EVONIK Industries has just held the groundbreaking ceremony for its new hydrogen peroxide plant in China. Scheduled to go online at the end of 2013, the plant will have a production capacity of 230,000 metric tonnes per year. This additional…
Category: Pan-Asia
South and East Asia rubber news
Pereira to Lead Davis-Standard’s Expansion in Asia
DAVIS-STANDARD, LLC has assigned Fred Pereira as President of Asia. The addition of Pereira is an integral part of the company’s plan to increase its presence in China and throughout the region. Davis-Standard will open a facility in Suzhou, China,…
Rubber tree propagation gains popularity
PHILIPPINES – Rubber tree planting is now becoming popular in many provinces in Mindanao, particularly in the Central Mindanao region as evidenced by rows of rubber trees lining the roads of the areas. It has been observed that the provinces…
India NR, SR output rises
KOTTAYAM, India — Natural (NR) and synthetic rubber (SR) production increased in the final months of 2011 in India, according to a report from the India Rubber Board. NR output grew 3.7% to 106,800 metric tonnes in December compared with…
China launches anti-dumping probe into Japanese and US resorcinol imports
THE Ministry of Commerce announced Friday it will launch an anti-dumping probe into resorcinol imported from Japan and the United States, People’s Daily reported. A brief statement on the MOC’s website said it will start investigating the dumping margin and…
Tokyo futures drop 1%, but post solid gain on quarter
TOKYO rubber futures ended 1% lower on Friday as players took profit ahead of the quarter’s end, but firm oil prices and limited supply in major producing countries continued to lend support, dealers said. The benchmark rubber contract on the…
Thailand to accelerate plan to cut down aging rubber trees
THAILAND, the world`s largest producer and exporter of natural rubber, may cut down 500,000 rai (80,000 hectares) of rubber trees this year to help boost prices, deputy farm minister Nattawut Saikuar said today. The plan would reduce supply by about…
Thai Govt to buy 7% of the annual rubber output in Q1 2012
BANGKOK – In order to raise the rubber price, Thai Government plans to buy nearly 7% of the country’s annual production in first quarter of 2012, but according to analysts, this could end up creating a mess causing huge stocks…
High-yield rubber to the fore
LONG PELUAN -High-yield rubber cultivation scheme under Rural Transformation Programme is expected to be the socio-economic transformer for the rural communities in Long Peluan and Long Beruang in Baram. Launched by Deputy Prime Minister Tan Sri Muhyiddin Yassin recently, the…
SRIB denies allegation of unfair rubber prices
KOTA KINABALU – The Sabah Rubber Industry Board (SRIB) has refuted allegation by the representative of the rubber smallholders association that rubber prices paid to smallholders in the state were not reasonable. SRIB general manager Datuk Harris Mathews recently said…