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…
Category: Pan-Asia
South and East Asia rubber news
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…
IRSG announces winners of photo competition
Singapore-based International Rubber Study Group (IRSG) has announced winners of its photo competition themed “Rubber is a Community”. It received 14 individual entries since February 2020 and was realised with the support of Rubber Trade Association of Singapore (RTAS) and Singapore International Chamber of…
India notes increase in tyre stocks after new import restrictions by DGFT
The recent import restrictions on certain pneumatic tyres in India has contributed to increased shares of tyre manufacturing companies, with some tyre stocks up by 6%. According to the Directorate General of Foreign Trade (DGFT), new pneumatic tyres used in…
DGFT India imposes curbs on import of pneumatic tyres used in motor cars, busses, etc
India will impose restrictions on the import of certain pneumatic tyres such as those used in motorised station wagons, racing cars, scooters, multi-cellular polyurethane tubeless tyres, and bicycles, in an attempt to promote domestic manufacturing. It will also placate domestic…
India to raise import duty on South Korean PBR rubber
Acting on a complaint filed by Indian conglomerate Reliance Industries on the increased imports of polybutadiene rubber (PBR) from South Korea (used for making tyres), the Directorate General of Trade Remedies (DGTR) has recommended a provisional increase in import duties to levels…
India might impose tariffs on dumped rubber exports from China, 3 other countries
India may impose anti-dumping duty on rubber imports after the alleged dumping of said product from countries including China, Japan, Russia, and the European Union. A synthetic rubber manufacturing company based in India, Apcotex Industries Ltd., has filed an application…
JK Tyre starts partial operations at three plants in India
JK Tyre & Industries Ltd. (JK Tyre) has resumed partial operations at three Indian plants in Tamil Nadu, Rajasthan and Uttarakhand, in accordance to national safety guidelines by the Ministry of Home Affairs. The three plants had earlier been under…