The market for rubber gloves is highly competitive with a few large players dominating both global and regional markets. All these companies have rolled out their production plans to increase their capacities, supply better products and to meet the increasing…
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Vietnam urged to join rubber consortium
Thailand is set to lobby Vietnam at a meeting in Bangkok next week to join the International Rubber Consortium Ltd (IRCo), a move that would help to stabilise rubber prices. The country is also seeking to expand bilateral trade to US$20 billion over…
New Michelin tyre plant will propel Indonesia to forefront of Asia-Pacific butadiene market
The organic compound butadiene, or 1,3-Butadiene (although they will be used synonymously henceforth), is a conjugated, unsaturated hydrocarbon derived of two double bonds between carbon atoms. It is an integral facet of the industrial chemical industry used in the production…
One-off RM500 for each rubber smallholder in Sarawak
The government is stepping in to assist rubber smallholders in the state by providing them with a one-off financial assistance of RM500 each due to the declining price of rubber in the global market. At 5pm yesterday, the price of…
Rubber waste gutted
A major fire on a tyre factory premises destroyed rubber waste and other materials at the open waste dump yard near Melur on Tuesday. Firemen from four fire stations fought for nearly nine hours to put out the flames. However,…
Rubber production drops 11% in April-May
Tyre and rubber industries have urged the Centre to take urgent measures to stem the slide in domestic natural rubber production, which has been on a downward spiral for more than two years now. The data for natural rubber production…
Honda’s U.S. auto finance arm to pay US$24 million over loan pricing problems
A U.S. auto finance arm of Honda Motor Co (7267.T) will pay US$24 million in restitution over allegations that its loan pricing practices caused minority customers to pay higher interest rates than white borrowers did, U.S. regulators said on Tuesday.…
GDT to build Tasmanian tyre recycling plant
Tasmanian trucking operators may soon have a new alternative for disposing old tyres with an US$8.5 million recycling plant to be constructed by Green Distillation Technologies (GDT) in the state. The Longford facility will operate continuously from its predicted launch…
Yagi Announces Debut of Lego Themed Silicone Building Brick & Minifigure Molds Set
Yagi, a nationwide provider of home & kitchen products, announced the debut of their new multi-use Lego-themed Silicone Building Brick & Minifigure Molds set. Whether it’s for a birthday party or simply for everyday fun in the kitchen, these molds…
U.S. safety agency probes airbag inflators from ARC Automotive
U.S. safety regulators said they were investigating airbag inflators made by ARC Automotive Inc for rupture, the second company to be probed for defective airbags after Japan’s Takata Corp. The ARC probe will cover airbags in about 420,000 Fiat Chrysler…