TOP STORY

Trade war strains US ag sector; China eyes India’s rubber goods market

As the love-hate trade relationship between the US and China ensues, the rest of the world shield their industries from shakeups and breakup...

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Gloves Industry: Malaysia, hand-in-glove with the rubber glove market

Though competition is tight in the gloves industry, according to Malaysia’s industry players, nobody is backing down from meeting the rising global demand for gloves...

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Riding out headwinds in Asian SBR market

Historically, synthetic rubber consumption registers growth that is driven by increasing rubber demand, especially in the automotive, tyre and non-tyre applications. Of types, the use of styrene..

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Tyres: A fresh look at recovery solutions for old tyres

Tyres that have seen better days may be imputed as pollution contributors; however, new developments are changing this notion about end of life tyres (ELTs)...

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Synthetic Rubber: US market; Trade war is not the sector’s waterloo

e US-China trade war is expected to leave many industries wounded. Nevertheless, the US synthetic rubber sector has remained unscathed and has stayed on a growth path...

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World Rubber Summit 2019: New paths for the rubber economy

Getting a firm grip on the successful adoption of innovation and technology transfer in the industry will be a key thrust in driving the agenda at World Rubber Summit 2019...

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MOL funds new US$10m rubber-bitumen plant in Hungary

May 9, 2019
MOL funds new US$10m rubber-bitumen plant in Hungary

Hungarian energy and chemicals company MOL is set to invest about US$10.3 million in the construction of new rubber-bitumen plant situated in Zalaegerszeg, western Hungary. The new plant is expected to start production next year, with a capacity of 20kilotonnes…

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Pyrolyx to add second US rCB plant

May 9, 2019
Pyrolyx to add second US rCB plant

The relocation process is underway as German recovered carbon black (rCB) producer Pyrolyx has begun planning of its second US plant in Indiana, on land adjacent to the first plant currently under construction. Its first US tyre pyrolysis unit has…

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Black Bear and MMEC partner to promote rCB tech

May 8, 2019
Black Bear and MMEC partner to promote rCB tech

Dutch tyre upcycling company Black Bear has entered into a strategic partnership with German EPC contractor MMEC Mannesmann (MMEC) to speed up the rollout of the former’s breakout tyre recycling technology. MMEC will perform the detailed engineering, procurement and construction…

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Tyrexpo Asia 2019 scores another winning edition

May 7, 2019
Tyrexpo Asia 2019 scores another winning edition

Tyrexpo Asia, the region’s most well-attended tyre B2B platform for automotive players in manufacturing, distribution, wholesale, retreading and fleet operation, celebrated another win in this year’s edition. On its12th edition, Tyrexpo Asia,  held from 19th to 21st March 2019 at…

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HF Group sells extrusion business to Troester

May 6, 2019
HF Group sells extrusion business to Troester

Tyre equipment manufacturer Harburg-Freudenberger (HF), based in Hamburg, has sold its extrusion division to rubber extrusion machinery-maker Troester that will reportedly absorb all HF’s extrusion employees and will maintain the location in Hamburg, Germany, so as to ensure product continuity.…

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Trinseo acquiring Dow’s latex assets in Germany

May 6, 2019
Trinseo acquiring Dow’s latex assets in Germany

Plastics, rubber and latex binders solutions provider Trinseo is to acquire US chemical firm Dow Chemical’s latex production facilities and related infrastructure in Rheinmunster, Germany, for EUR40 million, in the form of assumed pension liabilities for transferred employees. The transaction…

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Nexen Tire opens new R&D centre in Seoul

May 3, 2019
Nexen Tire opens new R&D centre in Seoul

South Korean tyre manufacturer Nexen Tire has launched ‘The Nexen UniverCity,’ a building that includes research and business complexes spanning over 57,000-sqm located at the Magok Industrial Complex in western Seoul, South Korea. Nexen invested US$178 million through two years…

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Global demand for badminton shoes to exceed US$2 bn in 2019

May 2, 2019
Global demand for badminton shoes to exceed US$2 bn in 2019

Global sales of badminton shoes are expected to cap over 53,400 units in 2019, with global demand surpassing US$2 billion, according to Fact. MR’s Badminton Shoes Market research for the period of 2018-2028.The badminton shoes market is estimated to grow…

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Malaysia’s Rubber Board faces moratorium on property development

April 30, 2019
Malaysia’s Rubber Board faces moratorium on property development

The Malaysian government has imposed a moratorium on the Malaysian Rubber Board (MRB) in regards to its property and real estate development activities. Primary Industries Minister Teresa Kok announced the news in an interview session in Putrajaya recently. In the…

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Pirelli promotes NR sustainability through interactive media

April 30, 2019
Pirelli promotes NR sustainability through interactive media

Italian tyre maker and distributor Pirelli has launched “Being Fast Takes Time,” a website dedicated to promoting public awareness of natural rubber (NR). The digital report- told through 30 black and white images, videos and other elements, including a logbook…

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Rubber Prices
(Last Updated: 16 May 2019)

Monthly The prices shown above do not include VAT @4% on purchase and expenses towards packing, transportation, warehousing  and other incidentals


Source: Latex India
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