Two of India’s leading tyre makers, Madras Rubber Factory (MRF) the country’s largest tyre manufacturer and Onkar Kanwar led Apollo TyresBSE -0.40 % are battling it out to acquire the main tyre unit of BK Birla flagship Kesoram Industries raising…
Category: Pan-Asia
South and East Asia rubber news
22,400 oil palm and rubber seeds distributed in Kotabaru
Regent Kotabaru, H Irhami Ridjani has distributed 22,400 trunks of palm oil and rubber seedlings to farmers, Antaranews reported. Head of Kotabaru Plantation Agency, Ibn Bhayangkara Foen, here on Monday detailing aid in the form of 19,600 seedlings of palm…
Fresh loans for Thai rubber products approved
The Thai cabinet has approved the Rubber Estate Organisation’s (REO) request for a loan of six billion baht from the Bank for Agriculture and Agricultural Cooperatives (BAAC) to buy rubber products to shore up prices. The decision was unveiled yesterday…
Improve conditions for Pakistan tyre manufacturing to attract FDI – GTR
Local besides Foreign Direct Investment (FDI) can be attracted especially in tyre manufacturing by improving supply of basic utilities like electricity and gas to industry and improvement in law and order situation of the country, an official of General Tyre…
Supermax to expand to medical devices, says company chief
Supermax Corp Bhd executive chairman and group managing director Datuk Seri Stanley Thai is an avid traveler, but his frequent pursuits have all to do with his drive to lead the company into being a successful own brand manufacturer of…
New round of Thai rubber price boost, only temporary
The Thai authorities are having another go at propping up natural rubber prices, but similar to previous attempts, this one is likely to provide only a temporary boost. The government will commence a second round of buying rubber from the…
Malaysian Automotive Council to be set up soon
The Malaysian Automotive Council will be set up in two months’ time, said International Trade and Industry Minister Datuk Seri Mustapa Mohamad. The purpose of setting up this council is to provide a platform for policy makers to interact, so…
Be patient, don’t protest, Prime Minister Gen. tells rubber planters
The Bangkok Post reports, Prime Minister Gen. Prayut Chanocha has expressed growing frustration at southern rubber planters who plan a protest over falling prices on January 30, urging them to be patient while efforts are made to solve problems throughout…
Tyre companies in India slash prices
Tyre makers in India are caving to public demand by slashing the prices of tyres. The move — the first in one and a half years – saw the manufacturers reducing the prices of their tyres by 4%. This includes…
China’s rubber formula move to hurt Southeast Asian markets
China recently approved a new standard formula that sees the amount of natural rubber reduced in a move which analysts predict will hurt Thai and Malaysian rubber markets. Compound rubber, which includes small amounts of powdered carbon, is popular in…