Marginal fall in share of SR in rubber consumption

The share of synthetic rubber in total world rubber consumption contracted marginally(-1.8%) from 53.6% in 2017 to 52.6% in 2018, according to the latest Rubber Industry Report released by the International Rubber Study Group (IRSG). The SR share of USA in 2018 stood...

NR exports up 1.8%, significant fall in imports

ANRPC member-countries exported a total volume of 888,000 tonnes of NR during January 2019, up 1.8% from the same month in the previous year. The volume of export was up 1.6% in Thailand, 20.1% in Vietnam and 29.8% in Cambodia. However, the volume was down in the case...

TARRC opens new MRB Rubber Engineering Laboratory

The Tun Abdul Razak Research Centre (TARRC), the UK R&D centre of the Malaysian Rubber Board (MRB), has opened its new MRB Rubber Engineering Laboratory. The new lab will be used for testing and validation of rubber products. TARRC has been carrying out research...

Prinx Chengshan begins work for new Thailand plant

Prinx Chengshan has started work for the world-class plant at Eastern Seaboard Industrial Zone WHA EISE 3 (Chonburi) in Thailand. The new facility is expected to be commissioned in mid-2020. By then, it will further consolidate and expand Prinx Chengshan’s...

Saudi Aramco acquires 70% majority stake in SABIC

Saudi Aramco announced the signing of a share purchase agreement to acquire a 70% majority stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund of Saudi Arabia, in a private transaction for SAR 259.125 billion, which is equivalent to USD...