US-based chemicals firm Dow Chemical has signed an agreement to construct a manufacturing facility to produce a range of polymers for coatings and water-treatment applications, and a MOU for a feasibility study related to a proposed investment in the company’s…
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Nigeria’s Edo State to give rubber sector a boost
Godwin Obaseki, the governor of Edo State in Nigeria, said he will boost rubber production efforts in order to increase the state’s foreign exchange earnings. According to him, rubber was a major source of foreign earnings for the country before…
India considers repealing the Rubber Act
The central government of India is mulling the repeal of the Rubber Act of 1947, which is often referred to by the country’s rubber farmers as “the Constitution”.The Act has been one of the key elements regulating the rubber industry…
Malaysia rubber glove exports hit RM4 bn in Q1 2017
Malaysia exported more than RM4 billion worth of rubber gloves in the first quarter of 2017, showing a 26% increase compared to the first quarter of 2016, which recorded RM3.2billion in sales. The country’s rubber products are currently exported to…
India’s rubber sector structural reforms worry farmers
The current structural reforms that India’s Rubber Board is going through combined with the possible changes in rubber plantation policy perspectives have the country’s more than 1 million rubber farmers worried. The immediate reason for alarm has been the decision…
VMI South America relocates to new Itatiaia facility in Brazil
VMI South America Ltda celebrated its official relocation to its new and larger location in the city of Itatiaia, about half way between São Paulo and Rio de Janeiro in Brazil with an open house event for its customers and…
Russia offers to trade fighter jets for Indonesia’s rubber
Russia has offered to trade its Sukhoi Su-35 fighter jets for Indonesia’s natural rubber. Indonesia’s Trade Ministry foreign trade director general Oke Nurwan was quoted as saying that Russia is interested in the country’s crumb rubber. However, the Indonesia government…
ContiTech closing Cosmoflex plant; expanding PVC hose plant
ContiTech, a division of German automotive manufacturing company Continental and a specialist in rubber and plastics technology, has announced the closing of its Cosmoflex plant in Hannibal, Missouri in the US by the end of the year. The company also…
GM commits to sourcing sustainable NR for its tyres
American multinational corporation General Motors (GM) has made an industry-first commitment to source sustainable natural rubber for its tyres to help drive the industry toward net-zero deforestation and uphold human and labour rights. Believing a collaborative approach is needed in…
JV termination led to high revenue growth for Semperit
Due to the termination of almost all joint ventures of Semperit Group with the Thai Sri Trang Agro-Industry Public Co Ltd Group, the Vienna-based publicly listed company saw high positive one-off effects in the first quarter of 2017. Although, the…