Commerce and Industry Minister Anand Sharma has announced the increase after acknowledging what has been a “long-pending demand” of the Kerala government and its local cultivators for an import duty hike on rubber.
Category: Top News
Asia’s tyre industry could reach U$406,431 million by 2017, says report
According to the report, major Asian tyre enterprises have been increasingly focusing on vertical expansions to buffer the impact of volatile prices of key raw materials, such as natural rubber , on the sector.
Japan’s synthetic rubber exports rising with lower yen
The current situation is a positive respite for Japanese synthetic rubber producers, who in recent years, had focused on the domestic market as the strong currency impeded their export edge.
Cobalt to produce biobutadiene in Asia, through partnerships
US-based biobased chemicals maker Cobalt Technologies says it has entered into a strategic relationship with two prominent Asian chemical companies
ContiTech opens new plant for rubber compounds in Hungary
The plant in Nyiregyhaza focuses almost exclusively on the production of Phoenix air springs, which are specially tailored to the requirements of the replacement market.
Cabot shuts down Malaysian carbon black plant
The decision, which will affect approximately 90 carbon black employees, was because of the facility’s manufacturing inefficiencies and raw materials costs.
Malaysian rubber smallholders benefit from RM500 Risda aid
The Rubber Industry Smallholders Development Authority (Risda) will extend an RM500 one-off assistance each to some 3,225 smallholders in the country.
Northeast India cultivation areas proposed to double
The proposal for the agro-climatically suitable area targets to boost the country’s rubber industry.
Thailand rubber growers to rally against dropping prices
The mass rally in Bangkok will be held this month to call the attention of the Government on the rubber price situation.
Liberia shelves unprocessed rubber exports
THE Government stopped the exports of unprocessed rubber to force companies to process the commodity locally and thereby boost the domestic economic activity and create more jobs.