Natural rubber will probably climb as dry weather cuts production in Southeast Asia, the main growing region, and consumption increases, said the International Rubber Consortium Ltd. Output in Thailand, Indonesia and Malaysia is set to drop by 6 percent to…
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Tyre importers demand reduction in Customs duty
The Pakistan Tyres Importers and Dealers Association (PTIDA) on Saturday proposed to reduce customs duty in the range of five percent to 20 percent on tyres to arrest smuggling of the product. In the budget proposals presented to Finance Minister…
Region 2 farmers to venture on rubber tree plantation
With the potential export market of rubber tree, the national government agencies and farmers in region 2 have moved for the massive plantation of rubber tree seeing its potential for export market. During the regional forum on Rubber: Its Potentials…
Goodyear proves eco tyres can save money
Goodyear will use its stand at the CV Show 2014 to promote the proven benefits of its KMax and FuelMax ranges launched in September. The Goodyear KMAX has been developed for improved mileage performance, while not compromising on other important…
Hartalega presses on as competition intensify
OVERCAPACITY is a term used very much in the glove industry these days. That and rising costs of production. In fact, the industry has been wrought by more negativity than “positivity” in the past couple of years, a different scenario…
Public unrest against another Hayleys factory
Just under seven months to the incident which led to the closure of the Weliweriya glove manufacturing plant, another Hayleys group factory, Hanwella Rubber Products Ltd located in Hanwella has taken public to the streets, interestingly for the same contamination…
Top Glove not giving up on China
Top Glove Corp Bhd, the world’s largest rubber glove manufacturer by capacity, has no plans to exit the Chinese market, despite the group incurring an operating loss of RM5.23 million in China during the first quarter ended Nov 30, 2013…
Mitas tires now rolling in fields across the US
Boasting a successful farm tyre business in Europe, Mitas is growing its brand in the US Mitas tires can be found on machinery by John Deere, Case, Unverferth and, in a new partnership, McCormick, as well as others. “It’s not…
Tokyo rubber faces tough resistance, sugar premiums may rise
High rubber inventories will weigh on Tokyo rubber futures this week, but sugar premiums could edge up after New York futures fell on easing day weather concerns in main producer Brazil, dealers said on Monday. In the coffee market, higher…
Hittin’ the road on recycled tyres
New access ramp to Metro Transit garage built with tyre-derived aggregate “Where the rubber meets the road” has taken on new meaning in Halifax Regional Municipality. The region, in partnership with the province and Stantec Consulting Ltd. of Dartmouth, used…