Delticom reported profits from the last three quarters of the year warning investors of a not-so-bright future.
Category: Industry News
Rubber demand-supply gap widens
The gap between rubber demand and supply continues to widen as the production of tyres rise.
Top Glove on a high
Malaysia’s leading rubber gloves manufacturer, Top Glove is expecting to stay on its thrown as the company continues to widen its production, research and development and activities.
Tyre makers favour rubber imports amidst price slip
Tyre makers continue to import rubber as the prices for rubber in the local market soars high.
Tyre makers buy as prices drop
China, India and other exporters of rubber and tyre makers continue to buy rubber despite of the prices going down.
Latex prices to remain at RM 6-7 per kg accdg to Top Glove
The world’s largest rubber gloves manufacturer Top Glove said that the rubber gloves will likely steady its price ranging from RM 6-7 per kg.
Apollo Tyres to acquire Cooper Tyre & Rubber
Apollo Tyres, the largest tyre manufacturer in India is processing its acquisition of another tyre manufacturing company, Cooper Tyre & Rubber Company.
Goodyear’s Fayetteville plant to lower tyre production
Goodyear Tyre & Rubber Co. is planning to cut down its rubber tyre production in its Fayetteville plant to answer the demands of the industry.
National Treasury spends US$ 80m on tyre smuggling per annum
The national government of China and India lose US$ 80m every year due to unscrupulous players in the tyre manufacturing industry that smuggle used tyres.
Rubber glove shares move up
Malaysian rubber glove shares rose on Monday against the acquisition updates and mergers as well as favourable macro factors which are anticipated to hang out well for the financials of these companies. By to the Austria-based Semperit Aktiengesellschaft…