projecting between 20 per cent and 30 per cent sales growth this year, boosted by stabilised rubber prices and manufacturing expansion plans. For the financial year ended December 31, 2011, the…
Rubber Board tie-up with ATMA to empower small growers
KOTTAYAM – The Rubber Board and the Agricultural Technology Management Agency have started an integrated programme for empowering the village level small grower organisations. The aim of the programme is to provide financial assistance for Rubber Producers’ Societies and Self…