THE MALAYSIAN Rubber Glove Manufacturers Association (Margma) say that there is a likely price increase in gloves to offset production costs due to electricity tariff hike. MARGMA President Lim Kwee Shyan said the production cost for 1,000 gloves will increase…
Category: Industry News
India’s replacement tyres market posts robust sales
THE SLOW demand for passenger cars in India did not tip off the growth of replacement passenger car tyre market. Based on a recent study by GfK, there are over 5.5 million car tyres sold in India’s replacement market in…
Gapkindo bids for output reduction by 10%
THE INDONESIAN rubber group (GAPKINDO) proposes to the country’s sector to reduce its output by 10% by next year. Meanwhile, it also urges other Southeast Asian rubber producers to follow suit, to minimise global stocks and support prices, which according…
Lanxess integrates its polymer testing and innovation centres
GERMAN chemicals firm Lanxess has been offering the services of its Polymer Testing Centre to external customers, and recently, it has also integrated the centre, which was previously part of the High Performance Elastomers business unit into its Innovation &…
Lanxess hikes chloroprene rubber price
GERMAN specialty chemicals firm Lanxess has announced an increase of up to EUR180 (US$245)/per metric tonne in the global price for its Baypren branded Chloroprene Rubber (CR). Increasing raw material and energy prices are pushing the CR cost, says Lanxess.…
Environmental group tells investors to bow out on Vietnamese rubber firm
ACCORDING to environmental group, Global Witness (GW), the Vietnamese rubber company, Hoang Anh Gia Lai (HAGL) did not keep up to its commitments to address environmental and human rights abuses in its plantations in Cambodia and Laos. Moreover, GW says…
IOCL debuts India’s first SBR plant
THE INDIAN Oil Corporation Limited (IOCL), the country’s state-owned oil and gas company, has launched India’s first e-SBR (styrene butadiene rubber) facility, sited at Panipat, near the naphtha cracker plant of the IOCL refinery . M Veerappa Moily, the union…
Cabot consents to USEPA initiative on carbon black production
CABOT Corporation has agreed to US Environmental Protection Agency’s (USEPA) national enforcement initiative to control industrial air emissions, including carbon black manufacturing facilities. Inline with the initiative, Cabot has agreed to reduce emissions of nitrogen oxide (NOX), sulfur dioxide (SO2)…
IRC pines for growth on UAE’s booming construction industry
SYNTHETIC rubber profiles manufacturer, International Rubber Company [IRC], is eying a 15% year-on-year sales growth, as demand for rubber insulation products in the region in lieu of the booming construction industry im the Gulf. To achieve this, the firm says…
Rubber rebounds on strengthening China, weakened yen
Rubber returns at the highest level after Japan’s currency slid and China’s output increases. According to customs agency, natural rubber imports by China were 190,000 tonnes in October. Bloomberg data showed that volume increased from 179,921 tonnes in September and…