When tyre prices are lower, consumers are more likely to buy replacements for the worn tyres, says a Malaysian dealers association.
SUMITOMO Rubber Industries has announced that it will boost its tyre production in developing countries as part of its long-term plans. Seven plants will be built across Turkey, Russia and developing nations in Africa, giving the company a total of…
Genetics, agronomics and sustained research are utilised to ensure availability of Hevea rubber and petroleum-based SR alternatives.
ALOR GAJAH – Rubber Industry Smallholders Development Authority (Risda) is expanding its investment by developing rubber plantations in Myanmar and Laos. Risda Chairman Tan Sri Rahim Tamby Chik said the two countries were chosen as they have ample landbank with…
JAPANESE firm Sumitomo Rubber Industries has recently signed a deal with Petlas Lastik Sanayi ve Ticaret AS to build a US$ 516 million-worth tyre factory in the Central Anatolian province of Çank?r?, urkey. “The priority of our factory in Cankiri…
The Malaysian Government may offer incentives to Malaysian companies that automate their production , according to Deputy Finance Minister Datuk Donald Lim Siang Chai, adding that they are encouraging automation as it is part of innovation.
In a bid to boost prices of natural rubber, farmers are holding back their supplies , which has adversely caused rubber futures to dip and tyre makers scout overseas for their rubber requirements to avoid surging local prices.
The Competition Commission of India (CCI) will be imposing stiff penalty to tyre manufacturers involved in cartel and will be charging thrice the profit of the ‘erring’ company.
Opportunities for production and growth in demand for natural rubber are encouraging in view of the improvement in the economic indicators of the US, China, Japan and Europe.
The the new tyre labeling will affect not only the European market but also the entire global tyre industry, says Lanxess’s Dave Hardy