The world’s largest glove-maker Top Glove Corp Bhd is planning to launch its own condom brand called ‘Top Feel’ by the end of 2018. Production will start by June or July this year, chairman Tan Sri Dr Lim Wee Chai…
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Professor from Japan develops rubber that generates and stores power from light and vibration
Kunio Shimada, a professor of fluid mechanics and energy engineering at Fukushima University in Japan, recently came up with a type of special rubber that can generate electricity from solar and kinetic energy and save the power generated. The 53-year-oldsays…
Malaysian government not fixing price of natural rubber to RM3 per kg anytime soon
Malaysia will not be fixing the floor price for natural rubber (NR) at RM3 per kilogramme anytime soon as it will result in an additional expenditure of RM1.29 billion, Deputy Plantation Industries and Commodities Minister Datuk Datu Nasrun Datu Mansur…
Malaysian rubber glove sector to reach RM18.8 billion this year – Margma
The Malaysian Rubber Glove Manufacturers Association (Margma) predicts that the rubber glove industry’s performance this year will perform well, with revenue expected to grow by 16 % year-on-year to RM18.8 billion. Margma Committee Member, Datuk Lee Kim Meow, said the…
Omsk Carbon Group to launch first stage of its plant in Belarus soon
The Omsk Carbon Group is expected to launch its first stage of its plant in Belarus soon. A working meeting between OCG management and the Vice Premier Minister of Belarus Vladimir Semashko had initially taken place on February 3 in…
Malaysia’s natural rubber production falls
The Malaysian Department of Statistics announced recently that natural rubber production fell 2.0 % in January 2018 to 65,792 tonnes from 67,101 tonnes produced in the previous month. Stocks rose 10.5 % to 254,525 tonnes at the end of January…
Industrial rubber market worth US$33.82 billion by 2022 – report
The report “Industrial Rubber Market by Application (Automotive, Building & Construction, Industrial Manufacturing, Polymer Modification, Wire & Cable, Electrical & Electronics, Bitumen Modification), Type, Product, and Region – Global Forecast to 2022” has recently been published by MarketsandMarkets. The report states that the industrial…
Top Glove’s Q2 net profit soars 32% to reach RM110 million
Malaysian company Top Glove Corporation Berhad’s net profit for the second quarter ended February 28, 2018, rose by 32.2 % year-on-year to a soaring RM109.99 million. Revenue increased to RM958.44 million from RM851.54 million a year earlier, as sales volume…
Third quarter earnings of BAuto rise more than 60%; its shares jumped too
BAuto saw its shares ended 14 sen higher to RM2.16. This was after the company’s third quarter earnings soared more than 60%. BAuto is the official distributor of Mazda cars in Malaysia. RHB Research attributed this to robust Mazda sales…
Domestic rubber market is positive as demand for rubber gloves rise – Affin Hwang Capital Research
Strong demand for rubber gloves is driving the domestic rubber products market, Affin Hwang Capital Research said. The firm has told its clients to buy Supermax Corp Bhd. It also said that the vinyl supply disruption in China would drive long-term…