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,…
Category: Industry News
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…
Thai Deputy Minister hopeful to raise rubber prices by year-end
Deputy Minister of Agriculture and Cooperatives Amnuay Patise is confident that his ministry will be able to raise the price of third-grade smoked rubber sheets to 60 baht/kg by the end of this year. The minister is also preparing to…
Cooper’s legal battle with Apollo dismissed by Delaware Chancery Court
Cooper Tire & Rubber Co. says it is “pleased” its legal battle with Apollo Tyres Ltd. is over. The Delaware Chancery Court dismissed the Cooper’s lawsuit against Apollo last week. Cooper also says it plans no further claims against Apollo.…
Kerala Congress reports state-wide hartal due to rubber price slump
Kerala Congress (anti-merger group), in alliance with left parties, has decided to hold a state-wide hartal on March 14 to condemn the neglect towards agricultural sector and steep fall in the price of rubber. In a press conference held here…
Marangoni retreads 4 millionth tyre at Tennessee facility
Marangoni Tread North America Inc. (MTNA) has manufactured its 4 millionth tread at its Madison, Tenn., facility. MTNA began tread production at the Madison plant in 2004 and reached the 1 million tread mark in 2008. Since then, both capacity…