Delhi-based RCPSDC (Rubber, Chemical & Petrochemical Skill Development Council) has tied up with the Tripura state government, in north eastern India, to improve the livelihoods of rubber growers belonging to OBC Cooperative Development Corporation community through a project involving skills training in rubber tapping…
Tag: rubber
Thai rubber output climbs 1.8% in 2022
According to the Rubber Authority of Thailand (RAOT), Thailand, a major global rubber producer, is expecting to produce 4.9 million tonnes of natural rubber in 2022, up 1.82% from a year earlier. As per Athiwee Dangkanit, Director of Rubber Economy…
Demand for NR topped in 2021; slower demand in 2022
Total rubber demand is estimated to recover by 9.4% in 2021 (y-o-y), reaching 29.57 million tonnes, exceeding the pre-pandemic level, according to the December 2021 edition of the World Rubber Industry Outlook (WRIO) published by Singapore-based International Rubber Study Group (IRSG). …
Rubber companies to report annually on sustainability progress
With members of the Global Platform for Sustainable Natural Rubber (GPSNR) accounting for about 50% of global natural rubber volume, a set of detailed sustainability reporting parameters have been approved that all members will be required to complete annually from 2022 onwards, it…
Bridgestone to divest anti-vibration rubber & chemical businesses
Japanese tyre maker Bridgestone Corporation is to sell its anti-vibration rubber and chemical products solutions businesses. The company expects the respective deals will close by the end of July and end of August 2022. The chemical business, comprising automotive seat pad…
GRT Rubber acquires Valley Rubber; to benefit from crossover business
US engineered rubber products maker GRT Rubber Technologies has acquired compatriot US-based Valley Rubber, a manufacturer of custom rubber solutions for tough mining and industrial applications. The two manufacturers will join forces to share resources, end-market expertise and expand their…
Synthos receives EC approval to acquire Trinseo’s rubber business
Polish polymers maker Synthos has gotten the green light from the European Commission to finalise the US$491 million acquisition of US-based Trinseo’s rubber business. In May 2021 Synthos signed an agreement with Trinseo on purchasing its synthetic rubbers production plants…
Rubber dropped from EU anti-deforestation law; Mighty Earth appeals
Global advocacy organisation Mighty Earth has urged the European Commission (EC) to reverse its decision to drop rubber from the EU’s new anti-deforestation supply chain law. This comes after the environmental group revealed that the use of key deforestation data by the EC to justify its decision…
MPIC eyes big data analytics for rubber, palm sectors
The Ministry of Plantation Industries and Commodities (MPIC) is using big data analytics to coordinate essential data from the industries under its purview in order to maximize the country’s resources. This strategy, according to MPIC Minister Datuk Zuraida Kamaruddin, will…
TAIF, Sibur merger finalised; fifth global producer
Russian petrochemical firms Sibur and TAIF have entered into an agreement finalising the creation of a combined entity that will leverage the facilities of PJSC SIBUR Holding. The move follows an announcement in April that the firms had initiated steps to…