Improved supply, weak demand keep NR market down ** US rubber goods trade deficit rises ** Bridgestone develops high-quality elastomers ** Continental A.G. plans seven new tyre plants



EGE Kimya Turkish chemicals major in expansion mode
It is indeed a fascinating saga of tremendous transformation and growth EGE KIMYA, (EGE KIMYA SANAYI VE TICARET A.S., to be in full) — is presenting to the industry world since its inception over 56 years ago! A family-run business, headquartered in Istanbul, Turkey, initially involved in the production of intermediary chemicals, has today emerged as an innovation leader and solution provider to an increasing number of its global

PanAridus releases  Guayule rubber samples
PanAridus CEO Michael Fraley announced recently to the rubber and tyre industry executives and onlookers at the International Tire Exhibition and Conference 2012 that the company was publicly
NR Industry  Great opportunities amid challenges: Dr. Kamarul Baharain Basir
Despite pressures of the changing economy, outlook is quite positive for the global natural rubber industry. Signs of improvement in the US, China and the European economies of late are
Global warming impacts NR production
It is estimated that for every one degree rise in temperature, there would be about 15% fall in NR productivity. The world needs more rubber and NR is the natural choice, provided it is

RUBBER PRICE

Latest Rubber Price
International Rubber Price on November 6 2012 (USD/ 100kg) RSS3 RSS4 SMR20 Latex

LATEST NEWS

US rubber goods trade deficit rises
The U.S. rubber product trade deficit increased 19 % through April, with few categories showing any improvement in the
Bridgestone develops high-quality elastomers
Bridgestone Corp., together with NEDO, Japan’s largest public R&D management organization, and JSR Corp., has developed
Continental A.G. plans seven new tyre plants
Continental A.G.’s tyre division plans to enter new product segments and build as many as seven more tyre plants by 2025 in
Improved supply, weak demand keep NR market down
Weekend review of NR market Natural rubber market was shrouded in weak sentiments in the week October 29 to November 2 2012
Countries vying to expand NR plantations

Many countries are bracing themselves to increase the area under rubber , thanks to the prevailing high price of NR. Philippines plans to increase the rubber area to 200,000 ha. by 2016 from 145,200 ha. at present. Philippine’s NR production was 106,400 tonnes in 2011 at an average yield of 1,373 kg/ha, of which around 50,000 tonnes were exported.
Cambodia Government intends to expand the production of rubber through small and large-scale plantations across the country. According to government targets, Cambodia plans to increase the area of land used for rubber plantations to 400,000 hectares (1 million acres) and to export 300,000 tonnes of rubber latex by 2020.  More than 40,000 hectares (98,840 acres) in the forest have been granted for rubber plantations alone.
Prime Minister of Vietnam Nguyen Tan Dung has urged the Viet Nam Rubber Group (VRG) to strive to expand the country's rubber area to 1 million ha by 2015 of which the VRG would account for nearly half. He said the VRG had developed 300,000ha of rubber plantations in Viet Nam and more than 200,000ha overseas, compared to just 40,000ha after the war. The Group's production has continued to increase despite the global economic downturn with an average annual increase of 6 % in area and 10 % in productivity. Export turnover has increased by more than 30 % per year, and hit nearly $3 billion last year.
Sri Lanka's Ministry of Plantation and the Rubber Research Institute of Sri Lanka (RRISL) have taken steps to extend rubber cultivation to non-traditional areas in the country, especially in the dry zone. According to the Government's estimates, the country would need 150,000 MT per year to meet the escalating demand from local rubber -based industries. Considering the global demand for raw rubber exports, 200,000 MT of natural rubber will be produced per year by 2016. Lands in the traditional rubber growing areas falling in the wet zone is virtually insufficient to meet this demand.

 
Previous posts:


Associates