Chinese firms are in talks with Sri Lanka’s Plantation Industries Ministry to collaborate with local firms to channel substantial capital into commodities like rubber, tea and coconut plantations and production value chains to boost production and produce quality value-added products.…
Category: Industry News
Shutdown of Pirelli’s Venezuelan tyre plant sparks protests
About 100 workers protested outside Italian tyre manufacturer Pirelli’s Venezuela plant recently after finding the gates locked. Ten days prior, the country unveiled major economic reforms including a significant increase in the minimum wage – the fifth one of this…
Malaysia’s glove sector to grow to RM18 bn in 2018
Malaysia’s rubber glove industry expects to generate revenue of RM18.8 billion this year, up from RM16.2 billion in 2017, due to robust global demand, says the Malaysian Rubber Glove Manufacturers Association (Margma). President Denis Low Jau Foo said global demand…
Liberia gets call to boost rubber sector to pump economy
In a forum held recently, the President of the Liberia Bank for Development and Investment (LBDI) has called for a robust and innovative rubber sector in Liberia. John B. S. Davies, III, also wants a master plan that will guide…
India’s rubber output to be affected by floods in Kerala
With the southern Indian state of Kerala affected by worst floods in a century, the rising water levels are likely to impact rubber and other plantations in the region. Torrential rains in Kerala, India’s largest rubber producer and also a…
Samir Group to set up rubber processing plant in Ghana
Saudi Arabia’s Samir Group is to establish a rubber processing plant in the Eastern Region by next year under the Ghana government’s district industrialisation programme, One-district, One-factory (1D1F) initiative. Subsequently, the company says it has started up a 1,000 hectare…
Gajah Tunggal/IRC jv to build tyre plant in Indonesia
PT Gajah Tunggal IRC Manufacturing Indonesia recently held a groundbreaking event for the construction of its plant. The joint venture company between PT Gajah Tunggal and Inoue Rubber Company Ltd (IRC) of Japan, known as IGM, will manufacture motorcycle tyres…
Haydale expands elastomer capability
UK-based materials company Haydale says that it has completed the installation and commissioning of a two-roll lab mill at its site in Loughborough. This new investment will allow Haydale to compound nanomaterials into a range of elastomers that will support…
Glut in global rubber affects Ivory Coast
Rubber trees take six to seven years to mature before they can be tapped, a process which involves making incisions in the tree’s bark to allow its milky sap to collect in a cup attached to the trunk “We’re not…
FinTyre gets green light from EC to purchase Reifen
Italy-based European FinTyre Distribution Limited (EfTD), one of the largest Pan European tyre distributors, has been given the green light by the European Commission (EC) to acquire privately held Reifen Krieg Group, a leading full-range tyre wholesaler in Germany, a deal…