KUALA LUMPUR – The Rubber Industry Smallholders Development Authority (Risda) has targeted a monthly income of RM4,000 per household by 2020 for rubber tappers. Risda chairman and director general Datuk Wan Mohamad Zuki Mohamad said it was to encourage the…
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Vajra Rubber Products, an investment of Core International, achieves rare API Q certification in India
HOUSTON -Vajra Rubber Products (P) Limited (“Vajra”), an investment of Houston-based Core International, LLC (“Core”), earned the rare ISO/TS 29001:2010 Total Quality Management Systems certification (“API Q”) at the end of December 2013. Core and its subsidiaries provide engineered rubber…
Supportive government policies and fuel-efficient tyres to drive Malaysian tyre market says TechSci research
Growing demand for hybrid cars as a result of government initiatives to drive the tyre market in Malaysia over the next five years Malaysia’s favorable government policies, coupled with political and economic stability, and the presence of well-developed infrastructural facilities,…
Tyre industry divided over how to handle toxic waste
Australia’s tyre industry is split over the best way to tackle the problem of discarded tyres, with a new federal government stewardship plan getting only lukewarm support from some of the largest retailers and environmental groups. Federal Environment minister Greg…
Rubber drops for second day as Yen gains, China stockpiles swell
Rubber in Tokyo declined for a second day, to the lowest level in almost a week, as a stronger Japanese currency cut the appeal of yen-denominated futures and stockpiles swelled in China. The contract for delivery in June on the…
RM14b bonanza for M’sian glove makers
Malaysian rubber glove makers are confident of cementing their position as the world’s largest producer, backed by robust growth forecasts of 8% to 10% in volume. This is expected to generate about RM13 billion to RM14 billion this year. Most…
Rubber imports by India climbing to record as supply shrinks
Natural rubber imports by India, the world’s third-biggest consumer, will surge to a record this year after monsoon rains cut production and as tiremakers increased purchases because of a decline in global costs. Shipments will probably climb 38 percent to…
ContiTechl brings conveyor belts to Chile mines
GERMANY-headquartered ContiTech is delivering conveyor belts and belt monitoring systems for the development and expansion of the Chilean copper mine in El Teniente, which is run by mine operator Codelco. More than 20 kilometers of steel cord belts are to…
Malaysian NR exports in November scores high
THE STATISTICS Department in Malaysia said that natural rubber (NR) exports in November last year rose 15% to 74,792 tonnes from the same period in 2012. The Standard Malaysian Rubber (SMR) contributed 92.1% of the total exports, with 66.5% of…
ITC backs SI Group in intellectual property raps
NEW YORK-headquartered SI Group, a global developer and manufacturer of chemical intermediates, specialty resins, and solutions, has won ts case in a landmark intellectual property lawsuit before the International Trade Commission (ITC). SI Group had filed a complaint with the…