Global prices for natural rubber (NR) soared to a six-month high, with benchmark futures prices on the Tokyo Commodity Exchange (TOCOM) up 27% from the recent low in late August this year. TOCOM’s RSS3 rubber sheets contract for April 2017…
Tag: rubber
SABIC, ExxonMobil JV begins polybutadiene industrial rubber operations
The Al-Jubail Petrochemical Company (KEMYA) rubber plant,a joint venture between Saudi Basic Industries Corp. (SABIC) and ExxonMobil subsidiary Exxon Chemical Arabia, has recently started commercial operations at its polybutadiene industrial rubber part. SABIC, one of the world’s largest petrochemicals groups,…
Kultevat Inc collaborates with Sumitomo Rubber Industries to develop environmentally-friendly rubber
Kultevat Inc will be collaborating with Sumitomo Rubber Industries to develop environmentally-friendly rubber. The St Louis-based company and the Japanese company inked a research agreement recently to speed-up the development of Taraxicum kok-saghya (TKS). TKS will then act as an…
India’s rubber output to shrink by as much as 15%
Some rubber farmers have stopped tapping due to weak rubber price, causing fears that the rubber output in India might shrink by 15 % – its lowest in two decades. MUMBAI: Natural rubber production is likely to sink as much…
In Monday’s SMEBiz: Rubber entrepreneurs, China Silk Road
Monday’s SMEBiz highlights the rubber entrepreneurs, new uses for containers and the huge opportunities in the China Silk Road. Two friends overseas glimpsed an opportunity in rubber-cushioned flooring. Eighteen years, many ups and downs later, and their company Fairmont Ventures…
Kerala govt to include latex in stimulus package
The Kerala government is expected to give a reprieve for the rubber growers who are struck by a steep fall in latex price. Finance Minister K.M. Mani said he had directed officers to form a formula to include latex in…
Desma inaguarates new facility in China
This year is a special one, because Desma is not only celebrating the 50th corporate anniversary but also the inauguration of a new and larger facility at the gates of Shanghai. Around 150 visitors participated in the opening festivities at…
Rubber farmers face fresh crisis as latex prices spiral
Rubber farmers in Thiruvananthapuram are facing a fresh crisis with a steep fall in latex price. With the price of the commodity falling from Rs 152 per kilo to Rs 130 within three weeks, the inclusion of latex in the…
UK firm supplies inline and offline measurement systems for tyres, rubber
UK-BASED Micro-Epsilon’s Systems Group offers measurement systems so that rubber processing companies and tyre manufacturers can now source complete, inline and offline precision measurement and inspection systems from a single supplier. Micro Epsilon specialises in the development, manufacture and installation…