Rubber growers will receive subsidy from the Indonesian government this March 2019, as per President Joko Widodo’s directives, according to Governor Herman Deru of South Sumatra. The subsidy aims to help the rubber growers to improve the quality and price…
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Vietnam anticipates vigorous rubber production in 2019
Vietnam’s rubber industry welcomes 2019 with a robust sales of US$220 million from 175,000 tonnes of rubber shipping. Rubber exports of Vietnam made a 10.8% increase in value and 28.9% increase in volume compared last year. Further growth is expected…
Synthetic Rubber: US market; Trade war is not the sector’s waterloo
e US-China trade war is expected to leave many industries wounded. Nevertheless, the US synthetic rubber sector has remained unscathed and has stayed on a growth path…
Sri Tang to acquire Thai glove plant; eyes production increase
Thailand’s rubber firm Sri Trang Agro-Industry will acquire a glove factory in Thailand this year. In addition to the two new factories which will be completed by 2020, Sri Tang plans to acquire the factory to increase its medical gloves…
TRM, Carl Zeiss sign cooperation deal on Shearography system
Italian firm TRM Srl. and German company Carl Zeiss Optotechnik GmbH signed a cooperation agreement whereby, TRM will be the authorised dealer for the Zeiss Shearography Systems; On the other hand, Zeiss will train TRM’s technical staff on tyre inspection…
World Rubber Summit 2019: New paths for the rubber economy
Getting a firm grip on the successful adoption of innovation and technology transfer in the industry will be a key thrust in driving the agenda at World Rubber Summit 2019…
SBR market to witness upsurge of sales by 2026 – study
Styrene butadiene rubber (SBR) is expected to have a healthy compound annual growth rate (CAGR) of 4.3% by the end of 2026, according to report. The Future Market Insights forecast that SBR will have a sales increase of US$ 8.2…
Tyrexpo Asia 2019 takes pole position in attracting the automotive ecosystem
Asia’s most well-attended and go-to sourcing platform revs up momentum this year…
SoKor rolls out high-tech tyres to catch up with car market
Korean tyre manufacturers are catching up with the fast-changing car market by developing innovative and high-tech tyre products. Currently, Kumho Tire is developing plastic tyres which will not become flat. The futuristic tyres are made up of special plastic materials which will…
NR up by 35% due to fall in output, rise in demand
Due to fall in production and rise in consumption, natural rubber (NR) imports to India increase by 35%. For nine months, imports rise at 4,490,088 tonne from a year ago according to Rubber Board data. Rubber import stood at 4,790,670…