Malaysia’s Plantation Industries and Commodities Minister, Datuk Seri Mah Siew Keong said the country’s rubber gloves export is predicted to soar to RM20 billion in value by 2020,looking at the growth recorded annually, He said Malaysia is the world’s biggest…
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India to develop national rubber policy
India’s Union Minister Suresh Prabhu announced that the government is developing a national rubber policy to address various issues concerning the sector and to boost shipment and productivity. “This policy is necessary because there are so many challenges the sector…
Continental launches first of its machine installation at its plant in Thailand
The German company Continental recently launched the installation of its first machine at the new tyre manufacturing plant in Rayong, Thailand. The Calendering machine is not only the first, but with almost 100 meters length, also one of the largest…
Malaysia to construct more rubberised roads to increase lagging rubber price
Malaysia’s Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong recently announced that the government will implement more rubberised roads. He said this is one measure among a few to increase domestic rubber consumption in order to shore up…
Lanxess’s ebitda up by 29.6% in fiscal year 2017 – the highest the company has seen
Specialty chemicals company Lanxess has recorded another successful year. Ebitda pre-exceptionals rose by 29.6 % in fiscal year 2017 to EUR1.29 billion, the highest result in the company’s history. In the previous year, ebitda pre-exceptionals amounted to EUR995 million. The…
Four people killed due to Hyundai’s and Kia’s faulty air bag; U.S agency opens probe
Four people were killed and another six were injured after some air bags failed to deploy in Hyundai and Kia vehicles recently. The U.S. National Highway Traffic Safety Administration said it is launching a probe into why it happened. The…
Hartalega to increase glove production to 32 billion pieces
Malaysian nitrile glove-marker Hartalega Holdings Bhd plans to up annual production of its gloves from the current 27 billion pieces to 32 billion pieces by March 2019. Hartalega executive chairman Kuan Kam Hon said the group will stay focused on…
Top Glove to launch its own line of condoms called ‘Top Feel’
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…
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…