TELUPID, Sabah – A rubber planting pilot project in the Ulu Tongod Forest Reserve jointly implemented by the Sabah Forestry Department and TSH Resources Bhd eight years ago has started bearing fruit with the first official harvest made recently. Sabah…
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Vystar Corporation signs LOI to merge with EcoGlove Asia Pacific Sdn Bhd
ATLANTA, GA – Vystar Corporation, the creator of Vytex Natural Rubber Latex (NRL), a patented, all-natural raw material that significantly reduces antigenic proteins found in natural rubber latex, has signed a Letter of Intent (LOI) to merge with EcoGlove Asia…
Latexx’s due diligence on YTY almost over
KUALA LUMPUR – Latexx Partners Bhd is poised to complete a due diligence on YTY Industry Holdings Sdn Bhd by as early as next month, says chief executive officer Low Bok Tek. “It should be completed by the end of…
Rubber industry welcomes CP involvement
RUBBER experts have welcomed the move by CP Group to enter the industry extensively, saying the presence of the agribusiness heavyweight would create more competition and benefit the industry as a whole The bright outlook in the next few years…
Goodyear closes Tennessee plant early
Goodyear Tire & Rubber Co. said Monday that it has stopped production at its tire manufacturing facility in Union City, Tenn. The tyre maker announced plans in February to close the plant by the end of the year, but said…
Apollo lands in Sri Lanka and the Middle East
TO get a foothold in the Sri Lankan market, India’s largest tyre manufacturer Apollo Tyres has tied up with Ideal Motors, the automotive distribution and marketing arm of Ideal Group. One of Sri Lanka’s fastest growing automotive majors with a…
Toyo Tire ties up with Chinese supplier
Toyo Tire & Rubber will set up a joint venture company with Wuxi Meifeng Rubber Products Manufacturing to manufacture and distribute parts for railway vehicles
Speed-E-Crete partners with Rubber Bark
US – In a move to increase visibility and awareness for both companies, Utah’s Speed-E-Crete, a full service concrete and landscape supply store and Merced County’s Rubber Bark, a tyre recycling company that manufactures rubber products, are announcing their partnership…
Ivorian rubber output seen up 5% in 2011
RUBBER output from Africa’s top supplier Ivory Coast will rise 5 % this year to 238,000 tonnes as high prices tempt farmers to plant more acreage despite a political crisis, a top industry official said. The country produced 227,000 tonnes…
Soaring rubber prices skids sales of slippers
KOCHI – Rising rubber prices have led to more expensive footwear for the common man. Prices of no-frill rubber slippers and flip flops have doubled in the past 18 months. Higher prices and the use of substitute raw materials have…