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Business with a sense of (re)purpose

GLOBAL demand for rubber gloves is increasing by 12% due to demand and consumption, according to major rubber analysts. Increasing throughput and capacity may boost the potential to cater to a larger market demand but along with this production comes…

Desma expands in China

HAVING been in the Chinese market since 2007, rubber injection moulding machine maker Desma has built up a market share of 10% in the country. In order to meet growth expectations, the German firm has now set up an office…

Rubber index introduced

GLOBAL information supplier Platts has launched a Natural Rubber Index (RBX), which comprises daily physical spot price assessments for Technically Specified Rubber Grade 20 (TSR 20) and Ribbed Smoked Sheets Grade 3 (RSS 3) grades of natural rubber. It reflects…

Glove makers set to raise prices

PETALING JAYA – Rubber glove makers are set to raise prices of their products, in view of costlier labour, fuel, packaging and a weakening US dollar. “Fuel and labour costs have gone up considerably. The US dollar, too, has weakened…

Asia to lead silicones growth

The global market for silicones is forecast to reach US$17.2 billion by 2017, driven by booming markets of construction, automotive, healthcare and chemical, says a new report from Global Industry Analysts.