Category: Industry News

Rubber price not reflective of fundamentals, says IRCO

According to the International Rubber Consortium (IRCo), as a result of a joint meeting between Senior Officers of the International Tripartite Rubber Council (ITRC) and Board of Directors of the IRCo, it has been concluded that the current price of Natural Rubber (NR) is…

ExxonMobil buys Lion’s facility in Baton Rouge

US chemicals firm ExxonMobil Chemical has acquired synthetic rubber maker Lion Copolymer Services’s facility, which is located adjacent to its Baton Rouge facility, for US$5.6 million. The sale includes three tracts of land spanning 94 acres. Lion Copolymer, which purchased the plant from East…