Speciality chemicals firm Lanxess has recently broken ground for its 140,000 tonnes per annum Nd-PBR facility worth EUR 200 million (S$ 317 million) on Jurong Island in Singapore
Category: Feature
India rubber to extend gains
The India rubber price is expected to extend gains as the price of the rubber jumps by 1 to 2 rupees every day, making the farmers to hope that the prices will boost up to 200 rupees in the coming days.
Sri Lanka to make strides of its rubber infrastructure
Sri Lanka is making strides of its rubber sector to improve its production and export with the primary goal of achieving the target of $4 Bn rubber exports target by 2022.
Futures rally due to Fed move
Rubber Futures rally in Asia as the US Federal Reserve announced it news move to boost the job growth rate of in the US and its economy in general.
Tyre manufacturers purchasing rubber in Southeast Asia
Tires makers have been busy buying rubber from Southeast Asia as the prices of rubber in the rubber market is expected to rise due to the US Federal Reserve.
El Niño to decrease Indonesia’s rubber production
Indonesia’s rubber production is anticipated to fall this year as the country gets affected by El Niño.
Thai rubber producers to cut 100,000 tons production in the 4th quarter
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.
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.
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.