The the new tyre labeling will affect not only the European market but also the entire global tyre industry, says Lanxess’s Dave Hardy
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Malaysian rubber prices expected to remain strong
This extended strong performance is partly brought about by Malaysia as well as Indonesia’s moves to reduce production.
Muffed duty structure hits Indian rubber sector
The duty on input rubber is higher than on tyre and non-tyre rubber products, making it cheaper to import finished products than raw materials.
More tax incentives for gloves sector in the 2013 Budget – Margma
The Malaysian Rubber Glove Manufacturers Association looks forward to seeing more tax incentives including reinvestment allowance and pioneer status for the rubber glove industry in the 2013 Budget.
Apollo Tyres plunges on cartelisation probe
SHARES of Apollo Tyres , India’s largest tyre manufacturer, tanked over 3.5% as CNBC-TV18 reported quoting sources that the Competition Commission of India (CCI) has been probing five big tyre companies for cartelisation. Sources say, competition panel decision on tyre…
Goodyear’s AMT system for self-inflating tyre
US-based Goodyear Tire & Rubber has introduced its Air Maintenance Technology (AMT) for tyres , which will maintain their constant pressure even without using external pumps, electronics or driver intervention. AMT can improve fuel economy , citing Goodyear’s own estimate…
Synthetic tyre regulations encourage green support
The new regulations in tyre production of some countries that uses synthetic rubber encourages the use of eco-friendly tyres.
Continental A.G. eyes Germany as new location for recycling plant
Conti is said build a new rubber recycling plant in Hanover to be used in manufacturing new and retreaded rubber tyres.
RM398 million budget for Risda’s rubber programme
KUALA LUMPUR – The Rubber Industry Smallholders Development Authority (Risda) has received a budget of RM397.7 million the highest so far from the Government for rubber replanting and new planting programmes nationwide, said chairman Tan Sri Abdul Rahim Tamby Chik.…
Thailand approves additional budget for buying rubber
BANGKOK, Thailand – The country continued to intervene in the rubber market although prices have rebounded due largely to the prospect of rising demand after the Federal Reserve launched a new stimulus programme for the US economy, dealers said. The…