Thailand is calling on foreign tyre producers to set up plants in the country to promote the local market.
Malaysian investment holding company, Kossan Rubber Industries is preparing to improves its net profit by 4% to 5% on the next financial year.
Rubber Industries Inc. reinvents their strategies to improve operation and production and achieve record-breaking numbers.
Switzerland-based Foster Wheeler AG has recently been awarded by Lanxess Changzhou Co., Ltd, to build a new EPDM rubber plant in China.
Thailand, the world’s top supplier of natural rubber, will buy 250,000 metric tonnes of natural rubber by March to improve the natural rubber market.
Malaysia glove manufacturer Kossan Rubber Industries Bhd is expected to show better output according to Kenanga Research.
Global market intelligence company, Transparency Market Research, reported the expected growth of the global Nitrile Butadiene Rubber (NBR) to US$2.7 billion by 2018.
Major rubber-producing countries will meet on December to discuss on the strategies that will stablise the rubber prices.
ETRMA has just announced the release of the CARS 2020 Action Plan that is thought to boost the European automotive industry and said that it will be implemented immediately.
Researchers at the UMSICHT in Oberhausen, Germany has found a new way to recycle rubber and turning it into useful high-quality plastic products.