ATLANTA, GA – Vystar Corporation, the creator of Vytex Natural Rubber Latex (NRL), a patented, all-natural raw material that significantly reduces antigenic proteins found in natural rubber latex, has signed a Letter of Intent (LOI) to merge with EcoGlove Asia…
Category: Pan-Asia
South and East Asia rubber news
First harvest from rubber project in Ulu Tongod FMU
TELUPID, Sabah – A rubber planting pilot project in the Ulu Tongod Forest Reserve jointly implemented by the Sabah Forestry Department and TSH Resources Bhd eight years ago has started bearing fruit with the first official harvest made recently. Sabah…
Rubber stocks gain on customs duty abolish news
FINANCE Ministry may abolish customs duty on rubber up to 1 lakh tonne, according to CNBC-TV18. The Commerce Ministry has proposed removal of 20% duty on the commodity likely due to rising domestic rubber prices. Ceat touched an intraday high…
New publication on rubber off the press
MANILA, Philippines – A “Technoguide on Diseases of Rubber and their Management” is off the press. The volume was written by Dr. Noemi G. Tangonan, head of the Plant Pathology Research Laboratory of the University of Southern Mindanao-Crops Research Division…
Rubber tyre scraps custom duty exemption suggested
KARACHI – Cement manufacturing companies have suggested to the National Tariff Commission an exemption from the levied custom duty on rubber tyre scraps. Cement industry sources told that currently 20 custom duties levied on the imported tyre scraps, while the…
Rubber exports to hit $3b
HA NOI – Rubber exports are expected to total about 830,000 in 2011, earning over US$3 billion, with annual output projected to increase by 4 per cent, according to the Viet Nam Rubber Association (VRA). Nguyen Viet Chien, director of…
Soaring rubber prices skids sales of slippers
KOCHI – Rising rubber prices have led to more expensive footwear for the common man. Prices of no-frill rubber slippers and flip flops have doubled in the past 18 months. Higher prices and the use of substitute raw materials have…
M’sian rubber market likely to see steady trading this week
KUALA LUMPUR – The Malaysian rubber market is likely to see steady trading this week on expectation of firm demand for the commodity, dealers said. They said the local mart will also closely look at prices in the regional futures…
China plant set to become Pirelli’s largest
ACCORDING to news from Asia, Pirelli intends to develop its factory in China’s Shandong Province into the largest facility it operates anywhere in the world. Singapore’s The Business Times quotes Pirelli Asia-Pacific CEO Giuseppe Cattaneo as stating “China is going…
Tokyo futures slip as oil prices fall
TOKYO rubber futures slipped 1.7 percent early on Tuesday (June 7), weighed down by losses in oil and a Wall Street slump, while investors nervously watched for signs of a further weakening in Chinese demand and rising supply from producing…