Deputy Minister of Agriculture and Cooperatives Amnuay Patise is confident that his ministry will be able to raise the price of third-grade smoked rubber sheets to 60 baht/kg by the end of this year. The minister is also preparing to…
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Some Kerala rubber farmers miss out expected boom in tyre demand
Several rubber farmers have put away their tapping knives and switched to planting other crops, as ample global supplies and sinking benchmark prices of the tyre-making raw material squeeze their profit margins. But this means local rubber farmers are likely…
American Synthetic Rubber pays penalty due to butadiene leak
A Rubbertown chemical plant has agreed to pay a $27,000 penalty to the Louisville Metro Air Pollution Control District. District officials brought the enforcement action against American Synthetic Rubber Co. after documenting multiple excess releases o fbutadiene and toluene on…
Cooper’s legal battle with Apollo dismissed by Delaware Chancery Court
Cooper Tire & Rubber Co. says it is “pleased” its legal battle with Apollo Tyres Ltd. is over. The Delaware Chancery Court dismissed the Cooper’s lawsuit against Apollo last week. Cooper also says it plans no further claims against Apollo.…
Thai DOAE improves rubber farmers compensation payment procedure
The Department of Agricultural Extension (DOAE) has adjusted its procedure on the payment of compensation to rubber farmers, allowing the latter to receive the payment faster. At least 300,000 of them are expected be paid by the end of this…
Kerala Congress reports state-wide hartal due to rubber price slump
Kerala Congress (anti-merger group), in alliance with left parties, has decided to hold a state-wide hartal on March 14 to condemn the neglect towards agricultural sector and steep fall in the price of rubber. In a press conference held here…
Marangoni retreads 4 millionth tyre at Tennessee facility
Marangoni Tread North America Inc. (MTNA) has manufactured its 4 millionth tread at its Madison, Tenn., facility. MTNA began tread production at the Madison plant in 2004 and reached the 1 million tread mark in 2008. Since then, both capacity…
Pirelli reveals ultra-high performance all-season tyre
Racing, according to Enrico Bertaggia, former champion driver and CEO of Dream Racing, isn’t always about the car. In fact, when the race is all said and done, it’s always been about the tyres. Bertaggia made that remark to media…
US amends tariff rates on Chinese tyres
The US Department of Commerce amended its countervailing duty rates for passenger vehicle and light truck tyre from China to correct ministerial errors, according to reports. The errors occurred when the department included Giti Tire Fujian Co. Ltd. and Cooper…
Honeywell inaugurates new glove research and dev’t center in China
Honeywell International Inc, the Fortune 100 diversified technology and manufacturing company, is targeting opportunities from the Chinese government’s commitment to increasing energy efficiency and the safety of its workers, said Alex Ismail, the company’s president and CEO of automation and…