The Directorate General of Trade Remedies (DGTR), upon careful evaluation of the domestic tyre market, has suggested imposing anti-dumping duty of US$337.80-US$527.08 per metric tonne on new pneumatic radial tyre imports from Thailand. At the behest of India’s Finance Ministry,…
Category: Pan-Asia
South and East Asia rubber news
Elkem clinches deals worth US$150 mn in China
Norway’s Elkem, one of the pioneers in manufacturing silicones, says it has signed letters of intent with three Chinese customers, with a potential total contract value of more than US$150 million, at the 3rd China International Import Expo (CIIE) 2020 in Shanghai, China, where…
Arlanxeo to shut down Nd-PBR plant in Singapore
One of the world’s largest producers of synthetic rubber and a wholly-owned subsidiary of Saudi Aramco, Arlanxeo is said to be closing its 140,000-tonne/year neodymium-based performance butadiene rubber (Nd-PBR) plant in Jurong Island, Singapore. In a statement to its customers, Arlanxeo says this is in…
MTPL begins production at greenfield tyre facility in Gujarat
India’s Mahansaria Tyres Private Limited (MTPL) will now commence commercial production at its US$100 million off-highway tyre manufacturing facility in Panoli, western Gujarat, after a virtual inauguration by Chairman Ashok Mahansaria. MTPL’s new, state-of-the-art facility, spread across 127 acres of…
Scrap tyres used for unexpected conservation effort in Malaysia
Whilst artificial tyre reefs are being hauled out of the oceans around the world, such as in Guam and France, at the Pantai Chendor beachfront along Malaysia’s east coast, scrap tyres are bound together to keep the sands from washing…
Thailand designates “Rubber Valley” hub to boost general rubber consumption
Thailand’s Ministry of Agriculture and Cooperatives is planning new, creative was to develop its rubber products, including research grants, funds for startups and the creation of a “Rubber Valley” hub for innovative rubber projects. The “Rubber Valley” proposal will be…
Karex plans new medical glove manufacturing plant in Thailand
Malaysian condom manufacturer Karex Bhd is planning to build a new facility for rubber-based medical gloves at its Innotex (Thailand) Ltd. (ITL) base in Hatyai. ITL currently manufactures condoms, personal lubricants and other rubber products including catheters but intends to…
IRSG predicts 12% decline in rubber demand in 2020
The Singapore-based Secretariat of the International Rubber Study Group (IRSG), which publishes data on production, consumption, trade and prices covering both natural rubber (NR) and synthetic rubber (SR), estimates a sharp decline in the global rubber demand by 12.6% year-on-year…
US initiates antidumping, countervailing duty investigation on PVLT tyres from four Asian nations
The US Department of Commerce (Commerce) has begun new antidumping (AD) and countervailing duty (CVD) investigations into the alleged dumping of passenger vehicle and light truck (PVLT) tyres from the Republic of Korea (Korea), Taiwan, Thailand, and the Socialist Republic…
China’s Jinyu Tire starts 2 million TBR tyre project in southeast Vietnam
China-based tyre manufacturer Jinyu Tire Co., Ltd. (Jinyu Tire) recently held the groundbreaking ceremony for its Vietnamese factory in Phuoc Dong Industrial Park, Tay Ninh Province, Vietnam.There are high expectations for Jinyu Tire’s project investment in Tay Ninh – Chen…