SMALL and medium rubber manufacturers in India have demanded an increase in the import duties of finished rubber products to enable the local units to vie competitively with the fast growing cheaper imports. There are about 5,000 SME rubber units…
Category: Pan-Asia
South and East Asia rubber news
India’s first rubber park comes undone
RUBBER Park India Limited, which claims to be the first industrial park in the world exclusively for rubber-based units, is still incomplete after nearly a decade it was accredited. As work on the State’s second rubber park got under way…
Vietnam anticipates US$4.5 billion rubber exports profit
Vietnam’s rubber sector anticipates to gain US$4.5 billion profit from rubber exports in 2013, higher than the figures recorded in 2012 (US$4.26 billion), according to the Vietnam Rubber Association (VRA). Rubber now ranks eighth among the country’s top export commodities…
Philippines backs Mindanao-wide rubber congress
THE Philippine’s Department of Agriculture (DA) in Soccsksargen Region will be scheming for a rubber growers congress to cover the entire Mindanao area. Spearheading the planning for the Mindanao Rubber Growers’ Congress are DA-Soccsksargen Regional Executive Director Amalia Jayag-Datukan, Regional…
Indian ministry promotes rubber cultivation amongst Maoists
INDIA”s Ministry of Home Affairs (MHA) is embarking on an initiative in the five worst Left Wing extremism (LWE)-affected States to provide Maoists with livelihood and income opportunities when they surrender arms. The MHA, in association with the Ministry of…
Karex uses strategy versus rubber price fluctuation
WORLD’s largest condom manufacturer by export, Karex Bhd, has its way to buffer the impact of fluctuating rubber and packaging price. This was revealed by its CEO Goh Miah Kiat, who says that the company has a price hedging mechanism…
Top buying countries’ weak economy curbs rubber exports from Indonesia
INDONESIA’s rubber exports, as well as selling price to China, the US and Japan have decreased, however the three countries remain its top buyers of rubber, specifically from North Samatra, according to the Secretary of the North Sumatra branch of…
Vietnam’s 2013 rubber exports likely to hit US$4.5 billion
VIETNAM’s rubber exports is expected to reach US$4.5 billion this year, an increase to last year’s value of US$4.26 billion, says Tran Thi Thuy Hoa, Chief of the Office of the Vietnam Rubber Association (VRA). The increasing global demand for…
Philippine local manufacturers decry inferior imported rubber goods
AN INFLUX of cheap Chinese and Vietnamese products are coming into the country and the Government has not stepped up to halt this. This was the general sentiment of the survey result conducted by the Philippine Rubber Industries Association among…
Thailand, Malaysia join forces in Rubber City project
THAILAND and Malaysia are collaborating on the Rubber City project aimed at developing the rubber industries of both countries. There are high hopes for the said project, and shoring up prices in Thailand – a major issue that has elicited…