The gap between domestic production and consumption of natural rubber is on the increase, leading to heavy shortage for the commodity in local market. Total production during April–January period of the current financial year was 723,000 tonnes, while consumption was…
Category: Industry News
Rubber price continues downtrend from last week’s closing
The Malaysian rubber market continued its downtrend from last Friday’s closing, following the negative sentiment brought about by the fall of other regional markets, a dealer said. He said that the market sentiment was jittery due to worries over the…
Falken Tire launches its new flagship tyre
Falken Tire, a high performance tyre choice for driving enthusiasts has announced launch of its new strongest and quietest ultra high performance tyre — the AZENIS FK453, which is currently on sale in Kuwait. The next generation AZENIS FK453isFalken’s new…
Tung Yu’s collaboration with Rep bears fruit
In 2004, Taiwanese rubber injection machine maker Tung Yu started a collaboration with French injection moulding machine maker Rep International, which has been manufacturing since 1948. The cooperation was based on the technology and sales channel cooperation to become the…
CEAT drops after major fire at Bhandup plant
Key benchmark indices retained positive zone in afternoon trade. The barometer index, the S&P BSE Sensex, was up 57.07 points or 0.28%, up close to 120 points from the day’s low and off about 10 points from the day’s high.…
Recovery in rubber industry’s growth is imminent: Sheela Thomas
Current low rubber prices and declining demand for its products is a matter of concern but growth of rubber industry has always been cyclical and recovery is “imminent”, Rubber Board Chairman Sheela Thomas said today. “Every industry passes through perils…
British racing ‘will suffer’ if Dunlop tyre factory closes
The £9 billion motorsport industry will be hit hard if Goodyear Dunlop presses ahead with plans to close its Birmingham tyre factory, manufacturers and politicians have warned. Proposals to shift production of high performance tyres from the Dunlop Motorsport factory…
Yokohama invests Rs 300 crore in first Indian plant
Yokohama opened its first tyre manufacturing unit in India at Bahadurgarh in Haryana with an investment of over Rs 300 crore. The first phase of production is expected to start in the second half of 2014 with a maximum production…
WTB adds Nano gravel tyre
WTB has a new, gravel-specific tyre, the Nano 40c, which boasts a plump 40mm casing, a rounded profile and a center-line tread pattern designed for riding and racing road bikes on gravel and dirt roads. WTB debuted the tire at…
Absence of China in global market caused fall in rubber price
The continuing slowdown in the European and the US economies apart, Chinese withdrawal from the global market before the end of December had fuelled the current fall in natural rubber price, said Rubber Board chairman Sheela Thomas here on Wednesday.…