Spot prices of styrene butadiene rubber (SBR) in India look set to fall further as suppliers from Asia and Europe are diverting surplus stocks away from the weakening Chinese market, industry sources said on Thursday. These suppliers have been cutting…
Category: Industry News
Malaysian rubber compound producer benefits from rubber price fall
The slumping rubber price bodes well for Goodway Integrated Industries Bhd that relies on the commodity to undertake its business of producing rubber compound and tyre retreading. Local latex prices sank to its lowest level in more than five years,…
Rubber producers meet to discuss measures to reverse rubber price fall
Top rubber producers will meet in Malaysia next week to discuss measures to support prices, Thailand’s Agriculture Minister said roday, as farmers reel from a slide in the value of the commodity to a five-year low. A supply glut and…
Sri Lanka to set up laboratory complex to boost Rubber industry
The Ministry of Plantation Industries has taken steps to enhance Research Innovation and Development Capabilities in the Rubber Research Institute. With the view to enhancing the capabilities of the Institute, it is proposed to set up a modern laboratory complex.…
Bridgestone launches improved air free tyres in Paris
Japanese tyre giant Bridgestone is showing off a revamped model of their prototype Air Free tyre at the 2014 Paris Auto Show. First unveiled in 2011, Bridgestone has been working hard to improve their invention, which works by replacing the…
Atturo reveals new all-terrain tyre
Atturo Tire Corp. has introduced the Trail Blade X/T, an all-terrain tyre that combines on-road performance with the off-road look of a mud terrain tyre. The company says the tyre meets customer requests for a highway tyre with the aggressive…
ContiWinterContact TS 850 wins winter tyre tests
With a “good”/”highly recommended” rating, the ContiWinterContact TS 850 emerged from the joint winter tyre test conducted by ADAC, ÖAMTC, TCS and Stiftung Warentest as the best winter tyre in both sizes. The tyre experts tested 14 winter tyre models…
Trelleborg plans to invest in construction tyre market
Demand for industrial tyres — especially for forklifts and small construction vehicles — is improving this year, according to Ydo Doornbos, managing director for Trelleborg Wheel Systems Americas Inc., which specializes in solid tyres for the industrial, OTR and agricultural…
Indian natural rubber imports likely to touch $1.1 billion
Growing at a compounded annual growth rate (CAGR) of about 32%, import of natural rubber in India in value terms is likely to touch $1,107 million by the end of the ongoing fiscal year (FY) 2014-15 as the country had…
Tokyo rubber futures plunges to 5-year low
Rubber sank to its lowest level in more than five years amid speculation that calls to restrain supplies from the world’s two biggest producers wouldn’t be enough to offset slowing demand.An industry group in Thailand asked members not to sell…