Myanmar’s burgeoning rubber production will see an export of around 300,000 tonnes of rubber this year, more than its government’s estimate of 260,000 tonnes, according to the Secretary of Myanmar’s Rubber Planters and Producers Association (MRPPA), U Khaing Myint. Myint…
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US-China trade war could help Malaysian rubber industry
The recent US-China tariff debate had led CIMB Equities Research experts to believe the US glove demand will shift from China to Malaysia. The US government has recently hiked the tariff rate to 25% on US$200 billion worth of annual…
Resilient NR industry fights ruin
Despite numerous hits that downplayed the natural rubber (NR) market over 2018/2019, its total downfall was prevented and ING Research analysis highlights rallying causes that supported the market. An early wintering season in Southeast Asia and strategic seasonal storms has…
Cabot to invest in Malaysian elastomer composites facility
US-based elastomer/composites supplier Cabot is expanding its Port Dickson elastomer composites plant in Malaysia, following rising demands from the tyre sector. However, capacity was not disclosed. Cabot built the world’s first facility dedicated to liquid mixing of elastomer composites in…
Sumitomo advances fully-automated driving with CRANTS
Automated driving may be realised sooner than predicted, as Sumitomo Rubber Industries (SRI) has begun a joint research project with Japan’s Gunma University Centre for Research on Adoption of NextGen Transportation Systems (CRANTS) to develop SRI’s tyre-related services and Level…
Global auto tyre inflation systems market to grow by 5.6%
The global automatic tyre inflation system market is expected to change by specific drivers and restraints from 2017 through 2027 – the market will reportedly register a CAGR of 5.6% during this forecast period, with an overall positive outlook for…
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…
Hankook Tire to change name to Hankook Technology
Korean Hankook Tire Group will undergo a name change to Hankook Technology Group in the advent of the fourth industrial revolution. The tyre manufacturer’s holding companies and affiliates hopes to together reflect a unified, global brand that will strengthen future…
MOL funds new US$10m rubber-bitumen plant in Hungary
Hungarian energy and chemicals company MOL is set to invest about US$10.3 million in the construction of new rubber-bitumen plant situated in Zalaegerszeg, western Hungary. The new plant is expected to start production next year, with a capacity of 20kilotonnes…
Pyrolyx to add second US rCB plant
The relocation process is underway as German recovered carbon black (rCB) producer Pyrolyx has begun planning of its second US plant in Indiana, on land adjacent to the first plant currently under construction. Its first US tyre pyrolysis unit has…