Kedah government is committed to realise the Rubber City project in Padang Terap elevate the livelihood of rubber tappers in the state. State Women Development, Community Welfare, Agriculture and Agro-based and Entrepreneur Development committee chairman Datuk Suraya Yaacob said…
Category: Industry News
Weak tyre demand laments Nokian
Nokian Tyres plc will release its first-quarter 2014 financial results on May 7, 2014. Of note: The results in Russia will be less than the company forecasted. “Due to a weaker forecast for the economy in Russia and CIS (the…
Philippines visited India to improve rubber production
Rubber is poised to emerge as a potent growth driver for economic relations between India and the Philippines which have remained muted over the years. A 35-member delegation from the Philippines, including government officials, rubber and products manufacturers, visited India…
Rubber-sellers hold back due to high prices of raw materials
Chinese consumers bid for prompt rubber shipments at below $2 a kg this week, but some sellers held back their cargoes because of the low prices and difficulties in getting raw material, dealers said on Wednesday. The dry season, which…
India’s 2013/14 rubber production fell
India’s natural rubber imports jumped 49.3 percent to a record 324,467 tonnes in the year ended March 31 from a year earlier as excessive monsoon rains hurt production, the state-run Rubber Board said. The country’s production fell 7.6 percent to…
Styron to convert its Ni-BR plant to increase tyre production
Styron, the global materials company and manufacturer of plastics, latex and rubber, today announced that it will convert its Nickel Butadiene Rubber (Ni-BR) production train in Schkopau, Germany, to Neodymium Butadiene Rubber (Nd-BR). Coupled with Styron’s existing leading technology in…
Rubber tappers suffered from revolt
Forty years have rolled since the first revolt by rubber tappers and smallholders but the issue of low rubber price still niggles their lives today. This time though the blow was harder as even the price sugar per kilogram superceded…
ContiTech aims for 5% higher sales for 2014
For 2013, German components supplier ContiTech, which is owned by the Continental Corporation, increased its sales by around 5%, to EUR3.9 billion. Heinz-Gerhard Wente, Head of the Continental ContiTech division and Chairman of the Executive Board of ContiTech, says that…
Swell on rubber output, price war expected
After years of massive expansion, tearing up forests and swallowing land in neighboring countries to create rubber plantations, Vietnam is reaping what it sowed: a swelling of output that has made it the third-largest rubber producer. Later this year rubber…
Sailun unveils two new tyres
Sailun Tire Corp. showcased two tyres from its Atrezzo and Terramax lines at a ride-and-drive event for dealers last week. The latest Sailun Tire Challenge was held at the Auto Club Raceway in Pomona, Calif. Organized by National Tire Warehouse…