Lower import tariffs on raw materials such as butyl rubber and hi-tech synthetic rubbers, but duty for finished products will be kept high.
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Rubber climbs to seven-month high on weak yen
Rubber prices have soared to the highest level since May as a weak Japanese currency boosted the appeal of yen-based contracts. Rubber for delivery in June, the most-active by volume, gained 1.6% to settle at 292.1 yen/kg (US$3,445 a tonne)…
F1 teams ready for the new Pirelli tyres in 2013
The features are expected to deliver extra performance within a wider working range, due to increased cornering grip.
Yokohama’s tyre design reduces aerodynamic drag on vehicles
The new technology takes the environmental contribution made by reducing rolling resistance a step further by improving the flow of air around the tyres while a vehicle is in motion in order to raise fuel efficiency.
EU accepts Thai rubberwood products
The Thai rubberwoood furniture industry has made improvements to comply with EU timber import requirements, especially since that the new Forest Law Enforcement, Governance and Trade action plan of the European market is in place and will start in March next year.
Russian Dandelion as natural rubber alternative
BRIDGESTONE Americas, part of Bridgestone Corporation studies the potential of Russian Dandelion as a source for commercially-viable and renewable source of high-grade natural rubber, under the auspices of the Programme for Excellence in Natural Rubber Alternatives (PENA) based at the…
China to cut natural rubber import to increase local supply
By January 1 next year, the taxes will be lowered by 20% or US$120 per metric tonne, according to the Finance Ministry.
Ivory Coast to produce more rubber in 2013
IVORY COAST in the African continent expects to produce 300,000 tonnes of rubber in 2013 as it plans to raise funds for developing new production zones of the crop. Output this year was lower than expected, at 230,000 tonnes from…
Malaysia to turn Kedah into a rubber hub
Discussions between the ministry and the private sectors on the proposal of converting 16,000 has of rubber plantation from the Malaysian-Thai border to Baling are ongoing.
Mitsubishi Outlander to fit Toyo tyres
LEADING car manufacturer, Mitsubishi has chosen Toyo A24 tyre for fitment for its 2013 Outlander Sport, a US-made crossover vehicle.