Italian bicycle tyre maker Vittoria Group says it is constructing a new factory in Thailand. The US$20 million investment will see its local subsidiary Lion Tyres Thailand (LTT)’s factory premises grow from 36.000 to 52.000 sq m in the Bangpoo…
Tag: Thailand
Apollo starts first truck tyre centre in Hat Yai,Thailand
Fire damages rubber plant in Nan, Thailand
A rubber sheet factory in Nan, Thailand, was damaged in a fire recently. Police said the fire started at the factory belonging to the Ban Huay Haed Rubber Cooperative in Phupiang district’s Tambon Faikaew early in the night. Cooperative officials…
Continental celebrates stone-laying ceremony at its plant in Rayong, Thailand
Continental recently celebrated the Foundation Stone Laying Ceremony, marking the start of construction of its new Greenfield tyre plant in Rayong, Thailand. The ceremony was attended by Chalee Chotiwong, Chief of Provincial Administration Organization for Maenamkoo district, as well as…
Malaysia, Thailand, Indonesia consider cutting rubber exports
Malaysia, Thailand and Indonesia are looking to reduce rubber exports soon in order to stabilise the 40% plummet in rubber prices, according to Malaysia’s Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong. Since January until now, he noted…
Thailand, Malaysia, Indonesia to reduce rubber exports
The governments of Thailand, Indonesia and Malaysia agreed to implement the Agreed Export Tonnage Scheme (AETS) beginning March 1, 2016. Under the AETS, the three countries will cut exports by 615,000 tonnes of NR for the period of six months…
Thailand, Malaysia join forces in Rubber City project
THAILAND and Malaysia are collaborating on the Rubber City project aimed at developing the rubber industries of both countries. There are high hopes for the said project, and shoring up prices in Thailand – a major issue that has elicited…