The world’s largest glove maker by capacity, Malaysia’s Top Glove Corporation, is teaming up with Japan’s Fimatec to create a joint venture that will produce rubber reinforcing agent used in manufacturing gloves. The companies will establish a joint venture that…
Tag: rubber
Rubber Board, Kudumbasree form women labour groups for rubber industry
India’s Rubber Board is collaborating with Kudumbasree Mission, an all-women self-help group, to form women labour groups under the Rubber Producers’ Societies to increase the participation of women in the rubber tapping sector across the state of Kerala. Out of…
Indian rubber companies investing in synthetic rubber as demand rises
Rubber companies in India are starting to invest in synthetic rubber, building on the recently added capacity of about 270,000 tonnes a year, as demand for the commodity rises. Tyre manufacturers are also calling on them to start producing Solutions…
Aston Martin Valkyrie hypercars to come with Michelin Pilot Sport Cup 2 tyres
Michelin has been chosen as the official tyre supplier for all of Aston Martin’s Valkyrie hypercars. The Pilot Sport Cup 2 ultra-high performance tyres in 265/35 ZR20 front and 325/30 ZR21 rear sizes will…
Indian tyre firms looking to SE Asian producers for natural rubber supply
Tyre manufacturers in India are looking to Southeast Asian natural rubber producers for supply as demand for the commodity increases in the country amidst a slowdown in domestic production, according to industry officials. The country’s rubber industry is also expected to…
Top Glove aims to improve performance despite expected market challenges
Malaysian rubber glove manufacturer Top Glove Corporation, the world’s largest rubber glove producer by volume, is aiming to improve its performance in the coming months despite the expected challenges in the market as higher input costs drag its fiscal second-quarter…
India’s RRII inaugurates international natural rubber clone museum
The Diamond Jubilee Block at the Rubber Research Institute of India (RRII), where the Advanced Centre for Molecular Biology & Biotechnology (ACMBB) is going to function, was recently inaugurated by Rita Teaotia, the secretary of the Department of Commerce in…
Lanxess invests EUR100 million for aromatic compounds/rubber chemicals
Speciality chemicals company Lanxess is continuing to target growth. During the next three years, its business unit Advanced Industrial Intermediates will be investing some EUR100 million in expanding production facilities for chemical intermediates. Around EUR40 million each will be invested…
Rubber export option brings hope to Indian growers despite low local prices
Local rubber growers and tappers in India are optimistic this tapping season despite falling domestic prices as production is forecasted to increase and export options open up. “The season for tapping latex was to wind up in February. But because…
Slow, steady gain for Asian rubber in 2017
The Asian rubber industry is no stranger to fluctuations in commodity prices and upshot of market mechanisms. This year has jump started with improved rubber prices, compared to earlier quarters of last year, supported by increasing crude oil prices and healthy domestic…