India’s import duty on natural rubber increased to 25%, and this has displeased tyre manufacturers and the rubber industry, according to report. The industry contends that the hike counters the government’s vision of Make in India, as the import duty…
Category: Pan-Asia
South and East Asia rubber news
Kedah to expand automotive industry
Malaysia’s Kedah government plans to expand the Kulim Hi-Tech Park (KHTP) and Gurun’s automotive industry in Kedah, as both have attracted foreign investors to the state, according to report. Chief minister Datuk Seri Mukhriz Tun Dr Mahathir said efforts will…
Vietnam declogs ports of old tyres
Vietnam’s Ministry of Finance has proposed the Ministry of Industry and Trade to consider taking used rubber tyres off the list of goods for temporary import and re-export permits. The intention is to limit stockpiles at ports and check the…
Bridgestone Asia Pacific tech centre moving to larger Thailand facility
Bridgestone Asia Pacific Pte Ltd announced that Bridgestone Asia Pacific Technical Center Co Ltd (APTC), a wholly-owned subsidiary, held a ceremony to celebrate its relocation to its new laboratory building in Pathum Thani Province, Thailand. With this new facility, APTC…
72 killed in fire at rubber footwear factory in Philippines
A fire that engulfed a footwear factory in a suburb of the Philippine capital has killed 72 people, authorities said Thursday. The blaze swept through the slipper and shoe factory in Valenzuela City on Wednesday, sending huge clouds of thick…
Tyre recycling collaboration between China and Malaysia
China Automobile Parts Holdings has signed a memorandum of understanding with Malaysian company SRI Elastomers to build a facility in China’s Xiamen City for recycling end-of-life tyres and other processed rubber scrap into a rubber compound. The facility will adopt…
China may buy Thai rubber at price above market value
After leading a mission of Thai officials to Kunming, China, for a second meeting on agricultural-product co-operation, Commerce Minister Chatchai Sarikulya said yesterday that Thailand would soon get good news about selling big lots of rubber and rice under closer…
10 Million ECOPIA Tyres Sold in the Asia Pacific Region
Bridgestone Asia Pacific Pte. Ltd. (BSCAP) today announced that more than 10 million ECOPIA passenger car tyres have been sold in the Asia Pacific region1. This milestone was achieved five years after the launch of ECOPIA in the region.3. When…
Kumho Tyre eyes 30 % jump in China sales
South Korea’s No. 2 tyre maker Kumho Tyre Co. said Tuesday it is aiming to increase its sales in China by 30 % this year and re-emerge as the top seller in the world’s largest auto market. Kumho Tyre has…
Rubber production declines sharply in Kerala
KOTTAYAM: Production of natural rubber in Kerala has declined by more than 15 % during last fiscal as against the yield for the corresponding previous year as unremunerative prices kept rubber growers away from tapping. Production of natural rubber during…