Malaysia’s rubber industry is eyeing potential growth through production of high-value engineering rubber products following rising demand from many countries, according to Malaysia’s Minister of Plantation Industries and Commodities Datuk Seri Mah Siew Keong. He said Malaysia had the ability…
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Indian rubber planters’ body against reduction of NR import duties
The United Planters Association of South India (UPASI) has expressed its opposition to the demands of tyre manufacturers to reduce the import duty on natural rubber (NR) in the country as it will be detrimental to the interest of the…
Continental, Caterpillar to collaborate on new OTR tyre designs
Leading German automotive company Continental AG signed a collaborative agreement with American corporation Caterpillar Inc. on designing new tyres for two Cat products: Medium Wheel Loaders and Articulated Dump Trucks. Under the agreement, Continental’s RDT-Master tyres (sizes 18.00R33, 21.00R33 and…
Yokohama sees growth in 2017 operating profit despite rising rubber prices
Japan’s third-biggest tyre maker, Yokohama Rubber Co. Ltd., is expecting a 12% increase in their operating profit for 2017 despite the rising prices of natural rubber and other raw materials. The world’s eighth-biggest tyre maker predicts operating profit will grow…
India shows increasing trend in natural rubber production
India is experiencing a continuous rising trend in its production of natural rubber (NR), with the total production for January 2017 showing a 26.93% increase as compared to the figures during the same period last year, according to the country’s…
US imposes anti-dumping import duties on ESBR from South Korea
The US Department of Commerce will impose anti-dumping import duties on emulsion styrene butadiene rubber (ESBR) from South Korea following its decision last month to impose anti-dumping duties on dioctyl terephthalate (DOTP) from South Korea as well. The preliminary determination…
Bridgestone’s Examation receives “Tire Manufacturing Innovation” award
Bridgestone’s new tyre building system has been awarded “Tire Manufacturing Innovation of the Year” in the 2017 Tire Technology International Awards for Innovation and Excellence. The independent jury of 27 top tyre industry experts applauded Bridgestone’s achievement in the use…
Synthomer invests EUR20 mn in dispersion plant, capacity expansions
UK-based chemicals business Synthomer, one of the world’s leading suppliers of waterborne dispersions and specialty polymers, is investing EUR20 million for the expansion and improvement of its dispersion plant located in Worms, Germany. This will strengthen the company’s continuous growth…
SRI’s acquisition of UK-based Micheldever Group has been completed
Sumitomo Rubber Industries, Ltd. (SRI) has completed its acquisition of UK-based Micheldever Group Ltd., the largest independent wholesaler, distributor and retailer of tyres in the UK. The acquisition of Micheldever from Graphite Capital Management LLP was initially announced on January…
Rubber Board publishes a book on India’s rubber tariff policies
India’s Rubber Board has published a book on the country’s tariff policies on rubber and rubber products that aims to provide clarifications on the policies after the implementation of Regional Trade Agreements (RTAs). India’s external trade policies have undergone important…