Rubber industry have started to show some positive after China’s retail and export sales have expanded and Yen have weaken against US dollar.
Category: Industry News
EU starts compulsory performance labeling
European Tyre & Rubber Manufacturers’ Association will begin its compulsory performance labeling today to ensure that all the tyres that consumers will get to purchase are fuel-efficient and safe to use.
Bukidnon group to plan rubber road map
A cluster group was formed in Bukidnon in Philippines, after a successful rubber seminar was held. Now, the group is creating a road map for the soon to be rubber industry in the province.
M’sia Govt affirmed small industry players
The Malaysian government has assured smallholders of rubber in Sabah that they will not be affected negatively by the rubber cess collection.
Goodyear shares and income fall
Goodyear’s net income and revenue falls to 32% as the European economy continues to slow dropping down the demand for tyres to 13%.
Goodyear to produce truck tyres in China
Multinational tyre manufacturer Goodyear has started producing truck tyres in its larger and more modern plant in China, around the Liaoning Province.
Rubber market likely to become grumpy this week
The Malaysian rubber market is expecting to have a grumpy week as the uncertainties in the global economy continues as well as the regional statements.
Council backs up Tyre Safety Week
Carrickfergus Borough Council supports the Tyre Safety Week through encouraging vehicle owners of using tyres that are appropriate for the season.
Michelin boosts marketing network
French tyre maker Michelin is boosting its marketing network and raising awareness regarding radial tyres.
Delticom warns on profit outlook in 3Q results
Delticom reported profits from the last three quarters of the year warning investors of a not-so-bright future.