The Diamond Jubilee Block at the Rubber Research Institute of India (RRII), where the Advanced Centre for Molecular Biology & Biotechnology (ACMBB) is going to function, was recently inaugurated by Rita Teaotia, the secretary of the Department of Commerce in…
Tag: rubber
Lanxess invests EUR100 million for aromatic compounds/rubber chemicals
Speciality chemicals company Lanxess is continuing to target growth. During the next three years, its business unit Advanced Industrial Intermediates will be investing some EUR100 million in expanding production facilities for chemical intermediates. Around EUR40 million each will be invested…
Rubber export option brings hope to Indian growers despite low local prices
Local rubber growers and tappers in India are optimistic this tapping season despite falling domestic prices as production is forecasted to increase and export options open up. “The season for tapping latex was to wind up in February. But because…
Slow, steady gain for Asian rubber in 2017
The Asian rubber industry is no stranger to fluctuations in commodity prices and upshot of market mechanisms. This year has jump started with improved rubber prices, compared to earlier quarters of last year, supported by increasing crude oil prices and healthy domestic…
Kerala exports Rs30 mn worth of rubber to Brazilian company
Manimalayar Rubbers Private Ltd., a company owned jointly by India’s Rubber Board and the Rubber Producers’ Societies (RPSs), is venturing into rubber exportation with the sales deal it made with by Industria de Artefatos de Borracha, a company based at…
Ghana Rubber to begin construction of EUR50 mn rubber factory
The Ghana Rubber Estate Limited (GREL), which has the largest industrial rubber plantation in the West African nation, is set to start construction of its EUR50 million rubber factory at Agona in the Western Region. Upon completion, the facility will…
Philippines’ House of Representatives moves forward with PhilRubber board
The committee on agriculture and food inside the House of Representatives in the Philippines is moving forward with the creation of the proposed Philippine Rubber Industry Development Board (PhilRubber) that will help expand the markets of the country’s rubber industry.…
Preferred Compounding adds elastomer compounding machinery in Mexico
Custom rubber compounder Preferred Compounding is bringing online a 75-litre tilt mixer dedicated to specialty elastomers in its production facility in Mexico to meet the demands for FKM, HNBR, ECO and other high performance elastomer (HPE) compounds. The first of…
Malaysia to build rubberised roads to boost domestic rubber consumption
Malaysia will start the construction of rubberised roads all over the country this year in order to increase domestic rubber consumption, according to Malaysia’s Plantation Industries and Commodities Ministry. Its minister, Datuk Seri Mah Siew Keong, said the move would…
Rubber MSMEs in India urge import duty increase on finished rubber products
Micro, Small and Medium Enterprises in India’s rubber industry are calling for an increase in import duty on manufactured rubber goods entering the country. They are asking for import duties to be increased to 30% from the current maximum of…