According to Association of Natural Rubber Producing Countries, Vietnam may likely surpass Malaysia’s rank as the 3rd largest producer of rubber in the world.
Tag: rubber asia news
Philippines: Zamboanga North forms rubber group
Province of Zamboanga Del Norte in the Philippines has formed a new rubber group to help in achieving the goal of doubling the rubber production of the country by 2016.
Miti to rubber associations: No RA extension
Malaysian government has not approved the request of rubber association members to extend the reinvestment allowance to 30 years; says 15 years is already enough.
Hankook builds new facility in Hungary
South Korea’s leading tyre manufacturing company, Hankook will be building its new facility to expand its production capacity in Hungary.
Thai govt rubber stocks grown to 200,000 tonnes
Thai government rubber stocks have doubled to 200,000 tonnes according to the deputy agriculture minister. The rubber stocks have increased after the government has approved to buy 30 billion baht worth of rubber to help the local…
National Treasury spends US$ 80m on tyre smuggling per annum
The national government of China and India lose US$ 80m every year due to unscrupulous players in the tyre manufacturing industry that smuggle used tyres.
Global rubber supply raises to 4.7% in 2012
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.
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…