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…
Category: Industry News
Sustainability, theme of forthcoming Rubber Summit in Singapore
THE World Rubber Summit (WRS) 2014, promised to be the biggest gathering of business and policy makers for the rubber industry will be held at the Marina Bay Sands Expo & Convention Centre in Singapore on May 19-21, The summit…
ETRMA reports European replacement tyre market firming up
THE EUROPEAN Tyre and Rubber Manufacturers Association (ETRMA) recently released a report on its members’ sales in 2013, indicating that the year has sustained from a substantial contraction of the market that was marked with a double digit drop in…
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…
Vietnam rises to the third largest rubber exporter spot
THIS YEAR, Vietnam is projected to increase rubber output to 1.5% to 995,000 metric tonnes, following a 14% to 980,000 metric tonnes increase in 2013. The growth in yields has made Vietnam edged out Malaysia from its third spot ranking…
PanAridus joins consortium; replaces Yulex in guayule rubber project
ARIZONA-based PanAridus is joining Cooper Tire & Rubber and its consortium partners on a previously-announced US$6.9 million Biomass Research and Development Initiative (BRDI) grant toward development of guayule plant-based polymers for use in tyre manufacturing. The BRDI is a joint…
Michelin pulls out 1.3 million truck tyres for air, tread loss risk
MICHELIN North America, Inc recently announced a safety recall of approximately 1.3 million of its Michelin LTX M/S commercial light truck tyres sold primarily in the US, Canada and Mexico. The tyres are typically found on such vehicles as commercial…
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…
Energy cost hike in Malaysia to up glove prices, say manufacturers
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…
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…