India’s second-largest tyre maker by revenues MRF Ltd is eyeing several acquisitions opportunities but remains cautious over committing itself to inorganic expansion, chairman and managing director KM Mammen told The Times of India. Taking a dig at the aborted deal…
Category: Pan-Asia
South and East Asia rubber news
Iranian company claims Nairit Rubber owes $27,000 plus interest
Today, the trial in which the Iranian company SandbadTir INTL Transport Co. Ltd. is demanding that Nairit Plant CJSC be declared bankrupt continued in Yerevan’s Shengavit Court of First Instance. Vrezh Khachikyan, who represents the Iranian company, told this reporter…
Govt told to lobby US on tyre tariff reduction
Indonesian tyre producers have demanded the government continue lobbying the US administration for an extension of the tariff reduction on tyre exports. Chairman of the Indonesian Tire Producers Association (APBI), Azis Pane, said Thursday that domestic tyre producers still needed…
Rubber coop receives DTI’s SSF in Bayawan City
More than 90 cooperative-members of RUBBERCO in Bayawan City are expected to improve their livelihood in rubber production after the Department of Trade and Industry (DTI) under its Shared Service Facility (SSF) program turned over rubber sheet processing equipment recently.…
SE Power enters into recycling of waste tyres
To expand the business activities, S.E. Power Ltd has entered into a new venture of recycling of waste tyres and setup a Rubber Reclaimed Unit in Vadodara, Gujarat and recently has started the commercial production from said unit. The Management…
Federal, Kenda join ITMA
Taiwan tyre makers Federal Corp. and Kenda Rubber Industrial Co. Ltd. have joined the Imported Tyre Manufacturers’ Association (ITMA), an Essex-based group that represents the interests of imported tyre manufacturers in the European marketplace. Kenda and Federal become the ITMA’s…
Environmental Authority of Sri Lanka clears rubber factory said to have caused water pollution
The Central Environmental Authority (CEA) of Sri Lanka has determined that the effluents of the rubber factory said to have caused water pollution did not contaminate the water. The CEA has said that the Hanwella Rubber Products Ltd. Factory is…
Fall in rubber price main poll issue in Kottayam
Kottayam Lok Sabha constituency, home to a large number of rubber cultivators and one of the primary trading centres of natural rubber, is all set to witness a fierce fight between sitting MP and UDF candidate Jose K. Mani, and…
Fire damages 17000 rubber trees
Fire damaged around 17000 rubber trees on 40 acres of a rubber garden in Agatila area under Rajnagor upazila of Moulvibazar district early yesterday. Manager Md Aminul Islam of the garden said trees worth around Tk 5 core were gutted…
Creation of rubber research center proposed
Two legislators have filed a bill in Congress, seeking to create a research center for the rubber industry to help the small rubber producers and processors in the country. Cagayan de Oro City Rep. Rufus Rodriguez and Abamin partylist Rep.…