Styrene butadiene rubber (SBR) is expected to have a healthy compound annual growth rate (CAGR) of 4.3% by the end of 2026, according to report. The Future Market Insights forecast that SBR will have a sales increase of US$ 8.2…
Category: Industry News
SoKor rolls out high-tech tyres to catch up with car market
Korean tyre manufacturers are catching up with the fast-changing car market by developing innovative and high-tech tyre products. Currently, Kumho Tire is developing plastic tyres which will not become flat. The futuristic tyres are made up of special plastic materials which will…
Cambodia faces revenue losses even with higher rubber exports
Cambodia lost 4% year-on-year from dry rubber exports despite an increase in shipments. The Khmer nation reportedly increased 15% of exportation of dry rubber amounting to 217,500 tonnes, However, because the price of the commodity fell to US$1,319 per tonne…
China synthetic rubber leaps in bounds in 2023 – report
China’s synthetic rubber sees growth in 2023, according to an industry report. The Global and China Synthetic Rubber (BR, SBR, EPR, IIR, NBR, Butadiene, Styrene, Rubber Additive) Industry Report, 2018-2023 said that a growth rate of around 6% for synthetic…
GPSNR paves way for sustainable NR platform
More than 50 natural rubber stakeholders met in Singapore for a workshop featuring founding members of the Global Platform for Sustainable Natural Rubber (GPSNR), an independent platform to improve the natural rubber value chain, to align the organisation to a…
Kerala’s Rubber Industrial Park to aid farmers vs rubber price “crisis”
A first-of-its-kind Industrial park for rubber products manufacturer will be set up in Kerala, India. During the presentation of 2019-2020 state budget, Finance Minister Thomas Isaac announced that the Kerala Government plans to set up an integrated park for rubber…
Canada’s tyre distributor Giant acquired by Trelleborg
The second largest industrial tyre dealer in the Montreal area has been acquired by Trelleborg, a global engineering company that focused on polymer technology. Through Trelleborg Wheel Systems, an agreement of acquisition is sealed with PNEU ICM Inc, a specialized…
NR policies take toll on India’s largest rubber producer
Harrisons Malayalam (HML), India’s largest producer of rubber and other agricultural crops faces profit loss as restrictions on felling old rubber trees and lack of replanting measures continue. A loss of over Rs 100 crores over 13 lakh MT of…
Gevo innovates renewable isoprene for producing rubber
US-based renewable fuels and chemicals manufacturer Gevo Inc has developed a proprietary, breakthrough catalytic process that transforms low-cost commercially available, or even waste by-product, renewable alcohols into renewable isoprene that would be expected to compete head-to-head on price with natural…
Haldor Topsoe to provide technology for Nizhnekams’s isoprene rubber output
Denmark-based catalysis firm Haldor Topsoe has tied up with Russia’s PJSC Nizhnekamskneftekhim for license and engineering services for a new methanol unit with a capacity of 500,000 tonnes/year. Nizhnekamskneftekhim is building its new methanol production plant in Kazan, Tatarstan, in…