Thailand recently approved state measures to tackle low rubber prices, including a new loan package worth 20 billion baht for entrepreneurs who agree to purchase and stockpile rubber. According to Grisada Boonrach, the agriculture and cooperatives minister, the measures were…
Category: Industry News
The natural rubber industry still an important part of the Malaysian economy – Deputy Chief Minister
The natural rubber industry is still an integral part of the Malaysian economy, given that its contribution to the Gross Domestic Product (GDP), export earnings and employment for a large number of smallholders is significant Deputy Chief Minister Datuk Amar…
Chief Minister of Tamil Nadu launches relief plan for rubber farmers
Continuing his assistance to various sections of the cyclone Ockhi-affected people in Kanniyakumari district, Tamil Nadu’s Chief Minister Edappadi K Palaniswami has announced a special livelihood rehabilitation package for growers of banana, rubber and clove, directing the officials to ensure…
Fire damages rubber plant in Nan, Thailand
A rubber sheet factory in Nan, Thailand, was damaged in a fire recently. Police said the fire started at the factory belonging to the Ban Huay Haed Rubber Cooperative in Phupiang district’s Tambon Faikaew early in the night. Cooperative officials…
Arlanxeo launches unique Keltan 5-digit EPDM grade
Arlanxeo, a firm that specialises in performance elastomers, has launched a semi-crystalline EPDM grade with a very high Mooney viscosity for demanding rubber applications, particularly in the automotive industry. Keltan 13561C DE delivers excellent mixing and fast extrusion behavior with…
Use of wood from rubber, oil palm trees increasing – MTIB
Malaysia is using more wood from oil palm and rubber trees as raw materials due to their versatility and durability. The move away from hardwood timber was also in line with efforts to conserve the country’s natural forests, said Malaysian…
India’s rubber farmers seek early transfer of aid
The distribution of benefits under the Rubber Production Incentive Scheme of the State government to support farmers during the price fall of the commodity has come to a standstill, affecting hundreds of farmers in the rural areas of Kozhikode. The…
Malaysia, Thailand and Indonesia implements fifth Agreed Export Tonnage Scheme (AETS) which would restrict natural rubber exports
Malaysia, Thailand and Indonesia have agreed to implement the fifth Agreed Export Tonnage Scheme (AETS) beginning tomorrow (Friday). In a statement, the International Tripartite Rubber Council (ITRC) said under the scheme, the three ITRC member countries would restrict exports of…
Shares of Malaysian glove makers take a tumble due to looming gas price hike
Shares in Malaysian rubber glove makers have seen a dip after the government announced it will increase natural gas price by 22.9%. Shares in Supermax Corp Bhd dipped as much as 5.26% or 10 sen to RM1.80, before recouping slightly…
Halcyon Agri Corporation buying four Indonesian crumb rubber factories for US$105.3 million cash.
Natural rubber supplier Halcyon Agri Corporation is buying four Indonesian crumb rubber factories for S$105.3 million in cash. The group said that a memorandum of agreement it entered into on Dec 5 with the vendors – Liauw Chiang Sioe and…
