Last month, Bridgestone Americas introduced the next generation of its Bridgestone Turanza Serenity and Firestone Destination products at back-to-back dealer and media events at the Las Vegas Motor Speedway. The Bridgestone Turanza Serenity Plus offers the same benefits of the…
India NR, SR output rises
KOTTAYAM, India — Natural (NR) and synthetic rubber (SR) production increased in the final months of 2011 in India, according to a report from the India Rubber Board. NR output grew 3.7% to 106,800 metric tonnes in December compared with…
China launches anti-dumping probe into Japanese and US resorcinol imports
THE Ministry of Commerce announced Friday it will launch an anti-dumping probe into resorcinol imported from Japan and the United States, People’s Daily reported. A brief statement on the MOC’s website said it will start investigating the dumping margin and…
Tokyo futures drop 1%, but post solid gain on quarter
TOKYO rubber futures ended 1% lower on Friday as players took profit ahead of the quarter’s end, but firm oil prices and limited supply in major producing countries continued to lend support, dealers said. The benchmark rubber contract on the…
Thailand to accelerate plan to cut down aging rubber trees
THAILAND, the world`s largest producer and exporter of natural rubber, may cut down 500,000 rai (80,000 hectares) of rubber trees this year to help boost prices, deputy farm minister Nattawut Saikuar said today. The plan would reduce supply by about…
Thai Govt to buy 7% of the annual rubber output in Q1 2012
BANGKOK – In order to raise the rubber price, Thai Government plans to buy nearly 7% of the country’s annual production in first quarter of 2012, but according to analysts, this could end up creating a mess causing huge stocks…
Dunlop India in liquidation process
A CALCUTTA court order of liquidation means that tyre maker Dunlop India’s Sahaganj unit will cease to exist. Work at the firm’s plant was suspended last year over alleged trouble on its premises. The firm had bought tyre machinery but…
Yokohama re-starts plan to build Indian plant
JAPANESE firm Yokohama Rubber is investing 4.4 billion yen to construct a passenger car tyre plant in Delhi, India. To start up by 2014, the first phase will have a capacity of 700,000 tyres/year. The project has been on hold…
Kraton and Formosa tie-up for HSBCs
US-based styrenic block copolymers producer Kraton Performance Polymers has formed a 50:50 joint venture with Formosa Petrochemical to construct the previously announced 30,000-tonne hydrogenated styrenic block copolymer (HSBC) plant in Mailiao, Taiwan. It will start up by 2014. Kraton says…
SRIB denies allegation of unfair rubber prices
KOTA KINABALU – The Sabah Rubber Industry Board (SRIB) has refuted allegation by the representative of the rubber smallholders association that rubber prices paid to smallholders in the state were not reasonable. SRIB general manager Datuk Harris Mathews recently said…