News

Good News For Planters, Indonesia Drops Foreign Ownership Clause In Bill 2014-10-01

Malaysia: News of the Indonesian government dropping the controversial foreign ownership clause in the final version of its plantations bill has left observers unperturbed. RHB Research analyst Hoe Lee Leng said she was generally positive that the clause was omitted. The draft of the bill would have retroactively...

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Current world natural rubber position and future prospects 2014-09-30

The most recent rubber Industry report of IRSG indicates that a negative growth of natural rubber production in the face of steady rate of NR consumption has created a large deficit in the world NR market in 2014, which suggests future performance of NR market would not be as bad as was expected.The global economy...

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Revised World Rubber Summit to be held in late March 2014-09-30

The International Rubber Study Group, in partnership with SingEx Exhibitions, will launch its revamped World Rubber Summit 2015, to be held March 24-25 in Singapore at MAX Atria at Singapore EXPO. Held under the umbrella of “World Rubber Week,” the event takes place alongside Tyrexpo Asia, IRSG’s...

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Centre promises relief to rubber growers 2014-09-29

INDIA: The Centre will give top priority to providing relief to rubber growers in crisis because of the fall in prices, Union Commerce Minister Nirmala Sitharaman said today. “The priority will be on giving some relief to growers,” the Minister told reporters here, adding that the concerns...

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Growers worried over fall in price of natural rubber 2014-09-29

INDIA: The persistent fall in the price of natural rubber has caused concern among rubber farmers in Kerala, which accounts for more than 94 per cent of the commodity’s total production in the country. Rubber price, which ruled around Rs 220 per kg in January 2011, has now touched a low...

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Thai rubber planters plans to continue revolt, unless they see results 2014-09-25

Thailand is bracing for the country’s biggest public protests since May’s coup, as farmers frustrated by falling prices threaten to take to the streets in defiance of martial law. Prime Minister Gen Prayut Chan-o-cha told farmers last week that they may have to sell their rubber “on Mars” amid a...

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Conti begins making tires made of dandelion latex 2014-09-25

Continental A.G. has begun building test tires made with rubber derived from the latex of dandelions and projects serial production using the rubber could start as soon as in 10 years. Continental displayed the first test tires made from the dandelion-derived rubber at the International Motor Show Commercial Vehicles...

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Apollo's Kanwar named Rubber Man of Year 2014-09-24

Neeraj Kanwar, vice chairman and managing director of Apollo Tyres Ltd., was namedRubber Asia’s 2014 Rubber Man of the Year. The award was presented at the India Rubber Summit and Dinner in Kochi on Sept. 20. The winners of other awards are: • Zenith Industrial Rubber Products Pvt....

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