Firestone Natural Rubber Company, LLC, a subsidiary of American tyre and rubber company Firestone, is suspending rubber purchasing for two weeks from August 10 to August 24 “due to the current extreme oversupply of our rubber inventory”. Firestone Natural Rubber Company,…
India’s domestic NR consumption rises as demand from tyre sector grows
Local consumption of natural rubber (NR) in India has increased from 994,415 tonnes in 2015-16 to 1,044,075 tonnes in 2016-17 due to the growing demand for the commodity from the country’s tyre sector. The country produced 691,000 tonnes (provisional) of…
Business matching event in Thailand sold over 300,000 tonnes of rubber
A business matching event held by Thailand’s Commerce Ministry to help boost the demand for rubber has sold more than 300,000 tonnes of the commodity, with more orders expected to follow soon. Commerce Minister Apiradi Tantraporn said yesterday’s event gathered…
Sabah Rubber Industry accused of pushing costs to rubber smallholders
The Sabah Rubber Industry Board (LIGS) in Malaysia has been accused by political party Parti Warisan Sabah (Warisan) of pushings its costs to rubber smallholders. The argument started when Warisan questioned how LIGS made a profit of RM100 million in…
Philippines tests rubber nanosensor technology in Zamboanga Peninsula
The Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development of the Department of Science and Technology (DOST-PCAARRD) and the De La Salle University (DLSU) tested the rubber nanosensor technology recently in the Zamboanga Peninsula in Mindanao. The…
Goodyear, USW sign tentative labour agreement for five US plants
Goodyear Tire & Rubber Company, a multinational tyre manufacturing company based in Akron, Ohio, has signed a five-year master labour contract with United Steelworkers (USW), North America’s largest labour union. The tentative labour agreement covers nearly 7,000 workers at five…
Asahi Kasei to increase S-SBR output capacity in Singapore plant
Global Japanese chemical company Asahi Kasei is increasing its production capacity for solution-polymerized styrene-butadiene rubber (S-SBR) in its Singapore plant. Demand for tyres that provide enhanced fuel-efficiency has been growing rapidly and is forecasted to continue to do so as…
VMI wins tyre building drum patent infringement case in China
VMI Group has won a patent infringement case in China for its tyre building drum against Shuangjun Plastic and Rubber Machinery Ltd. Shuangjun has been ordered by the Chinese Intellectual Property Office (IPO) to stop manufacturing, offering for sale, and…
Malaysia to assist 440,000 rubber smallholders, tappers starting November
The government of Malaysia will be providing financial assistance to 440,000 smallholder planters and rubber tappers in the country over a three-month period beginning November this year. Rural and Regional Development Minister Datuk Seri Ismail Sabri Yaakob (BN-Bera) said the…
Zenyatta Ventures to develop graphene enhanced rubber products
Zenyatta Ventures Ltd., a junior exploration company based in Ontario, Canada, is teaming up with US-based rubber band manufacturer Alliance Rubber Company and the University of Sussex in the UK for the development of rubber products enhanced with graphene converted…