The Keltan Elastomers business unit of specialty chemicals group LANXESS will globally raise its prices for all of its Keltan EPDM grades (Ethylene Propylene Diene Monomer), effective April 1, 2014. The price adjustment for EPDM is USD 150 per metric…
ITRC aims to stabilise rubber prices
The cooperation between three major rubber producers — Malaysia, Indonesia and Thailand — in the form of International Tripartite Rubber Council (ITRC) is expected to stabilise the declining prices of natural rubber. Plantation Industries and Commodities Minister Datuk Seri Douglas…
US Silicones industry demand to grow 4.7% annually to 2018 says a new research report
US demand to rise 4.7% annually through 2018. US demand for silicones is forecast to climb 4.7 percent annually to $4.3 billion in 2018, with volume rising 3.2 percent per year to 900 million pounds. This will be an acceleration…
Ministers warned again over ‘weak supervision’ of waste tyres
The Tyre Recovery Association (TRA) has reiterated calls for a moratorium on exempting ‘small-scale’ tyre recycling from requiring an environmental permit, over concerns that such sites are not being regulated. The Environment Agency does not regulate exempted sites as they…
Toyo to unveil three new tyres at MATS
Toyo Tire U.S.A. Corp. is introducing two steer tyres and an all-season drive tyre at the 2014 Mid-America Trucking Show (MATS) in Louisville, Ky., March 27-29. The company says the tyres feature its proprietary e-balance technology to deliver improved tyre…
Passenger car segment to continue its domination in Kuwait tyre market
High purchasing power along with continuous increase in automobile sales are contributing to the growth of the tyre market in Kuwait. Around 95% of the country’s population resides in urban areas. This high rate of urbanization is also supporting the…
Sentury adds sizes for Landsail UHP tyres
Sentury Tire Americas has expanded the sizes of its Landsail LS588 and Landsail LS588 SUV/CUV ultra high performance all-season tyres. The LS588 SUV/CUV is available in 41 sizes between 17 inches and 26 inches. The LS588 UHP is available in…
Kenanga overweights on rubber gloves sector
Kenanga Research & Investment says maintaining OVERWEIGHT rating for the rubber gloves sector, despite unjustifiable sell-off of rubber glove maker stocks. “Rubber glove stocks under our coverage suach as Top Glove, Supermax, Hartalega and Kossan have performed poorly. But we…
Rubber procurement ‘stretched’ too far
The rubber procurement scheme launched by the Kerala Government fails to bring any benefit to the growers as the commodity remains under pressure with the decline of spot rubber prices. The delay in implementation of the scheme, coupled with the…
Increased demand for tyres could inflate Goodyear’s stock price
The global marketplace is showing concerns over the Chinese economy’s possible slowdown. A manufacturing report known as the Flash PMI showed a drop in orders to 48.1 – below the 48.7 expected by analysts. Even if China’s economy cools down,…