The gap between rubber demand and supply continues to widen as the production of tyres rise.
Tag: rubber
HLIB places hold on Kossan Rubber
The Hong Leong Investment Bank (HLIB) Research places an on hold call with the Kossan Rubber Industries as the research firm thinks that the company lacks with specilisation.
Tyre makers favour rubber imports amidst price slip
Tyre makers continue to import rubber as the prices for rubber in the local market soars high.
Tyre makers buy as prices drop
China, India and other exporters of rubber and tyre makers continue to buy rubber despite of the prices going down.
SIBUR and RIL to build a butyl rubber plant in Jamnagar
Reliance Industries Limited (RIL) and Russi’s largest petrochemical company SIBUR will join together to build the first butyl rubber plant in India.
Latex prices to remain at RM 6-7 per kg accdg to Top Glove
The world’s largest rubber gloves manufacturer Top Glove said that the rubber gloves will likely steady its price ranging from RM 6-7 per kg.
Thai govt rubber stocks grown to 200,000 tonnes
Thai government rubber stocks have doubled to 200,000 tonnes according to the deputy agriculture minister. The rubber stocks have increased after the government has approved to buy 30 billion baht worth of rubber to help the local…
New tyres contain natural rubber, biomass and plant fibers
Bridgestone is developing a sustainable tyre to lessen the negative effects of tyre fire to the environment.
Goodyear’s Fayetteville plant to lower tyre production
Goodyear Tyre & Rubber Co. is planning to cut down its rubber tyre production in its Fayetteville plant to answer the demands of the industry.
National Treasury spends US$ 80m on tyre smuggling per annum
The national government of China and India lose US$ 80m every year due to unscrupulous players in the tyre manufacturing industry that smuggle used tyres.