Thailand, the world’s biggest rubber producer and exporter, is currently promoting alternate uses of the prized material – the country has seen to the relocation of tyre-manufacturing from top consumer China, primarily because of poor car sales, and aims to…
Category: Industry News
More costly rubber gloves expected as Malaysian govt. raises minimum wages
The Malaysian government has announced that minimum wages in urban centres will be raised to MYR 1,200 per month as of 1 January 2020, in line with the government’s goal of a MYR 1,500 minimum wage under the Pakatan Harapan…
Austrian Semperit drafts new industrial rubber strategy; appoints new COO for 2020
Vienna-based rubber manufacturer Semperit AG Holding (Semperit) has unveiled a new strategy for its Industrial Rubber unit. According to Semperit, the four segments of the new strategy will comprise Semperit’s ‘profiles’ and ‘rubber sheeting’ business units which will be separated…
New Porsche Cayenne SUV to be fitted with Yokohama’s AVID GT tyres
Japan’s Yokohama Rubber Company (Yokohama) has been supplying premium auto manufacturer Porsche with original equipment (OE) tyres for use on the Porsche Cayenne SUV. The new Cayenne – the third model – will thus feature Yokohama’s first all-season “AVID GT”…
Michelin pushes for carbon neutrality at all plants by 2050 with new “green” strategy
Michelin is looking to cut down carbon emissions at its plants globally – the French tyre major specifically aims to reach zero carbon footprint by 2050, by consuming less and implementing an energy transition, in accordance with the Paris Agreement…
Vietnam gains more than US$2b over 11 months from rubber exports
Exports of 1.5 tonnes of rubber between January and November 2019 have earned Vietnam a whopping US$2.02 billion; about 200,000 tonnes of rubber was exported in November alone, which brought in some US$260 million. According to Vietnam’s Ministry of Agriculture…
Halcyon Agri launches Bounce rubber movement to shape a sustainable industry
Natural rubber (NR) corporation Halcyon Agri has recently launched the world’s first sustainable rubber movement, Bounce, which is aimed at driving consumer change for an equitable NR industry. NR is a widely-consumed, vital component of various industries including the transport…
China sets new guidelines to promote tyre recycling among public
The Chinese industry ministry is to step up efforts on the re-use/recycling of its waste rubber tyres to curb pollution and ensure “comprehensive utilisation” of resources. China has a mounting waste problem – transport ministry data figures at least 340…
Malaysia investment banker expects stronger rubber glove earnings in 2020
Malaysia’s Affin Hwang Capital Research (Affin Hwang) thinks the acknowledgement of high production costs and labour issues will boost performance in the rubber glove sector throughout 2020 – the group expects glove makers to benefit significantly from stronger US demand…
Metso Corp. to shut down rubber parts plant; restructure manufacturing operations in Sweden
Finnish manufacturer Metso will be discontinuing its rubber parts manufacturing operations in Ersmark, Sweden, in order to review its manufacturing capabilities in the European, Middle East and African (EMEA) region. The Ersmark plant produces rubber and mill lining wear parts for…