Malaysia’s rubber industry is not a sunset industry following demand for high-value engineering rubber products from many countries, says Minister of Plantation Industries and Commodities, Datuk Seri Mah Siew Keong. He said Malaysia has the ability to produce high-value engineering rubber products used specially in the field of vibration and earthquake engineering. Mah said Malaysian manufacturers had installed and supplied rubber seismic bearings to high-seismic activity countries like New Zealand, Iran, Indonesia, Turkey and China. “Our rubber products are of world standard, so the rubber industry is definitely not a sunset industry,” he told reporters after visiting the Doshin Rubber Products (M) Sdn Bhd factory here Monday.
The 9th edition of India Rubber Expo, the premier international rubber event showcasing India’s rubber power to the world, is back in the south Indian metropolis of Chennai for a second time. Once again, this grand rubber show provides a great a global platform for the rubber industry players across the world, especially those hailing from the most happening Asian region, to come together, interact and exchange their ideas, display their most innovative products and services to the visitors. Major overseas rubber industry players and experts from Japan, China, Malaysia, Korea, the Netherlands, Germany and the US will converge at Chennai during the event, meet face to face with their Indian counterparts and discuss emerging market scenarios, technologies, alliances and other industry-related issues and explore opportunities to work together.
It is also a venue for the Indian players to get to know and imbibe the latest technological trends and happenings taking place in rubber world and make improvements in their own processes. IRE 2017 is particularly relevant in Asia where growth rates for the rubber markets are expected to be higher than any other region in the coming years. IRE is a clear indicator of India’s own position which is currently the fastest growing economy in the world pushing back China to the second slot.
The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Non Tire Rubber market analysis is provided for the United States markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and Bill of Materials cost structures are also analyzed.
Overcapacity is one of the biggest challenges facing the global synthetic rubber (SR) industry. This has been driven mainly by over-investment in China during the past years. This situation of overcapacity has forced many facilities to work with reduced operating rates and delay or cancel several expansion projects. Some facilities have been deactivated or dismantled and others are in the process of switching over to produce other elastomer types such as SBS. This is most noticeable in China and the Asia Pacific region.
Even so, the SR industry is expected to continue to grow moderately compared to the previous years. By 2016, the installed capacity is expected to grow by 2 per cent, according to our information. To this situation of overcapacity, if we add dull world economic growth, the situation becomes more complicated.
Uses in key industries
Synthetic rubbers have been leading the global rubber market since the 1940’s and are used in the manufacture of many types of products that we use every day which make our lives more comfortable. The automotive and tyre sectors will keep driving the SR demand. The construction sector generates significant demand of synthetic rubber in many end-uses such as paving/roads, waterproofing membranes, and adhesives and sealants. It is also very useful to the food industry with several end uses such as labelling, packaging, and more. Synthetic rubbers are also the material of choice for appliances, footwear, personal care, medical applications and others.
The SR industry has an important and extensive business relationship with all these key industries, and therefore, has been influenced by the performance and situation of its trading partners. The global SR market experienced a sharp downfall in demand during the global economic crisis. However, coming out of the deep recession impact, it expects a moderate growth rate close to 2 per cent CAGR in the upcoming years.
The Association of Natural Rubber Producing Countries (ANRPC) is happy to release its Natural Rubber Trends & Statistics, January 2017. Natural rubber (NR) prices have registered a good start in the beginning of 2017 with an average 10% growth across key NR markets, in spite of the price decline to US$1.00 per kilogram during early […]
The post ANRPC Releases Natural Rubber Trends & Statistics, January 2017 appeared first on Global Rubber Markets.
China is the top consumer of natural rubber in the world, thanks to its booming auto and tyre industries. The country’s domestic production of NR, however, constitutes only a fraction of its demand.
China consumed 4.7 million tonnes of NR in 2015 while the country’s total NR production came to only 794,000 tonnes in 2015. ANRPC expects China’s NR consumption to further rise to 4.9 million tonnes in 2016.
Cooper Tire & Rubber Co., like many companies in the rubber industry, is trying to find ways to develop its talent pipeline. It realized that to do so, manufacturing needs to have a voice early on in a child’s education.
The company has used Manufacturing Day as a platform. And in conjunction with the Manufacturing Institute’s “Dream It. Do It.” program, the company established its own “Dream Team,” which consists of employees who serve as year-round ambassadors for manufacturing.
The team does a number of community outreach activities with local high schools and colleges, but the majority of them are centered around eighth graders, and the biggest is Manufacturing Day. The last two years Cooper has hosted events at all three of its plants for middle schoolers and offered the chance to experience what it’s like to work in the rubber industry. Kids take on roles—for instance a tire builder—and work one-on-one with employees to learn the job.
Cooper Tire said it’s reached 10,000 eighth graders through its Manufacturing Day programs.
London – Trinseo expects to commercialise its neodymium BR (Nd-BR) production by end of 2017 or early 2018 depending on customer feedback, according to Samer Al-Jabi, global business director for synthetic rubber.
The Berwyn, Pennsylvania-based company announced in April 2014 that it planned to convert its nickel butadiene rubber (Ni-BR) production train in Schkopau, Germany to manufacture Nd-BR.
Manufacturers View Construction Industry as Growth Opportunity as Demand for Hydraulic Rubber Hoses Increases, reports TMR Press release from: TMR The top tier manufacturers of global hydraulic rubber hoses market in 2013 – Gates Corporation, Parker Hannifin Corporation, Polyhose, and Eaton Corporation – accounted for a significant share in the market despite its highly fragmented nature.
The House committee on agriculture and food has approved the creation of a technical working group (TWG) that will finalize the bill seeking to create a Philippine Rubber Industry Development Board (PhilRubber) which shall be responsible mainly for the promotion, development and growth of the rubber industry by improving its quality and productivity, and expanding its markets.
The TWG creation was agreed upon during a recent hearing of the committee chaired by Rep. Jose T. Panganiban, Jr. (Party-list, ANAC IP). The TWG shall be headed by Rep. Isagani S. Amatong (3rd District, Zamboanga del Norte) who is also the author of the proposal embodied in House Bill 2912.