China has advised its domestic companies to file applications for a renewal of anti-dumping investigation into a type of synthetic rubber imported from South Korea, Japan and Russia, a step that could lead to extension of five-year duties against the…
Category: Industry News
Felda Global Ventures forms JV in Myanmar to build rubber processing plants
YANGON: Felda Global Ventures Holdings Bhd (FGV) plans to build a rubber processing plant worth RM30mil to RM45mil in Myanmar this year as part of its initiative to venture into rubber business in the country. The group, via its subsidiary…
Sumitomo opens synthetic rubber plant in S’pore
Japan-based chemical firm, Sumitomo Chemical, has officially opened its first solution-styrene butadiene rubber (S-SBR) plant in Asia outside Japan. The plant will make Singapore’s Jurong Island one of the world’s largest manufacturing sites for synthetic rubber. The product is used…
Stable latex price bodes well for rubber sector
KUCHING: The relatively low and stable prices of latex, coupled with robust demand, will boost the performance for rubber glove makers in Malaysia for the years to come. Affin Investment Bank Bhd’s research side (Affin Research) said latex prices have…
Toyo is latest tyres manufacturer to join TyreSafe
Toyo is the latest leading tyres manufacturer to join TyreSafe to help raise awareness about the possible dangers of illegal and defective tyres. As one of the leading manufacturers of high performance tyres, Toyo’s membership is another boost for the…
FGV to set up rubber processing plant in Myanmar
FGV Pho La Min Co Ltd, a joint venture company between FGV Myanmar (L) Pte Ltd and Pho La Min Trading Co Ltd (PLM), will invest between US$10 million (RM 32.6 million) and US$15 million to set up a rubber…
Affin Research maintains Overweight on rubber gloves, bullish on prospects
Affin Research has maintained its Overweight on the rubber gloves sector, naming Kossan as its top pick. In a note on Friday, the research house said its positive view on the sector is backed by the low and stable latex…
Rubber industry to remain resilient
The Malaysian rubber industry is expected to remain resilient this year bolstered by higher export earnings of rubber products and stronger global demand for rubber gloves. Malaysian Rubber Products Manufacturers’ Association President Datuk Dr Ong Eng Long said there will…
Yokohama presents its latest eco-friendly BluEarth tyres
Yokohama tyres presented the latest edition to its fuel-efficient “BluEarth” range for passenger cars in Europe at the Geneva motor show. Most sizes of the new BluEarth-A, which is will be introduced from this spring, have been awarded the C…
Comeback season for US scrap tyres?
The US tyre recycling industry will experience a ‘rebound’ in 2014 owing to good results for rubberised asphalt and crumb rubber, reports Tire Business. Even demand for tyre-derived fuel (TDF) will witness a partial comeback, specialists at the Rubber Manufacturers…