Top Glove’s Founder and Chairman, Tan Sri Lim Wee Chai talks with Rubber Journal Asia about the company’s business movements to expand its capacity and achieve the aim of 30% of the global market share by 2015.
Rubber Journal Asia catch up with Datuk Dr Salmiah Ahmad, the Director-General of Malaysian Rubber Board and asked her regarding the rubber industry in the country.
Titan International, manufacturer of Titan and Goodyear farm tyre brands has issued stocks worth US$ 168 million to buy the 78.3 percent of Titan Europe’s stocks.
Sri Lanka is making strides of its rubber sector to improve its production and export with the primary goal of achieving the target of $4 Bn rubber exports target by 2022.
The Philippine Department of Trade and Industry (DTI) is hosting an event and inviting the major stakeholders from the Philippine rubber industry to talk about the investing and marketing opportunities for natural rubber manufacturers as well as the issues surrounding the industry.
The government of Thailand is said to buy 3 Billion Baht worth of rubber to local farmers to increase the prices of rubber in the rubber market.
Rubber Futures rally in Asia as the US Federal Reserve announced it news move to boost the job growth rate of in the US and its economy in general.
Arunachal districts in India have massively cultivated their lands to increase the production of rubber. The Rubber Industry of India has set up rubber plantations in East Siang, Telam Seren and Dipa, Niglok, Ngorlung, Nari and Bilat and areas to reach their target of production.
Natural rubber production that is expected to rise in 2012 is declined as Malaysia, Thailand and Indonesia cuts down old rubber trees, the export and the production to increase its price in the rubber industries.
Tires makers have been busy buying rubber from Southeast Asia as the prices of rubber in the rubber market is expected to rise due to the US Federal Reserve.