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Danish entrant in Sri Lankan tyre market

Danish company Starco has set up a tyre manufacturing plant in Sri Lanka. The new plant, which represents an initial capital investment of around EUR2 million, will specialise in the manufacture of solid rubber tyres, to be marketed worldwide under…

RM195 mn allocation for rubber replanting programme

PENAMPANG, Malaysia – The federal government has approved an allocation of RM194.723 million for the rubber replanting programme and new rubber cultivation nationwide for the 2011-2012 period. Plantation Industries and Commodities Minister Tan Sri Bernard Dompok said from this amount,…

Rubber smallholders encouraged to sell rubber seeds to Risda

KOTA BAHARU, Malaysia – More than 120,000 rubber smallholders in the country are encouraged to sell rubber seeds to the Rubber Industry Smallholders Development Authority (RISDA) to help with the agency’s replanting programme. Its Director-General, Datuk Wan Muhamad Zuki Mohamed,…

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…

Suppliers beefing up EPDM supply

Aligned with the high growth transportation and infrastructure megatrend, the global automotive industry is
projected to grow by 5% a year, with growth rates of 10% a year in China and South Asia.

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…