According to recently published TechSci Research report “Vietnam Tyre Market Forecast & Opportunities, 2019′, the tyre market in Vietnam is forecast to grow at a CAGR of over 8% during 2014-19. Prominent factors driving the market include growing automobile sales,…
Bidding process for Giti SC plant to resume
The bidding process for Giti’s Chester County, S.C., plant can resume following a ruling by the state Court of Appeals. Last week a judge declined to hear an appeal that would stop the county from hearing bids it had already…
AITDF requests ministry of road transport to reduce tyre prices
The All India Tyre Dealers’ Federation (AITDF) is pleading with the ministry of road transport to take up the cause of road transporters who have been asking for a reduction in tyre prices due to the fall in raw material,…
Malaysian rubber market expected to improve in 2015
The natural rubber (NR) industry is expected to recover next year, supported by increased demand from consuming countries amid low supply, says Malaysian Rubber Board (MRB) director-general Datuk Dr Salmiah Ahmad. She said the brighter prospects would be supported by…
Indonesian NR exports to remain dormant in 2015
Indonesia’s natural rubber exports are expected to remain stagnant at this year’s level as production is set to stay low due to poor weather and weak prices in the international rubber market. The association of Indonesian Rubber Producers Association (Gapkindo)…
BKT builds new facilities in North American
TyrePress reports, “To accommodate its growing presence in the North and Central American markets, BKT Tires Inc. recently opened a new premises dedicated to the OTR sector and has extended its team with two key appointments. The Balkrishna Industries company…
Sri Lanka rubber production downsurges
According to the Department of Census and Statistics, rubber production had seen a decline of 21.1 percent during the third quarter of 2013 and the low demand for Sri Lankan natural rubber in the world market had dropped attributing to…
Kerala rubber farmers annual earnings declines 3,500 crore
Plunging rubber prices in central Kerala has dampened the Christmas market in the towns like Kottayam and Pala, the rubber-heartlands of the country. Rubber-growing areas of Kerala account for 90% of the nation’s natural rubber production (7.44 lakh tonnes in…
Malaysian glove makers awaits benefits from strong ringgit
Malaysia’s glove manufacturers are expected to benefit from rise in the ringgit’s exchange rate as rubber gloves sales are mainly transacted in US dollar. The research arm of TA Securities Holdings Bhd (TA Research) said Malaysia’s glove manufacturers face main…
Nakhon Sithammarat rubber planters receives gov’t aid
Over 200 rubber planters in Nakhon Sithammarat Province yesterday received the assistance fund of 1,000 baht per rai as promised by the government . Presiding over the fund handing out ceremony, Lansaka District Chief Kittipan Petchu said a total of…






