Thailand’s Commerce Ministry has renewed its income guarantee scheme to include rubber and oil palm as top priority agricultural products to be presented to the new government, which advocated income guarantees as part of its election manifesto. According to the…
Category: Pan-Asia
South and East Asia rubber news
Bridgestone provides anti-damage tech for Tokyo 2020 Games
Japan’s Bridgestone Corporation has supplied its renowned seismic isolation bearings to two new home venues for the Tokyo Olympic and Paralympic Games in 2020. As a global partner for the Games, Bridgestone will provide advanced earthquake protection technology to the…
Yokohama India opens new tyre centre in Karnataka
The Indian subsidiary of tyre manufacturer Yokohama Japan, Yokohama India, has opened an Exclusive Yokohama Club Network (YCN) outlet for its customers in Karnataka, southwest India. Yokohama India has developed the YCN across India, based off Yokohama’s global philosophy to…
Thailand in limbo with US-China trade war
Thailand’s “white gold” rubber latex was once a hot commodity and made the country a globally-sought after rubber producer. But Thailand is currently caught in the aftermath of the US-China trade war, which is similarly affecting other Southeast Asian countries…
Heatwave halts tapping by China’s top rubber producer
Scorching heat in China’s southwestern province of Yunnan has forced the nation’s biggest natural rubber (NR) producer to cease tapping in the area. Select companies have already stopped tapping after instruction by Yunnan’s Natural Rubber Industry Group, with more to…
Apollo launches its first tyre centre in Malaysia
In response to growing demand for commercial tyres in the Asian region, Indian tyre manufacturer Apollo Tyres has recently opened its Apollo Truck Tyre Zone (ATTZ) in Johor Baru, Malaysia. The centre serves to provide customers with easy access to…
CNEEC China to build new tyre plant in Azerbaijan
Chinese companies are investing in Middle Eastern country Azerbaijan – representatives from both sides have signed memorandums of understanding (MoUs) worth US$821 million in total. A notable project will be the construction of a Chinese tyre plant in Azerbaijan’s Sumgayit…
Singapore’s Olam International to sell off rubber business and others to reel in US$1.6 billion
Singapore-based agriculture and food major Olam International plans to sell off four of its businesses, including rubber, over the next six years to yield an income of US1.6 billion; and to invest a further US$3.5 billion in its agriculture and…
Philippine province latches on new technology to boost production
The Philippine province of North Cotabato, the country’s second largest rubber producer after Zamboanga Sibugay, is introducing a new technology to the local farmers to boost yield and ensure early maturity of rubber crops. Under the Serbisyong Totoo Rubber Development…
NR up by 35% due to fall in output, rise in demand
Due to fall in production and rise in consumption, natural rubber (NR) imports to India increase by 35%. For nine months, imports rise at 4,490,088 tonne from a year ago according to Rubber Board data. Rubber import stood at 4,790,670…