Sheet rubber prices have fallen 5% in November so far following an increase in production amid slowing demand. On Wednesday, the RSS-4 variety, used in tyre manufacturing, was priced at Rs119 per kg. “In October, our production should be close…
Category: Industry News
Thailand to offer subsidies to rubber farmers during economic hit
Thailand approved a new subsidy and other measures on Tuesday to help its rubber farmers, who are struggling amid a slump in prices and have threatened protests. The world’s biggest rubber producer has been hit by a 40% decline in…
Malaysian rubber tappers unhappy at government’s lack of aid
Otai Reformis wants Primary Industries Minister Teresa Kok and her deputy Shamsul Iskandar Md Akin removed from their positions after the seeming inaction in helping rubber tappers through the dip in the price of the commodity. “Otai is disappointed that…
Cooper Standard to divest AVS business to Continental
Michigan-headquartered global supplier of systems and components for the automotive industry, Cooper Standard,is divesting its anti-vibration systems (AVS) business to Continental AG. Continental AG will purchase substantially all of Cooper Standard’s anti-vibration business in France and its respective interest in…
Industry leaders form platform for sustainable rubber
Natural rubber stakeholders gathered for the ceremonial launch of the Global Platform for Sustainable Natural Rubber (GPSNR). The independent platform aims to improve socio-economic and environmental performance of the natural rubber value chain. Stakeholders included tyre manufacturer, other rubber users,…
Voronezh tyre factory set to expand
Rostec and Pirelli Tyre Russia have signed an agreement to expand production capacity of the Voronezh tyre factory. The production volume double from 2 million to 4 million units per year, in accordance with increasing growth in Russian and international…
Relief package put together for rubber industry loss in Kerala floods
The Indian Rubber Board has submitted a US$33.5 million relief package to compensate for the devastating Kerala flood losses caused to the sector. According to D Anandan, chairman and secretary of the board, the damages are in the form of…
Industry leaders form platform for sustainable rubber
Natural rubber stakeholders gathered for the ceremonial launch of the Global Platform for Sustainable Natural Rubber (GPSNR). The independent platform aims to improve socio-economic and environmental performance of the natural rubber value chain. Stakeholders included tyre manufacturer, other rubber users,…
Self-lubricated condoms developed for comfort and functionality
Scientists have created self-lubricating latex condoms that become slippery on contact. The researching team, supported by the Bill and Melinda Gates Foundation, designed a special, durable coating that should last throughout intercourse.They hope it will make condoms more appealing to…
Michelin announces expansions on Candian site
Michelin North America reported two new projects at its site in Michelin Pictou County. Operations on a new Michelin winter tyre line, as well as the North American launch of an innovative process for semi-finished materials, is set to begin…