The Indian government has been considering increasing import duty on natural rubber (NR), according to Commerce and Industry Minister Anand Sharma. The country imports NR from Malaysia, Thailand and Indonesia. Advise on the increase will be issued soon, as recommendation…
Qingdao warehouses ordered to clear rubber stocks
NATURAL rubber prices in Asia has dropped to the lowest levels in four to six months, after Chinese authorities ordered local warehouses in Qingdao, Shandong province, to clear some of their rubber stocks within 10 days for safety reasons, according…
FDA issues labeling guide for non-NR-containing medical products, packaging
THE Food and Drug Administration (FDA) has issued a medical product guide for labeling medical products that do not contain natural rubber latex. According to FDA, the purpose of the document, appearing March 11 Federal Register, is to make recommendations…
IRSG predicts a decade of opportunity for tyre makers
DURING the opening of the Tyrexpo Asia 2013 held 19 March in Singapore, a key official of the International Rubber Study Group (IRSG) predicted strong global demand for tyres through the coming decade. Speaking as principal guest at the show,…
US tyre groups slam proposed tyre age bill
OPPOSITION from tyre associations, Rubber Manufacturers Association (RMA), Tire Industry Association (TIA), and the Chesapeake Automotive Business Association (CABA) hits certain provisions in the proposed tyre ageing bill being currently heard before the Maryland House Committee on Economic Matters. Maryland…
Cabot unveils new brand identity, product incubator
CABOT Corp. has unveiled a new corporate brand identity that emphasises the company’s strengths as a global leader in specialty chemicals and performance materials. “Our customers choose Cabot because they understand we provide more than just a product,” said Patrick…
Aero Wheel to supply tyres to NASA
AIRCRAFT distributor, Desser Tire & Rubber Co., has announced that its affiliate Aero Wheel & Brake Service Corp has received a contract to supply aircraft tyre replacement and wheel overhaul across all of NASA’s flight platforms. The US$1.5 million 2-year…
Toyo Premium Auto Centre opens in Malaysia
TOYO Tyre Malaysia Sdn Bhd (TTM) has opened the first Toyo Premium Auto Centre at Malacca to increase Toyo Tires brand awareness and sales. The first Toyo Premium Auto Centre is operated by Hock Tyre Services & Batteries Co., Ltd.…
RTA welcomes Salvadori into its fold
MACHINE manufacturer Salvadori Srl has signed up to the US-headquartered Retread Tire Association (RTA) as its 300th member. Harvey Brodsky, Managing Director of RTA welcomes teh addition to the RTA fold, saying that other members will also benefit from their…
Synthos on a high
Synthos SA, the rubber maker controlled by Polish billionaire Michal Solowow, surged to an 11-month high after proposing a record dividend. The manufacturer of synthetic rubber used for production of tyres will return to its owners a total of US$315…