THAILAND, Indonesia and Malaysia, representing about 70% of global natural-rubber supply, agreed steps to boost prices, said Yium Tavarolit, chief secretary of the International Rubber Consortium Ltd. The measured will be announced The measures will be announced by ministers tomorrow,…
Category: Pan-Asia
South and East Asia rubber news
Declines in butadiene price to benefit Hartalega next year: MIDF
THE easing of the price of butadiene, a key material of nitrile, will boost the profitability of Hartalega Holdings Bhd next year, says MIDF Research Sdn Bhd. According to a research by the MIDF, nitrile latex makes up 50% of…
Glove maker Ansell expects to lift earnings next year
MEDICAL gloves and condoms maker Ansell, which has a factory in Malaysia, says it expects to lift its earnings in the 2013 financial year and remains on the hunt for more acquisitions. Ansell recently reported a 6% rise in net…
Indonesia beckons Indian rubber investments with availability of resources
INDONESIA, the second largest rubber producer in the world, has invited Indian rubber industry to invest in that country and benefit from ample natural rubber resources. In a meeting with All India Rubber Industries Association (AIRIA), Dickey Fabrian, Consul-General of…
Latex prices continue to dip
Top Glove chairman shares his views as well as industry forecast; Global rubber demand to increase 15% this year
Govind Rubber to build tyre plant in India
The plant will have a production capacity of 225 tonnes/day
Michelin slows down truck tyre plant construction in India
French and Indian non-governmental organizations finally got the attention of the OECD in Paris last Wednesday about the construction of a Michelin tyre factory in India. They believe the plant violates the rights of a community of ‘untouchables.’ The construction…
Indonesia to invest US$528M to renew natural rubber plantation
Indonesia plans to invest US$528 million to revitalize state-run natural rubber plantations, thereby raising productivity. Citing the Agriculture Ministry’s perennial crop director, Rismansyah Danasaputra, the plan is to boost productivity by 44.5% to 1,300 kg/year for every hectare by 2015.
Thailand Rubber Cluster Development program held in preparation of AEC
Thailand’s Industrial Promotion Center Region 11 has launched a program to promote cluster development in the para-rubber industry, with the advent of the ASEAN Economic Community in 2015. Deputy Governor of Songkhla Peerasin Panpeng presided over the opening ceremony of…
Rubber planting in Mindoro, Philippines
A community in Oriental Mindoro is finding it profitable planting rubber trees. Farmer leader-entrepreneur Mitch Miciano started planting rubber trees in 2005 in Sitio Mahabang Parang, Barangay Malaya, Pinamalayan town. He first started on two hectares owned by his brother…