Rising demand on the world market, especially in China and India, contributed to the sharp increase in exports…
Category: Pan-Asia
South and East Asia rubber news
Xingda profits down despite higher sales
Sales increased by 2.2% to RMB5,551 million, but gross profit fell to RMB1,298 million from RMB1,636 million in 2010
Apollo Tyres strengthens position
To increase its global footprint, Indian firm Apollo Tyres will build new facilities in Eastern Europe and Brazil…
Cambodia prioritises rubber
Due to the country’s potential for rubber cultivation, investment jumped by 256%…
Daihatsu to set up automatic transmission plant in Malaysia
OSAKA – Daihatsu Motor Co. said it will invest about 5 billion yen to set up a plant in southwestern Malaysia to manufacture automatic transmissions for vehicles. The Japanese automaker aims to start operating the plant in Negeri Sembilan in…
Ford faces China hurdles
Ford Motor Co. is facing stiff industry-wide regulatory obstacles to future growth in China, even as the auto maker launches a US$490 million plant to boost its presence there. The plant opened Friday in the southwestern Chinese city of Chongqing—its…
RM26m for rubber replanting
LUNDU -The Rubber Industry Smallholders Development Authority (RISDA) has targeted to replant 5,000 ha of old rubber plantations in Sarawak with the latest high-yield rubber clones this year. Chairman Tan Sri Rahim Tamby Chik said the agency had allocated RM26.5…
Rubber trade with China booms: Vietnam
HO CHI MINH — Unofficial, small trade border transactions continue to flourish in Vietnam’s rubber export to China although their number has fallen recently, industry insiders say. Rubber demand and prices have increased in the first months of this year,…
Top Glove eyes 30% global market
PETALING JAYA – Glove maker Top Glove Corp Bhd expects to grow its global market share to 30% from 26.7% by the end of the year. “The global market volume consists of 150 billion pieces of gloves per year. Top…
M’sian rubber mart expected to see better performance
KUALA LUMPUR – The Malaysian rubber market is expected to see a better performance in anticipation of limited supply in the commodity, dealers said. A dealer said the wet weather in rubber producing countries, particularly in Southern Thailand, would cause…