SBR market volume to increase by 2% till 2025
Veteran banker Harris Premaratne appointed as Chairman of GRI
The Tire Cologne marks success on debut
https://rubberasia.com/2018/01/31/will-new-year-bring-cheer-nr-growers/
NR production up 2.6% in Jan-Apr, 2018: ANRPC

News

  • According to a new research report by Global Market Insights, Inc, Nitrile Butadiene Rubber (NBR) Powder Market size will surpass USD 600 million by 2024. Nitrile rubber powder market is majorly driven by the rapid usage of adhesives, gaskets, and sealants in industries such as marine, aerospace, rail and refinery, packaging, automotive and others consume […]

  • Manufacturer of the most sophisticated and technologically advanced systems for tyre retreading Tyre Retreading Machinery (TRM) wants to focus more on Brazil and the South American market for future growth. TRM Managing Director Alessandro Villa said: “The Brazilian market is facing great challenges coming from a concentration of the activity in large retreaders, the pressure […]

People

  • Dr Lai Van Lam, Director of the Vietnam Rubber Group (VRG) and a former Director of Rubber Research Institute of Vietnam (RRIV), passed away on June 16, 2018. He was on his way back to Vietnam from the US when the tragedy occurred.

  • Dr Matthias L. Wolfgruber is the new Chairman of the Supervisory Board of LANXESS AG. The Supervisory Board of the speciality chemicals company elected the doctor of chemistry and former CEO of Altana AG as the successor to Dr Rolf Stomberg who resigned from his office. Wolfgruber has been a […]

Market Watch

  • The Indian rubber industry is losing its momentum and its contributions to the economy are on the decline in recent years ever since the industry started to become overly dependent on imported NR, reveals a study conducted by the Rubber Research Institute of India (RRII). The findings of the study are published in the latest […]

  • By Sharad Matade: RBI’s forecast of lower inflation and higher growth projection, a normal monsoon predicted by IMD etc boosted sentiments on the bourses and raised stocks of Indian tyre majors by 4.30% to 21% Following the bullish market in April 2018, stocks of most of the tyre companies managed to have a positive growth […]

Features

  • By P Venugopal: While there is soaring demand for carbon black in India, a host of factors such as rising consumption by the rubber and tyre industry, indiscriminate imports/exports, underutilisation of production capacity etc. have led to severe shortage of the product in the domestic market The expansion of rubber […]

  • By Adam Gosling*: Failure to understand the basic requirements of a tyre extends from drivers and operators to the very people involved in road safety and vehicle regulation. When they are asked how can the computer controlling an autonomous vehicle (AV) know that it has a deflating tyre if tyre […]

Industry

  • China Synthetic Rubber Corporation (CSRC), a Taiwanese synthetic rubber maker, is interested in setting up a carbon black manufacturing unit in Gujarat, according to a report in the Financial Express. The company is looking for a 100- acre plot near a port area and will invest Rs10 billion to build the plant. Quoting D Thara, […]

  • The Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) is the placement-led skill training initiative of the Ministry of Rural Development (MoRD) in India that invests in training of a job-ready, skilled workforce, transforming poor rural Indian youth into skilled productive employees with a view to empower industry with the right manpower for success and growth. […]

  • Japanese Chemical firm Denka Company Limited will increase its production of Chloroprene Rubber (CR) by 10,000 tonnes. The move is to deal with the globally tight supply for CR. In order to boost production, the company plans to resume operations at its domestic Omi Plant and removing bottlenecks at Denka Performance Elastomer LLC (DPE), a […]

  • Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) and Rubber Skill Development Council (RSDC) have tied-up for Skill Development Initiatives. Training will be provided include Junior Rubber Technician, Tyre Fitter, Tyre Retreading, Material Handling & Storage operator, Injection Moulding Operator, Mill Operator and Compression Moulding Operator. The HSIIDC is the nodal agency for the development […]

Interviews

  •   By Prof T N Kalamani: An emerging force in the world tyre manufacturing sector, the Indian tyre industry has won global recognition in terms of innovative technology, processes, practices and quality of products. Industry 4.0 or Smart Manufacturing with its emphasis on automation, robotics and Internet of Things (IoT) could help the tyre industry […]

  • Ranked currently as one of the top three energy companies and top 10 petrochemicals producers globally, Reliance Industries Limited (RIL) has been recognized as a key player in the elastomer business across the world. RIL’s vast and valuable experience in the SR industry spanning three decades, its reputation as a cost-efficient producer and uninterrupted supplier […]

  • The Union Budget 2018 has many pluses such as credit support and lowering of tax rates for the MSMEs, increase in import duties of radial truck and bus tyres etc. However, these are hardly sufficient to fortify the rubber sector as an imperative component of the ‘Make in India’ drive, says Kamal K Chowdhury, President, […]

Perspective

  • By John Stone: It will be interesting to watch if the Tire Cologne Show 2018, supposed to be the most important tyre show in Europe in the coming years, will actually deliver its promises Tyre shows in Europe have always been very competitive; but towards the end of May, with […]

Technology

  • The Yokohama Rubber Company has developed the world’s largest floating pneumatic rubber fender, with a diameter of six meters. The fender is designed to be used at offshore cargo transfer operations of liquefied natural gas (LNG) from LNG-FPSO (Floating Production, Storage and Offloading system) to LNG tankers. The pneumatic fender […]

International Rubber Price

11/06/2018 (USD/100 kg)

RSS3 – 167.70
RSS4 – 166.70
SMR20 –  141.40
Latex 60% –  113.10

Indian Rubber Price

11/06/2018 (Rs/kg)

RSS4 – 126.50
ISNR20 – 122.00
Latex – 60% –  88.75

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