LANXESS, Arkema Rubber Processing Chemicals Market to Cross US $5.31bn by 2025 : Basf, Solvay, AkzoNobel , Eastman Chemical Company and 5 Other Companies Profile

Sellbyville, DE — (SBWIRE) — 01/31/2019 — Rubber Processing Chemicals Market was more than USD 3.5 billion in 2017 and will forecast to exceed USD 5.3 billion by 2025 with 4.9% CAGR during the forecast timespan 2018 – 2025 ; according to a new research report by Global Market Insights.

Asia Pacific created a major chunk of product demand in past and it is likely to grow with highest growth rate over the forecast timeframe. This can be attributed to the presence of major automobile manufacturers in this region. According to the recent OICA reports, more than 50% of global vehicles…

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Top rubber growers mull cutting exports 300,000 tons: Indonesia

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JAKARTA (Jan 16): A technical team at the International Tripartite Rubber Council has proposed cutting shipments of natural rubber by 300,000 tons this year as part of efforts to improve prices, says Oke Nurwan, director general of foreign trade at Indonesia’s Trade Ministry.

Read the source article at The Edge Markets

Breakthrough in NR platform dispute

London – There appears to have been a breakthrough in the dispute between tire makers and NGOs over the governance structure of the Global Platform for Sustainable Natural Rubber (GPSNR).

The initiative was formally launched 25 Oct by the World Business Council for Sustainable Development’s (WBCSD) Tire Industry Project (TIP).

As an ‘independent’ body, GPSNR aims to drive up the socio-economic and environmental performance of the NR value-chain.

Read the source article at European Rubber Journal

Latest Rubber Industry Report now available from IRSG

As the sole international body representing the global rubber industry, with its remit centred largely on the provision of timely and relevant economic and statistical information to industry stakeholders, the Secretariat of the International Rubber Study Group (IRSG) publishes data on production, consumption, trade and prices – covering both natural rubber (NR) and synthetic rubber (SR) – on a quarterly basis in its flagship documents, the Rubber Statistical Bulletin and the Rubber Industry Report.

The October – December 2018 edition of Rubber Industry Report is now available from the IRSG. Annual subscriptions and single copies can be purchased by non-members via the website …

Read the source article at rubberstudy.com

IRSG Photo Competition – Women For Rubber

Women play an important role in the whole rubber value chain from nurturing, harvesting, processing, trading and manufacturing.

Along with the celebration of International Rubber Study Group (IRSG) 75th Anniversary, IRSG is organising a photo competition to pay tribute to women’s contribution in the rubber industry. This contest is supported by Singapore Committee for UN Women and prizes are sponsored by Namazie International. 

Read the source article at rubberstudy.com

NR producers to study pricing issues at Bangkok meeting

Bangkok – Members of the International Rubber Tripartite Council (IRTC) – Thailand, Indonesia and Malaysia – are set to meet in Bangkok later this month to address issues around prolonged low prices for natural rubber (NR).

Speaking 7 Jan to ERJ, a spokeswoman for the International Rubber Consortium (IRCo) said the exact date of meeting is not finalised yet.

The meeting, she said, would review measures to benefit smallholders, but did not elaborate further.

Read the source article at European Rubber Journal

ANRPC reports growth in natural rubber production, demand

Kuala Lumpur – Global demand for natural rubber (NR) rose 5.2% year-on-year to 11.7 million tonnes for the first 10 months of 2018, according to the Association of Natural Rubber Producing Countries (ANRPC).

NR Production charted a 5.5% growth to 11.5 million tonnes during the same period, leading to a shortfall of 228,000 tonnes, said Nguyen Ngoc Bich, secretary-general of the ANRPC on 24 Dec 2018.

Read the source article at European Rubber Journal

World NR supply up 5.5% during Jan-Oct, 2018: ANRPC

The Natural Rubber Trends and Statistics report by the Association of Natural Rubber Producing Countries (ANRPC) in October 2018 has stated that the world production of natural rubber (NR) from January 2018 to October 2018 amounted to 11.468 million tonnes, an increase of 5.5% from the same period in a year earlier. The livelihood of rubber farmers was affected by the prevailing low rubber prices and unfavourable climate condition in member countries.

Read the source article at Rubber Asia

Rubber Processing Chemicals Market to Cross US $5.31bn by 2025: LANXESS, Arkema, BASF, Solvay, AkzoNobel, Eastman Chemical Company and 5 Other Companies Profile

Rubber Processing Chemicals Market to Cross US $5.31bn by 2025: LANXESS, Arkema, BASF, Solvay, AkzoNobel, Eastman Chemical Company and 5 Other Companies Profile Global Rubber Processing Chemicals Market is forecast to exceed USD 5.31 billion Sellbyville, DE Asia Pacific created a major chunk of product demand in past and it is likely to grow with highest growth rate over the forecast timeframe. This can be attributed to the presence of major automobile manufacturers in this region.

Read the source article at SBWire

Cooper Tire and Sailun announce Vietnam TBR tyre joint venture

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Cooper Tire & Rubber Company is to form a joint venture with Sailun Vietnam Co, Ltd to build a 2 million capacity truck and bus radial manufacturing plant. Subject to closing and government approvals, the facility will be located near Ho Chi Minh City, Vietnam, at the site of Sailun Vietnam’s existing operations, which early in 2018 signed an offtake agreement to produce Roadmaster, Dean and Starfire brand tyres for Cooper.

Read the source article at Tyrepress