Thailand’s military government is to shelve a plan to sell 200,000 tonnes of rubber from stocks and will focus on measures to increase domestic consumption to shore up prices, government officials said on Wednesday. Postponing the sale could take some…
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Malaysian gov’t assists smallholders affected by rubber price drop
The Government has approved an allocation of RM130mil to assist 260,000 smallholders affected by the fall in rubber price. Rural and Regional Development Minister Datuk Seri Mohd Shafie Apdal said that with the allocation, a one-off payment of RM500 would…
Primewell premium tube tyres increases position in Oman
The Primewell PS880 is increasingly becoming a favourite tyre for the customers in Oman. The PS880 is the latest range of premium tube type tyres from Primewell designed to deliver incredible handling for personal vehicles and endure excessive usage and…
Thailand tyre maker eyes on China’s tyre market
After exploring the Chinese market for a decade, Thailand-based tyre manufacturer Deestone acknowledges that it should focus on the high-end segment in that country to avoid intense competition. Last month Deestone executives were among those invited to attend the grand…
JK Tyres to increase export footprint with Mexico plant
Tyre major JK Tyres is focusing on expanding its export footprint using its plant in Mexico to drive volumes in the car segment as part of which some New York cabbies are have now started using the Indian brand for…
Kenda launches new CUV tyre in Dubai
Kenda Tires and its Middle East partner Varga Trading Co. LLC announced at Automechanika Dubai the Middle East debut of the new Kenda KR-50 crossover-utility vehicle (CUV) tyre. Automechanika Dubai takes place June 3-5, 2014. The companies say the KR…
Titan signs contract for disposal of tyres
Titan Tire Reclamation Corp. (TTRC), a subsidiary of Titan International, Inc., has been in negotiations with various companies in the oil sands for the disposal of OTR tyres and conveyor belting. TTRC will lease ten acres of land from Suncor…
Supermax aims glove market growth in Russia and Asia
Supermax Corp Bhd will focus on growth markets in Russia and Asia, particularly in India and China, said its Executive Chairman and Group Managing Director, Datuk Seri Stanley Thai. “This is in line with the current demand and that the…
Malaysian firm to invest in Zambia rubber plantation
A malaysian company has expressed interest in acquiring the more than 100-hectare Nchelenge rubber plantation. Luapula Province permanent secretary Chanda Kasolo, who confirmed in an interview recently, said if successful, the acquisition could position the province as a potential hub…
Apollo Tyres yet to finalize European site
Apollo Tyres Ltd. is denying published reports in Europe that it has selected Hungary as the site for the $685 million tire plant it’s planning to build in eastern Europe. Apollo’s board of directors released a statement today stressing that:…