In a revelation which may cause some economists to adjust their models, China’s CRIA said the country will consume around 3.5 million tonnes of recycled rubber in 2012. This figure represents over 10 percent of the total global rubber consumption,…
Category: Pan-Asia
South and East Asia rubber news
Mitsui Chem prepares for restoration activities
After the explosion of the company’s resorcinol plant in Iwakuni and Ohtake, Mitsui Chemicals announced that it is currently working with local authorities in the investigation and is preparing for some restoration activities. For safety measures, the company is clearing…
Continental takes over Malaysian Joint Venture
German firm Continental has purchased the remaining 30% interest from its Continental Sime Tyre joint venture in Malaysia from partner Sime Darby. Continental paid US$31 million in 2003 for a 30% in the unit, then increased its share to 51%…
Sun ramps up capacity in India
India-based Sun Tyre & Wheel Systems, a division of Sundaram Industries, plans to build a factory for making solid industrial tyres and related products at a new facility in South India. Sun Tyre did not disclose information pertaining to the…
Indian NR rubber on a high
Natural rubber production in India increased by 4.3% in fiscal 2011-12, according to the Rubber Board, with the growth to continue without much fluctuation. Production and consumption of NR in 2011-12 was 899,400 tonnes and 966,750 tonnes, respectively. NR consumption…
Thailand to clear illegal rubber farms
The Natural Resources and Environment Ministry of Thailand will invest US$1.58 million to clear extensive illegal rubber plantations in headwater areas in the south. According to the ministry, there has been extensive encroachment into national forest reserves and wildlife parks…
BASF India to set up new chemical production site
BASF India will build a new chemical production site at the Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR), located on the west coast of India in Gujarat. The investment is estimated at EUR150 million. To be an integrated hub…
Yokohama to build plant in India
Yokohama Rubber will construct a new plant in the state of Haryana adjacent to Delhi, India. The plant is scheduled to operate in mid-2014 with an annual production capacity of 700,000 tyres for passenger vehicles. Construction of the new plant…
Cancarb opens new warehouse in Singapore
CANCARB, a producer of N990 thermal carbon black, opened its new Singapore-based warehouse. Seeing Asia-Pacific as a very important growth region, the company’s new warehouse in Singapore will help provide their customers with a greater level of supply security. Furthermore,…
Hartalega to triple glove capacity
Post Hartalega Holdings will triple its current annual capacity of rubber gloves to 29.1 billion pieces. The project is expected to begin in 2013 and will be completed by 2021 at an estimated cost of US$490 million and will consist…