THE three rubber-related state organisations in Thailand, Rubber Research Institute of Thailand, the Office of the Rubber Replanting Aid Fund and the Rubber Estate Organisation, will be merged into one agency to boost the performance of the rubber industry. The…
California passes new auto emission rules
SANFO, U.S. – Seeking to influence other states and Washington, California air regulators passed sweeping auto emission standards Friday that include a mandate to have 1.4 million electric and hybrid vehicles on state roads by 2025. The California Air Resources…
North American rubber company launches new hose options
GLOBAL supplier of rubber products, Weir Minerals Linatex, a business unit within Weir Group, has launched two new hose products and one product enhancement. Its new preformed hose bend, which is intended as a replacement for hard-walled pipe bends in…
Tenneco, one of the bidders for Gates Rubber
ILLINOIS-headquartered Tenneco Inc. is one of three possible suitors for Gates Rubber, a subsidiary of the privately held Gates Corporation of Denver, a Tenneco spokeswoman said recently. A spokesman for Gates said a confidentiality agreement prevented him from disclosing the…
Only 5.2% of Indian SMEs in rubber products sector to invest in computers
NEW DELHI – Only 5.2% of respondents in a survey of SMEs in the rubber and rubber products conducted by IndiaMART Knowledge Services revealed that they planned to invest in computers. This was so despite the fact that a large…
Rubber Board tie-up with ATMA to empower small growers
KOTTAYAM – The Rubber Board and the Agricultural Technology Management Agency have started an integrated programme for empowering the village level small grower organisations. The aim of the programme is to provide financial assistance for Rubber Producers’ Societies and Self…
Supermax sees up to 30pc growth
KUALA LUMPUR – Glove manufacturer Supermax Corp Bhd is projecting between 20 per cent and 30 per cent sales growth this year, boosted by stabilised rubber prices and manufacturing expansion plans. For the financial year ended December 31, 2011, the…
Thailand approves US$472 million plan to support rubber prices: reports
THAILAND has approved a plan worth Baht 15 billion ($472 million) to buy 200,000 mt of natural rubber from local growers, news reports said Tuesday. The plan is aimed at supporting local natural rubber prices at Baht 120/kg. On Tuesday,…
M’sian rubber mart expected to see better performance
KUALA LUMPUR – The Malaysian rubber market is expected to see a better performance in anticipation of limited supply in the commodity, dealers said. A dealer said the wet weather in rubber producing countries, particularly in Southern Thailand, would cause…
Top Glove eyes 30% global market
PETALING JAYA – Glove maker Top Glove Corp Bhd expects to grow its global market share to 30% from 26.7% by the end of the year. “The global market volume consists of 150 billion pieces of gloves per year. Top…