Kamarul Baharain Basir, the Secretary-General of the Association of National Rubber Producing Countries, said that the rubber supply around the world has increased to 4.7 percent while the demand has increased to 4.8 percent.
TOP STORY
Tyre Industry: Speeding up towards sustainability
Amid environmental issues over rising carbon emissions, the rubber/tyre sector is stepping up ...
Lanxess discloses goal by one year
The German specialty chemicals company Lanxess has announced its mid-term goal to achieve its target earning by one year.
Lanxess jumpstarts the world’s largest Nd-PBR plant in SG
Speciality chemicals firm Lanxess has recently broken ground for its 140,000 tonnes per annum Nd-PBR facility worth EUR 200 million (S$ 317 million) on Jurong Island in Singapore
Philippines to augment rubber plantation by 2016
The Philippine government is widening its rubber plantation by acquiring 10,000 hectares of land each year to achieve the target of 200,000 hectares of rubber plantation by 2016.
Thailand: Increased budget to buy more rubber
Thailand approves additional budget to buy more rubber from local farmers to aid in boosting the price of natural rubber in the market.
RISDA received budget of RM398mil
The Rubber Industry Smallholders Development Authority (RISDA) has received RM397 worth of budget to replant rubber trees and boost the country’s production of natural rubber.
Lanxess’s AA-rated concept tyre
German speciality chemicals company Lanxess has shown its expertise in product innovation for synthetic rubber with its latest concept tyre. This tyre is amongst the first to be introduced that would get the AA rating under the…
Titan issues share to fill for Titan Europe offer
Titan International, manufacturer of Titan and Goodyear farm tyre brands has issued stocks worth US$ 168 million to buy the 78.3 percent of Titan Europe’s stocks.
India rubber to extend gains
The India rubber price is expected to extend gains as the price of the rubber jumps by 1 to 2 rupees every day, making the farmers to hope that the prices will boost up to 200 rupees in the coming days.
Sri Lanka to make strides of its rubber infrastructure
Sri Lanka is making strides of its rubber sector to improve its production and export with the primary goal of achieving the target of $4 Bn rubber exports target by 2022.