Specialty chemicals company LANXESS AG is to raise its prices for ethylene-vinyl acetate synthetic rubber grades (EVM). The increase will take effect in the EMEA, LATAM, APAC and GC regions on April 15, 2014, and in the NAFTA region on…
Category: Industry News
Malaysian rubber market eases on strong ringgit
Malaysian rubber prices closed lower for the fifth consecutive day today on further strengthening of the ringgit against the US dollar. A dealer said the local prices were also pressured by weaker economic data from China — the world’s second-largest…
TBC increased Hifly tyre range
TBC Wholesale is expanding its Hifly consumer tire program with the addition of 14 sizes to the AT601 All-Terrain line and size LT215/85R16 to the HT601 Highway All-Season line. Twelve metric sizes in rim diameters ranging from 15 inches to…
Bridgestone tied-up with Bandag and Bulldog
Bridgestone has been making moves to strengthen its position in the European bus and truck tyre segment through strategic retreading acquisitions for almost a decade now. Its targeted buyout of Bulldog Remoulds based in Lincolnshire in 2005 was one such…
Kedah decided to build Rubber City
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…
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…