Category: Pan-Asia

South and East Asia rubber news

Rubber exports on the rise in Vietnam

THE Indochinese country expects to make over US$3 billion from rubber exports this year because of rising global demand, says its Ministry of Agriculture and Rural Development. China accounts for 70% of the country’s total rubber exports, while exports to…

Michelin on track in China

FRENCH tyre maker Michelin will set up a joint venture company with Double Coin Holdings and Shanghai Huayi to produce and market Warrior brand passenger car and light truck tyres for the Chinese market. Michelin will own 40% of the…

Indian tyre company sold

GERMAN tyre company Continental has signed an agreement with India-based V K Modi Group to acquire its tyre business, Modi Tyres. Terms were not disclosed. The supplier said the completion of the transaction depends on the fulfilment of several conditions.…