The government should look seriously into the grievances of rubber farmers who have been complaining about low prices over the last five years. True, the price of rubber, like most other commodities, such as palm oil, cacao and coal, is mainly influenced by global supply and demand, especially for Indonesia, which, as the world’s second…
Kuala Lumpur – Natural rubber prices recovered from a dip in late July, thanks to favourable market fundamentals and supply deficit, the Association of Natural Rubber Producing Countries (ANRPC) has reported.
In its latest release on trends and statistics in August, the association said global NR production reached 8.038 million tonnes within the first eight months of the year. Consumption was estimated at 8.544 million tonnes.
Starting 9 September, Jorge Nogueira is chief executive officer of Arlanxeo. He succeeds Jan Paul de Vries, who has left the synthetic rubber manufacturer to “seek a new professional challenge.” Prior to his appointment as CEO, Nogueira headed the company’s Tire & Specialty Rubbers (TSR) business unit, and he been a member of the Arlanxeo Executive Board since the joint venture was founded in April 2016.
Zeppelin Group GmbH, based near Munich, says it is building a tire recycling plant in Terre Haute, Indiana, that will recover carbon black from old tires for its long-term partner Munich-based Pyrolyx AG. The groundbreaking took place in Terre Haute Aug. 22, 2017, and construction starts on the plant Sept. 5. Zeppelin is taking on the planning and execution of the overall plant, which has a value …
KUALA LUMPUR: The region’s top traditional rubber producers – Thailand, Indonesia and Malaysia – believe the current low price of natural rubber (NR) does not reflect the economic fundamentals that affect it. ITRC member countries account for 65% of global natural rubber (NR) production and 72% of world NR exports. A statement issued by the…
ATLANTA—EcoVadis recognized Birla Carbon with a gold rating for advanced sustainable practice for the second consecutive year. The rating comes after a review of Birla Carbon’s sustainability practices after the release of its fifth sustainability report, “Our Progress on the Path to Sustainable Business.”
Birla Carbon’s score places it in the top 1 percent of more than 30,000 in all categories.
The firm said that in 2017, it aligned itself to the United Nations’ Sustainable Development Goals that are linked to the three key levers of its Sustainable Operational Excellence strategy—people, product and process.
VIENTIANE (Vientiane Times/ANN) – Laos’ rubber exports have increased this year even though domestic farmers are still affected by low prices. In the first six months of the year, Laos earned almost US$45 million from rubber exports, an increase of 40.8 percent compared to the same period last year. The country earned US$40 million from rubber exports.
AKRON, Ohio, Aug. 29, 2017 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) is harvesting some unique “seeds” of innovation as it introduces a new tire technology with support from the United Soybean Board (USB).
The first commercial use of a new soybean oil-based rubber compound is helping Goodyear enhance tire performance in dry, wet and winter conditions. A Goodyear team of scientists and engineers created a tread compound, or formulation, using soybean oil, which is naturally derived, cost-effective, carbon-neutral and renewable.
Imagine a tire that could heal after being punctured or a rubber band that never snapped. Researchers have developed a new type of rubber that is as tough as natural rubber but can also self-heal. Researchers from the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS) have developed a new type of rubber that is as tough as natural rubber but can also self-heal.
Kuala Lumpur – July 2017 witnessed a natural rubber supply deficit of 648,000 tonnes, according to the latest figures published by the Association of Natural Rubber Producing Countries (ANRPC).
In a 9 Aug statement ANRPC secretary general Nguyen Ngoc Bich said for the first seven months of 2017, the global NR production amounted to 6.838 million tonnes, including non-ANRPC member countries; while the global world consumption recorded at 7.486 million tonnes.