Local producers of rubber in Thailand agreed to cut down the production to by 100,000 tons starting October this year to boost the price of raw materials in the market.
Author: admin
RM300m to RM500m to be invested in automation by Glove makers
Malaysia rubber glove makers to increase investment, improve the automation system, reduce the labour cost and boost the employment of locals.
Border Near Kedah, potential for growth according to Najib and Yingluck
Prime Minister of Malaysia, Datuk Seri Najib Tun Razak and Prime Minister of Thailand, Yingluck Shina-watra, agreed to work together to develop Kedah, the border of both countries into a Rubber City.
Clariant to fast forward latex pigments business in Asia
Clariant aims to grow in the Asian latext pigments industry through building and expanding its services particularly in the healthcare and medical sectors.
Yokohama Rubber allies with Yokohama Tire Vietnam
Yokohama Rubber Co. Ltd. is winding up with the Yokohama Tire Vietnam Company (YTVC) in the hope of enhancing the tire production and marketing operations of Yokohama Rubber, the subsidiary owner of Yokohama Tire Vietnam Incorporated.
Rubber use is higher in first quarter
According to the International Rubber Study Group (IRSG) based in Singapore, the global global rubber consumption has greatly increased from 25.9 million tonnes in the last quarter of 2011 to 26 million tonnes in the first quarter of 2012.
Lanxess pumping up EPDM capacity in China
Lanxess is investing EUR235 million to construct the world’s largest 160,000-tonne/year plant for EPDM in Changzhou to meet global demand for EPDM that is growing 4% a year and 8% in China.
More R&D to stretch Malaysia’s rubber industry further
KUALA LUMPUR – Five new research and development facilities for the rubber production sector are in the pipeline, said Deputy Prime Minister Tan Sri Muhyiddin Yassin. He added that this was a part of the Government Economic Transformation Plan’s efforts…
Ansell and Ramsay Health Care enter global multi-year purchasing agreement
MELBOURNE , Australia – Ansell Limited , a global leader in medical gloves and healthcare safety solutions, has announced it has entered into a multi-year purchasing agreement with Ramsay Health Care , one of the largest private hospital groups in…
Cartel pushes up price of rubber
THE weak global economy has driven down prices for everything from copper to coal, and now the cartel that controls most of the world’s production of rubber, one of the hardest-hit commodities, is fighting back. The three Southeast Asian countries…