Category: Industry News

RM14b bonanza for M’sian glove makers

Malaysian rubber glove makers are confident of cementing their position as the world’s largest producer, backed by robust growth forecasts of 8% to 10% in volume. This is expected to generate about RM13 billion to RM14 billion this year. Most…

ITC backs SI Group in intellectual property raps

NEW YORK-headquartered SI Group, a global developer and manufacturer of chemical intermediates, specialty resins, and solutions, has won ts case in a landmark intellectual property lawsuit before the International Trade Commission (ITC). SI Group had filed a complaint with the…

Anti-dumping duties still on for Chinese tyres

THE US International Trade Commission (USITC), by the recent week’s 6-0 vote, ruled that it is extending anti-dumping and countervailing duties on off-the-road tyre (OTR) products from China after the first five-year review of the AD and CVD order imposed…

Malaysia’s natural rubber prices surge on demand

ACCORDING to market report, rubber prices closed higher, as data from China indicating that demand for natural rubber was increasing; the top rubber buyer’s rubber import climbed to a record of 270,000 tonnes last month. Accordingly, positive sentiments in the…