Titan International, manufacturer of Titan and Goodyear farm tyre brands has issued stocks worth US$ 168 million to buy the 78.3 percent of Titan Europe’s stocks.
Tag: rubber
India rubber to extend gains
The India rubber price is expected to extend gains as the price of the rubber jumps by 1 to 2 rupees every day, making the farmers to hope that the prices will boost up to 200 rupees in the coming days.
Philippine rubber industry stakeholders to talk on opportunities and issues
The Philippine Department of Trade and Industry (DTI) is hosting an event and inviting the major stakeholders from the Philippine rubber industry to talk about the investing and marketing opportunities for natural rubber manufacturers as well as the issues surrounding the industry.
Futures rally due to Fed move
Rubber Futures rally in Asia as the US Federal Reserve announced it news move to boost the job growth rate of in the US and its economy in general.
DuPont and Ansell Colludes
DuPont, a leading company for chemical and industrial products and Ansell, a leading manufacturer of gloves work together to produce more comfortable and durable gloves.
El Niño to decrease Indonesia’s rubber production
Indonesia’s rubber production is anticipated to fall this year as the country gets affected by El Niño.
Thai rubber producers to cut 100,000 tons production in the 4th quarter
Local producers of rubber in Thailand agreed to cut down the production to by 100,000 tons starting October this year to boost the price of raw materials in the market.
RM300m to RM500m to be invested in automation by Glove makers
Malaysia rubber glove makers to increase investment, improve the automation system, reduce the labour cost and boost the employment of locals.
Border Near Kedah, potential for growth according to Najib and Yingluck
Prime Minister of Malaysia, Datuk Seri Najib Tun Razak and Prime Minister of Thailand, Yingluck Shina-watra, agreed to work together to develop Kedah, the border of both countries into a Rubber City.
Yokohama Rubber allies with Yokohama Tire Vietnam
Yokohama Rubber Co. Ltd. is winding up with the Yokohama Tire Vietnam Company (YTVC) in the hope of enhancing the tire production and marketing operations of Yokohama Rubber, the subsidiary owner of Yokohama Tire Vietnam Incorporated.