According to the ANRPC (Association of Natural Rubber Producing Countries) Rubber Market Intelligence Report ((Volume 2, No 18), published for the second half of September (16-31 Sept 2021), the Evergrande financial crisis and power outages in China have contributed to a…
Category: Pan-Asia
South and East Asia rubber news
Malaysia’s latex, gloves markets still strained due to Covid-19 – ANRPC
According to the Intelligence Market Report of the ANRPC (Association of Natural Rubber Producing Countries) for 1 July-15 July, latex prices in the Kuala Lumpur local market fell 5.7% between 30 June and 15 July because of, among a number…
Hartalega to expand gloves capacity with new Kedah manufacturing facilities
Malaysian glovemaker Hartalega Holdings Bhd expects to amp up gloves production capacity to 143 billion/year when its new manufacturing facilities in Kedah becomes fully operational over the next 20 years, according to reports. Hartalega is investing RM 7 billion to…
Sumitomo Rubber on course for carbon neutrality, joins hydrogen association
Sumitomo Rubber Industries (SRI) has joined the Japan Hydrogen Association (JH2A), an open-participation organisation that aims to hasten the arrival of the Hydrogen Economy through various social implementation projects, with members representing a wide range of industries to provide a…
Hainan Rubber, Wangfujing Group forge JV on duty-free goods for Hainan market
Chinese general merchandise retailing company, Wangfujing and the country’s largest natural rubber manufacturer, Hainan Rubber formed joint ventures to enter Hainan’s offshore duty-free market, taking advantage of a yet to be implemented new tax-exempt policy, according to reports. The partners…
Malaysia’s AT Systematization, K-Star Sports partner for China, Taiwan gloves market
New Malaysian glove maker AT Systematization Bhd (ATS), which has recently opened its production factory, is tapped by China-headquartered sports footwear and apparel group, K-Star Sports Ltd, for a partnership to market and sell its medical gloves in China and…
ASTM, IRMRA partner to promote support within the rubber industry
A letter of cooperation (LoC) was signed recently between global standards organisation ASTM International and the Indian Rubber Manufacturers Research Association (IRMRA). It will lead to a working partnership between ASTM and IRMRA, mainly to promote enhanced support for rubber…
India may impose anti-dumping duty on tyre imports from Thailand
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,…
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…