Following the impact of the COVID-19 pandemic, Indian tyre manufacturer Apollo Tyres (Apollo) said it will stop production of passenger car tyres at its plant in Enschede, the Netherlands, to focus instead on production of specific high-performance passenger and agriculture…
Category: Industry News
Yokohama Rubber, RAOT to cooperate for sustainable NR procurement in the country
Yokohama Rubber has recently partnered with the Rubber Authority of Thailand (RAOT), a state enterprise under the jurisdiction of Thailand’s Ministry of Agriculture and Cooperatives, to provide economic support for natural rubber (NR) farmers in Thailand and to improve traceability…
World Rubber Summit 2020 postponed to September
The World Rubber Summit (WRS), to have been held 4-6 May 2020 in Abidjan, Cote d’Ivoire, has been postponed. Organised by Singapore-headquartered International Rubber Study Group (IRSG), in collaboration with the Ministry of Agriculture and Rural Development of the Government…
Rubber demand to be affected by coronavirus, says ANRPC
Against the back of the coronavirus pandemic, demand and production of natural rubber is on a downward trend, prompting the Association of Natural Rubber Producing Countries (ANRPC) to revise its 2020 global outlook for natural rubber (NR). The association said it expects NR production to grow by 2.7% this…
Coronavirus struggle forces Asian automakers to suspend production in US
Asian auto makers based in North America (NA) will temporarily suspend production from next week as the struggle with the new coronavirus outbreak continues. Among them is Toyota Motor: the Japanese auto maker employs 47,000 people in NA and will…
Cambodia to adjust rubber export tax rate to ease struggling farmers’ burden
The recently signed sub-decree exempting export tax on rubber will greatly assist the struggling rubber industry in Cambodia when it comes into effect in April this year. The sub-decree, signed by Prime Minister Hun Sen, states that dry rubber will…
Epsilon Carbon to build environmentally-friendly carbon black facility in Karnataka, India
Coal tar derivatives company Epsilon Carbon will soon set up an environmentally-friendly carbon black facility in Karnataka, southern India. The company reveals that the first phase of the new, US$121.1 million carbon black facility is expected to be commissioned by…
Nokian Tyres’ Dayton factory starts up commercial production
Manufacturer Nokian Tyres has begun commercial tyre production at its North American (NA) factory in Dayton, Tennessee. It is the company’s third global production facility, joining others in Finland and Russia. The company officially broke ground on the factory in…
Rubber glove stocks rocket after COVID-19 pandemic declaration
Rubber glove manufacturers have seen increased demand since the World Health Organization declared the COVID-19 outbreak a pandemic – gains were reflected in rubber glove stocks, including Malaysian rubber glove manufacturers such as Top Glove, Hartalega Holdings, Kossan Rubber Industries,…
Ansell to purchase 50% equity in Malaysian glove maker
Australian protection solutions provider Ansell Limited is acquiring 50% of the issued shares in Careplus (M) Sdn Bhd from Careplus Group Berhad for a total consideration of RM37 million (approx. US$9 million) including capital investments and subject to Careplus Group…