STYRENE- butadiene rubber (SBR) may continue to decline slowly, based on reports from China. This price fall is caused by falling butadiene (BD) prices. The latest BD price is about US$3,889 to US$3,968 per tonne. Local BD rubber producers, however,…
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Tyre Industry: Speeding up towards sustainability
Amid environmental issues over rising carbon emissions, the rubber/tyre sector is stepping up ...
Grim outlook for tyre makers in China
IN China, rubber prices went unstable down from US$4,125 per tonne in mid-February up to US$6,823 per tonne. This has caused net profits to dip by as much as 23.54%, according to the latest release from listed tyre companies including…
World Rubber Summit to be held in Singapore
MICHELIN, Bridgestone, Volkswagen and among others will be the leading figures for this upcoming World Rubber Summit to be held at the Raffles City Convention Centre this May 24, 2012. Invited presenters will be addressing concerns on the outlook and…
Shandong’s tyre exports jumped 54% in 2011
EXPORTS of tyres from the Shandong region increased in value by 54%, to US$7,834 million in 2011, according to a local official. President of the Shandong Provincial Rubber Industry Association, Zhang Hongmin said this trend was much better than the…
Triangle Group calls for more ‘green’ technologies
IN a keynote speech at an auto and tyre industry summit in Beijing, Triangle Group’s president, Ding Yuhua called for more “green” technologies in China, especially in the tire industry. He pledged that the group will follow the trend by…
Malaysian NR production fell in February
FEBRUARY marks the lowest for Malaysia; natural rubber produced was at 88,077 tonnes, a drop of 3,503 tonnes compared with the same month in 2011. The figure was up by 2,918 tonnes on the January figure. Exports reached 64,052 tonnes…
Evonik builds new Hydrogen Peroxide Plant in Jilin
EVONIK Industries has just held the groundbreaking ceremony for its new hydrogen peroxide plant in China. Scheduled to go online at the end of 2013, the plant will have a production capacity of 230,000 metric tonnes per year. This additional…
Teijin to open R&D centre in China
TEIJIN Ltd announced plans for a textile R&D centre in China. The facility will be built on the premises of its factory in Nantong, Jiangsu Province. Construction of the facility will total US$24 billion, with operations expected to start in…
Pereira to Lead Davis-Standard’s Expansion in Asia
DAVIS-STANDARD, LLC has assigned Fred Pereira as President of Asia. The addition of Pereira is an integral part of the company’s plan to increase its presence in China and throughout the region. Davis-Standard will open a facility in Suzhou, China,…
Developments reflect gradual shift to synthetics
NR may lose its winning streak to synthetic rubber (SR), which has cheaper average selling prices.