Category: Industry News

Natural rubber-producing countries to curb exports to boost prices

Three natural-rubber producing countries – Malaysia, Indonesia and Thailand – are considering reducing natural rubber exports to stabilise and boost commodity prices, which still continue to fluctuate after signs of recovery. Excessive speculation resulted in “unfair prices” for both producers…

Doublestar to buy Kumho; Chairman opts out

Kumho Tire Co.’s sale of a 42% stake to China’s Qingdao Doublestar Tyre will go ahead as planned as Kumho Asiana Group Park Chairman Sam-koo says he is giving up his right to reclaim Kumho Tire, according to Pulse News.…