KUALA LUMPUR – Local rubber industry player must take heed and be prepared for the impact of the European Union’s legislation on rubber and rubber products. UK-based Tun Abdul Razak Research Centre research director Dr Stuart Cook said the EU…
Category: Pan-Asia
South and East Asia rubber news
Risda ready to develop Sabah’s natural rubber industry
KOTA MARUDU – The Rubber Industry Smallholders Development Authority (Risda) is ready to spearhead Sabah’s natural rubber industry, especially the development of smallholdings. Risda Holding Sdn Bhd Chairman Datuk Abdul Rahim Ismail said a dynamic mechanism was required to bring…
Vietnam confronts rubber dilemma
Vietnam is a big name in the rubber industry. It is the world’s fourth largest exporter despite being a late entrant into the international market. But Vietnamese firms producing tires and needing latex for other production purposes are facing a…
Research to grow rubber in non-traditional areas begun
THE Rubber Research Institute had started research and experiments to see whether it was possible to cultivate rubber in Kilinochchi, Mullaitivu and Vavuniya Districts, Plantation Minister Mahinda Samarasinghe said in Parliament yesterday. Minister Samarasinghe said that there is a growing…
Tokyo futures ease on investor risk aversion
KEY Tokyo rubber futures were mostly lower, as investors remained cautious about taking risks and also before a speech by U.S. Federal Reserve Chairman Ben Bernanke later in the day for clues on the U.S. economy and monetary policy. Fundamentals…
Conti to expand, add radials to Indian tire plant
NEW DELHI, India — Continental A.G. plans to invest $71 million through 2013 in its newly acquired tire plant in Modipuram, India, to expand bias-ply truck tire capacity and add capacity for radial car and truck tires. The projects, announced…
Tyre industry left threadbare
IMPORTS now command the majority of the South African car tyre market, causing inevitable downsizing in the industry and the loss of thousands of jobs. But if the tyre industry wins a case currently before the Supreme Court, it could…
Kumho tyre ordered to move China factory
KUMHO Tire’s Nanjing factory has received an order from the city’s Department of Environmental Protection to move to a new location, Economic Observer News reported on August 20th. The Korean tire maker is among 173 companies across China to receive…
Rubber industry welcomes CP involvement
RUBBER experts have welcomed the move by CP Group to enter the industry extensively, saying the presence of the agribusiness heavyweight would create more competition and benefit the industry as a whole The bright outlook in the next few years…
Latexx’s due diligence on YTY almost over
KUALA LUMPUR – Latexx Partners Bhd is poised to complete a due diligence on YTY Industry Holdings Sdn Bhd by as early as next month, says chief executive officer Low Bok Tek. “It should be completed by the end of…