Return to lockdowns muddle shipments, rubber demand according to the latest report by the ANRPC (The Association of Natural Rubber Producing Countries) published June 1-15, natural rubber (NR) prices in key futures and physical markets declined during the first half…
Tag: COVID-19
Gloves Industry: Innovative gloves pack a punch against Covid-19
A secure supply of gloves and new designs of antimicrobial gloves go hand-in-hand to stave off the health crisis facing countries around the globe, says Angelica Buan in this report. All it takes is a pair of gloves, a critical…
GITI Tire in Covid-19 fund misuse allegation
The United Steelworkers (USW) earlier called out Giti Tire for “misspending millions in Covid-19 stimulus funds”. The group, one of South Carolina’s largest unions and representing 850,000-workforce in metals, mining, pulp and paper, rubber, chemicals, glass, auto supply, and the energy-producing…
Outlook for European tyre sector worrying, ETRMA says
Against the back of the impact of Covid-19, the European Tyre and Rubber Manufacturers’ Association (ETRMA) says demand for passenger vehicle tyres is expected to fall due to limited transit demand and authorities in several states restricting citizens to limit contacts…