Declining rubber prices left the property market and residential demand in Thailand’s southern provinces to depend on investments from the government in infrastructure projects. Sureeratana Luckananit, senior director of the southern regional office of the Bank of Thailand, says the…
Category: Industry News
Toyo Tire Malaysia has manufactured more than 10 million tyres
Toyo Tyre Malaysia Sdn Bhd (TTM), the Malaysian automobile tyre manufacturing subsidiary of Japan-based Toyo Tire & Rubber Co., Ltd., has manufactured more than 10 million tyres. TTM was established in Malaysia’s Perak State in May 2013 as one of…
RISDA to disburse RM200 mn in dividends to rubber smallholders, next of kin
The Rubber Industry Smallholders Development Authority (RISDA) is disbursing RM200 million worth of dividends to participants of its cluster new planting plan (RTBB) and commercial replanting (TSK) initiative. They are calling on the participants or their next of kin to…
India abolishes cess on rubber, automobile and other goods
India’s central government has removed additional cess on goods and services included in the last three General Budgets – 2015-16, 2016-17 and 2017-18, as per a notification by the Finance ministry on June 7, 2017, to ensure the smooth rollout…
Malaysia working on new road-building method using coagulated rubber
Malaysia is working on a new innovative road-building technique using coagulated rubber that could mean more durable roads for the country and a new opportunity for the rubber industry in the future. Over the past two years, the Malaysian Rubber…
Toyoda, ASM to develop smart polymer e-Rubber for robots, devices
Toyoda Gosei Co Ltd, a Japan-based specialty manufacturer of rubber and plastic automotive parts, an exclusive licensing agreement for the use and sale of the Slide-Ring Material, a key material in e-Rubberto be used in dielectric actuators and dielectric sensors.…
3-D printing of porous silicone rubber structures now possible
Flexible and porous silicone rubber structures can now be 3-D printed thanks to a new technique that uses the principles behind the formation of sandcastles from wet sand. The method combines water with solid and liquid forms of silicone to…
Sinopec cuts eastern China butadiene prices by 8% amid oversupply
China Petroleum and Chemical Corporation (Sinopec) reduced its ex-works prices for butadiene in eastern China by 8.2% (around Yuan 700 per metric tonne) amid an oversupply of the commodity, bringing the price down to Yuan 7,800/mt, or about US$962/mt on…
Top Glove looking to expand in China with new M&As, JVs
Malaysian rubber glove manufacturer Top Glove is seeking to expand its market share in China through new merger and acquisition (M&A) and joint venture (JV) opportunities. In an interview, executive chairman Lim Wee Chai said the company, which accounts for…
Another patent battle win for Bridgestone against Chinese manufacturers
Japanese tyre manufacturer Bridgestone won another patent lawsuit against Guangzhou-based Wanli Tire, making it the second time in less than a year they have succeeded against Chinese manufacturers in its war on intellectual property infringement. Tokyo-based Bridgestone said the Shanghai…