United Nations Development Programme (UNDP) Resident Representative in Zambia, Janet Rogan, is urging the government to restore the rubber plantation in the Zambian district of Nchelenge to help boost the economy and reduce poverty. Speaking after inspecting the rubber plantation…
MARGMA expects Malaysia’s rubber glove exports to hit RM15.2 bn in 2017
The Malaysian Rubber Glove Manufacturers Association (MARGMA) expects the country’s total export revenue of rubber gloves to hit RM15.2 billion for 2017, and is optimistic that global demand for rubber gloves will grow to between 8% and 10% next year.…
Major Taiwanese tyre makers to hike prices as rubber costs increase
Major tyre makers in Taiwan have announced plans to increase prices by 8% to 12% next year as synthetic rubber and natural rubber prices also go up. In a Taiwan Stock Exchange filing, tyre manufacturer Federal Corporation said it would…
SRI Group to enhance US-based R&D, testing infrastructure in 2017
Japan-based global tyre and rubber company Sumitomo Rubber Industries, Ltd. is enhancing their research and development (R&D) as well as testing infrastructure in the US for the rapid development and timely launch of tyres for its customers in the North…
Nexen Tire signs deal with Pirelli subsidiary to boost Latin American presence
South Korean tyre manufacturer Nexen Tire has entered into a strategic partnership with Pirelli Latam Participacoes LTDA, the Brazil subsidiary of Italian multinational company Pirelli, in an effort to increase its presence and boost sales in the Latin American market.…
Marangoni welcomes two new Turkish retreading partners
Marangoni Retreading Systems has partnered with two new successful dealers and retreaders in the Turkish market, Basoglu and Dirkap. Based in Devrek/Zonguldak in the northern part of Turkey, Basoglu is able to serve big and modern fleets due its good…
IRGA urges import ban on natural rubber, cheap quality tyres
The Indian Rubber Growers Association (IRGA)is seeking a ban on imports of natural rubber for at least six months in the country to help rubber farmers in the country meet production costs. India’s Minister of State for the Ministry of…
Rubber Board: India’s NR production up 19% in November
The production of natural rubber (NR) in India rose 19% in November this year compared to the same period last year showing an increasing trend, according to the officials of state-run Rubber. The world’s fifth-biggest producer of the commodity, India…
Bridgestone wins tyre tread design lawsuit over Triangle Tyre in China
China’s Supreme People’s Court has granted a favourable ruling towards Japan-based global tyre and rubber company Bridgestone Corporation in an infringement lawsuit involving the company’s tyre tread design rights against Chinese tyre manufacturer Triangle Tyre Co., Ltd. Triangle Tyre has…
Rising demand expected to drive synthetic rubber market to US$45bn by 2023
The growing demand in the automotive industry and the rising footwear market are among the factors anticipated to drive the synthetic rubber market to reach more than US$45 billion by 2023, growing at a CAGR of over 5% in the…