Author: admin

Philippines issues IRR for rubber research institute setup

THE PHILIPPINE’S Agricultural Department has recently issued the implementing rules and regulations of a law that creates the Philippine Rubber Research Institute, to develop the country’s rubber industry. An initial Php 100 million (about US$2.5 million) has been allotted for…

Sri Lanka rubber firms to venture in Vietnam

RUBBER manufacturing firms in Sri Lanka will be venturing in some projects in Vietnam to ensure a stable supply of natural rubber in the future, according to Sri Lanka Society of Rubber Industry (SRI) Chair, W. T. Ellawala. Vietnam, the…

Philippine agencies to form rubber industry cluster teams

THE DEPARTMENT of Agriculture (DA) and Department of Trade and Industry (DTI) are forming regional and provincial rubber industry cluster teams in MIMAROPA region (which includes the provinces of Mindoro, Marinduque, Romblon and Palawan), Philippines. The move is part of…

Petrochem giants seek funds for KSA rubber plant expansion

SAUDI  Basic Industries Corp  (SABIC) and Exxon Mobil  are seeking US$1.2 billion funds from banks for the expansion of their petrochemicals joint project in the Kingdom of Saudi Arabia (KSA), according to sources. Allegedly, Al-Jubail Petrochemcial Co (Kemya) will source…

Rubber compounder SPC takes over Jevsa

RUBBER compounding specialist SPC Europe Ltd has acquired the assets of the Barcelona-based rubber compounder, IACP JEVSA, S.A (Jevsa). According to SPC, it has been negotiating with the Administrator for some months and finally closed the deal on 25 July…

Regupol to expand US facility

REGUPOL America, the inventor of recycled rubber flooring for athletic and commercial surfaces, is expanding its Pennsylvania headquarters. According to the company. its campus at the business park will increase to 26 acres once the new plant is completed in…

China hikes anti-dumping duty on SR import from Japan

ACCORDING to China’s Ministry of Commerce, it is increasing the current anti-dumping levy of 9.9% on imported chloroprene rubber, a type of synthetic rubber, supplied by Japanese firm Denki Kagaku Kogyo Kabushiki Kaisha, after complaints from local rubber makers start…