A draft for a National Rubber policy has been written by the Ministry of Commerce & Industry to address the needs of all stakeholders and promote national economic progress. The policy will oversee manufacturing of tyres, NR production and processing,…
Indonesian government to aid rubber growers with subsidy
Rubber growers will receive subsidy from the Indonesian government this March 2019, as per President Joko Widodo’s directives, according to Governor Herman Deru of South Sumatra. The subsidy aims to help the rubber growers to improve the quality and price…
Vietnam anticipates vigorous rubber production in 2019
Vietnam’s rubber industry welcomes 2019 with a robust sales of US$220 million from 175,000 tonnes of rubber shipping. Rubber exports of Vietnam made a 10.8% increase in value and 28.9% increase in volume compared last year. Further growth is expected…
Sri Tang to acquire Thai glove plant; eyes production increase
Thailand’s rubber firm Sri Trang Agro-Industry will acquire a glove factory in Thailand this year. In addition to the two new factories which will be completed by 2020, Sri Tang plans to acquire the factory to increase its medical gloves…
TRM, Carl Zeiss sign cooperation deal on Shearography system
Italian firm TRM Srl. and German company Carl Zeiss Optotechnik GmbH signed a cooperation agreement whereby, TRM will be the authorised dealer for the Zeiss Shearography Systems; On the other hand, Zeiss will train TRM’s technical staff on tyre inspection…
SBR market to witness upsurge of sales by 2026 – study
Styrene butadiene rubber (SBR) is expected to have a healthy compound annual growth rate (CAGR) of 4.3% by the end of 2026, according to report. The Future Market Insights forecast that SBR will have a sales increase of US$ 8.2…
SoKor rolls out high-tech tyres to catch up with car market
Korean tyre manufacturers are catching up with the fast-changing car market by developing innovative and high-tech tyre products. Currently, Kumho Tire is developing plastic tyres which will not become flat. The futuristic tyres are made up of special plastic materials which will…
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…
Bridgestone to build racing tyre plant in US
Bridgestone Americas announced its plan to build a plant for Firestone race tyres in Akron, Ohio at an event in Indianapolis that featured racing legend Mario Andretti, and veteran IndyCar driver and team owner Ed Carpenter. The construction of the…
Cambodia faces revenue losses even with higher rubber exports
Cambodia lost 4% year-on-year from dry rubber exports despite an increase in shipments. The Khmer nation reportedly increased 15% of exportation of dry rubber amounting to 217,500 tonnes, However, because the price of the commodity fell to US$1,319 per tonne…








