Michelin Aircraft tyre has announced that its tyres were fitted for the first flight of the new Airbus A350-900 aircraft. And Airbus has delivered the first A350 XWB to Qatar Airways equipped with Michelin Air X tyres, featuring “Radial NZG…
Category: Industry News
Increase in rubber prices expected due to flooding in Malaysia and Thailand
Bloomberg reports, “Palm oil and rubber advanced as flooding in Malaysia and Thailand disrupted supplies from Southeast Asia, and forecasters said that further heavy rain over the next few days will probably exacerbate the situation. Palm oil for March delivery…
Federal run flat tyres wins Good Design award
Federal Corp. has received a Good Design 2014 Award in the transportation category for its high performance Formoza AZ01 and Formoza AZ01 FRF (Federal Run Flat) tyres. Federal says it is the first tyre company in Taiwan to win the…
Vietnam tyre market grows at a CAGR of over 8%
According to recently published TechSci Research report “Vietnam Tyre Market Forecast & Opportunities, 2019′, the tyre market in Vietnam is forecast to grow at a CAGR of over 8% during 2014-19. Prominent factors driving the market include growing automobile sales,…
AITDF requests ministry of road transport to reduce tyre prices
The All India Tyre Dealers’ Federation (AITDF) is pleading with the ministry of road transport to take up the cause of road transporters who have been asking for a reduction in tyre prices due to the fall in raw material,…
Malaysian rubber market expected to improve in 2015
The natural rubber (NR) industry is expected to recover next year, supported by increased demand from consuming countries amid low supply, says Malaysian Rubber Board (MRB) director-general Datuk Dr Salmiah Ahmad. She said the brighter prospects would be supported by…
Indonesian NR exports to remain dormant in 2015
Indonesia’s natural rubber exports are expected to remain stagnant at this year’s level as production is set to stay low due to poor weather and weak prices in the international rubber market. The association of Indonesian Rubber Producers Association (Gapkindo)…
Sri Lanka rubber production downsurges
According to the Department of Census and Statistics, rubber production had seen a decline of 21.1 percent during the third quarter of 2013 and the low demand for Sri Lankan natural rubber in the world market had dropped attributing to…
Kerala rubber farmers annual earnings declines 3,500 crore
Plunging rubber prices in central Kerala has dampened the Christmas market in the towns like Kottayam and Pala, the rubber-heartlands of the country. Rubber-growing areas of Kerala account for 90% of the nation’s natural rubber production (7.44 lakh tonnes in…
Nakhon Sithammarat rubber planters receives gov’t aid
Over 200 rubber planters in Nakhon Sithammarat Province yesterday received the assistance fund of 1,000 baht per rai as promised by the government . Presiding over the fund handing out ceremony, Lansaka District Chief Kittipan Petchu said a total of…