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Continental has at least EUR3 billion for acquisitions: CFO

Continental has at least EUR3 billion for acquisitions: CFO

Germany’s Continental has at least EUR3 billion (US$3.53 billion) ready for acquisitions to expand into growing automotive markets led by Asia...

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Malaysian glove companies to increase prices, expect record revenue of RM16.2 billion

Malaysian glove companies to increase prices, expect record revenue of RM16.2 billion

MargmaMalaysian glove manufacturers will raise the prices follow a hike in energy costs and raw materials while it also sees a record revenue of RM16.2bil for 2017 on strong demand...

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Smart tyres come of age

Smart tyres come of age

Smart tyre developments are driving forward the future of the mobility ecosystem. Connected cars are nothing without smart tyres. Dramatically having evolved from the 19th century...

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Latex Industry: Asia cultivates an efficient rubber production

Latex Industry: Asia cultivates an efficient rubber production

The region’s rubber sector has a blueprint of strategies to hedge it against falling prices and struggling output. Prices under the weather. World demand for rubber has...

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Malaysia’s glove sector: in a quiet revolution with automation/Industry 4.0

Malaysia’s glove sector: in a quiet revolution with automation/Industry 4.0

The world’s largest producer of rubber gloves is getting a hold of competition, wage hikes and volatile currency, with capacity expansions through automation...

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Green Rubber: New biorubber tyres with a greener footprint

Green Rubber: New biorubber tyres with a greener footprint

R&D efforts and partnerships are keeping pace with the clamour for renewable-sourced rubber for tyres, says Angelica Buan in this report. From guayule to soy beans...

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Vietnam Rubber Group targets raising US$273 million in Feb IPO

January 5, 2018
Vietnam Rubber Group targets raising US$273 million in Feb IPO

State-owned Vietnam Rubber Group (VRG) will offer 475.1 million shares, equivalent to nearly 25 % of its charter capital, for sale in its initial public offering (IPO) scheduled for February. With the starting price set at US$0.59 apiece, VRG expects…

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Henniges Automotive launches new plant in China

January 4, 2018
Henniges Automotive launches new plant in China

Henniges Automotive, a leading global supplier of highly engineered sealing and anti-vibration systems for the automotive market, has opened a new, scalable 79,500 square-foot (7,391 square-meter) facility in Suzhou, China. The plant is located in the Taicang Port Economic and Technological…

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ISRI applauds CSG Resolution recognizing importance of science-based evidence in evaluating recycled rubber infill

January 4, 2018
ISRI applauds CSG Resolution recognizing importance of science-based evidence in evaluating recycled rubber infill

The Institute of Scrap Recycling Industries (ISRI) applauded the Council of State Governments’ (CSG) unanimous approval of a resolution noting that scientific evidence should be paramount when assessing recycled rubber play surfaces. The resolution was presented to the CSG Energy…

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Despite volatile prices, Cambodian rubber exports rise by 37 %

January 4, 2018
Despite volatile prices, Cambodian rubber exports rise by 37 %

Shipments of Cambodian rubber abroad increased by nearly 36 % in 2017, amounting to 190,000 tonnes, a senior official at the general directorate of rubber announced recently. Pol Sopha, the director-general of the general directorate of rubber at the Ministry…

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Doublestar breaks ground on world’s first base for recycling of waste rubber

January 4, 2018
Doublestar breaks ground on world’s first base for recycling of waste rubber

Chinese tyre company Doublestar recently launched the first green recycling of waste rubber “Industry 4.0″ smart model base in the world. The launch was held in industrial area of Runan County, Henan Province. The beginning of this project is expected…

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Continental invests in EUR10 million distribution centre in Germany

January 4, 2018
Continental invests in EUR10 million distribution centre in Germany

Technology company Continental wants to commission a new, cutting-edge distribution center near to the Hanover-Langenhagen airport at the end of 2018. It will invest more than EUR10 million in equipment and machinery. The aim is for drive belts and surface…

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Synthomer sells Leuna site to Alberdingk Boley

January 4, 2018
Synthomer sells Leuna site to Alberdingk Boley

Synthomer plc, a speciality chemicals company, has sold its Leuna site in Germany to Alberdingk Boley Gmbh for an undisclosed price. The site will continue to manufacture products for Synthomer for an initial period prior to transferring the manufacture of product to…

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2017 year in review: sad news for the Indian rubber market

January 4, 2018
2017 year in review: sad news for the Indian rubber market

The year 2017 saw several disappointments. Industry troubles such as price crash and production loss due to climate change continued to haunt the 10-lakh odd growers especially in the small and medium segment. Prices hovered at  120-130/kg for the RSS-4…

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Synthetic rubber market expected to reach US$37.8 billion by 2022

January 4, 2018
Synthetic rubber market expected to reach US$37.8 billion by 2022

The synthetic rubber market is expected to reach US$37.82 billion by 2022, registering a CAGR of 5.5% between 2017 and 2022. Synthetic rubber is mostly produced from crude oil and natural gas, by the polymerization of monomers. Although used in…

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Thailand to export 240,000 rubber pillows to China annually

January 4, 2018
Thailand to export 240,000 rubber pillows to China annually

Thailand is expected to export 240, 000 of its rubber pillows to China annually. Thailand’s rubber pillows are made by rubber planters under the Network of Rubber Planters Institutes of Thailand, said Suphat Eawchai, the official attached to the Ministry…

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International Rubber Prices
(as of 16, January 2018)

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


Source: India Rubber Board

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PRA ELECTRONIC ISSUE
PRA 2017 Yearender Edition

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