Tyre manufacturers have increased their cost as the rubber prices are sent back to the bull market.
Tag: rubber news
Apollo Tyres seeks approval of shareholders to raise US$ 150 million
Apollo Tyres raising a fund worth US$ 150 million to support the company’s plan for expansion in India and overseas.
Felda Global to develop rubber business in Myanmar
The Malaysian rubber plantation firm Felda Global Ventures signed a MOU with Pho La Min Trading Ltd. to build a rubber plantation in Myanmar.
TOCOM futures flat
The Key Tokyo Commodity rubber started good Monday morning but fell flat at the end of the day.
Synthetic tyre regulations encourage green support
The new regulations in tyre production of some countries that uses synthetic rubber encourages the use of eco-friendly tyres.
Continental A.G. eyes Germany as new location for recycling plant
Conti is said build a new rubber recycling plant in Hanover to be used in manufacturing new and retreaded rubber 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.
Lanxess discloses goal by one year
The German specialty chemicals company Lanxess has announced its mid-term goal to achieve its target earning by one year.
Philippines to augment rubber plantation by 2016
The Philippine government is widening its rubber plantation by acquiring 10,000 hectares of land each year to achieve the target of 200,000 hectares of rubber plantation by 2016.
Thailand: Increased budget to buy more rubber
Thailand approves additional budget to buy more rubber from local farmers to aid in boosting the price of natural rubber in the market.