Cambodian rubber exports increased 22% during the first nine months of the year, compared to the same period last year, according to the Ministry of Agriculture. Local producers exported 140,303 tonnes of rubber during the period, an increase of 25,240…
Category: Industry News
Camso opens new facility in Iowa
Camso recently celebrated its new manufacturing facility in Peosta, Iowa with its employees, family, members of the community, customers, partners, and the media. The new building features and expansive 240,000 sqf layout, and guests were able to watch the assembly…
Michelin revises market forecast based on EU emissions squeeze, China slowdown
French tyre maker Michelin has revised the full-year forecasts for the global tyre market, warning that a sales slowdown could worsen in the fourth quarter, against the back of slower demand from China’s car market and new emissions standards in…
ANRPC: Slower growth in rubber market due to China’s economic turbulence
According to the Association of Natural Rubber Producing Countries (ANRPC), the global consumption for rubber grew 6.6%, on a year-to-year basis, to 10,653 million tonnes from January 2018 to September 2018. Meanwhile, the global production recorded a slower growth at…
IRSG photo competition to focus on women in rubber
Women play an important role in the whole rubber value chain, from nurturing, harvesting, processing, trading, and manufacturing. For International Rubber Study Group’s (IRSG) 75th Anniversary, the Singaporean market researchers are organising a photo competition to feature women’s contributions towards…
Marangoni honours the 50th anniversary of a key partner
Marangoni recently celebrated the 50th anniversary of Recauchutagem Ramôa, their major Portuguese client and member of the RINGTREAD network of retreaders. The event was attended by more than 250 participants, including all 110 employees. Guests included Enrico Centi, Area Manager…
Increased growth in transmission belts forecast over the next decade
The global rubber transmission belt market size is expected to reach US$4.41 billion by 2025, with a compound annual growth rate (CAGR) of 3% from 2017-2025. The market has been experiencing an uptake in demand due to infrastructure development, concentrated…
Jolt Capital leads EUR15 mn financing in 4JET to continue growth
Paris-based private equity firm Jolt Capital has pumped in EUR15 million into Germany-based 4JET GmbH, joining shareholders e-Capital, a Münster-based alternative investment fund manager, and CEO/Founder Jörg Jetter to further scale up the company. 4JET, through its subsidiaries 4JET Technologies…
Tyres being lifted from the seabed in France after releasing toxins
Teams of divers are in the process of extracting an artificial reef made of tens of thousands of old car tyres from the seafloor south of France, after it was discovered to pollute the area with toxic chemicals. The operation…
Vietnam’s rubber sector hit by US/China trade war; eyes India for exports
With the escalation of the US/China trade war, the Asian region has fallen victim to the spat. Vietnam’s rubber sector has been affected since China is the largest importer of Vietnamese rubber, for its tyre manufacturing sector. The US government…