Industry news of the polymerindustry - RFP Rubber Fibres Plastics

Rhein Chemie opens first production facility for Rhenoshape curing bladders in Brazil

Rhein Chemie, a business unit of Lanxess, has opened a new production facility for Rhenoshape curing bladders, which are used in the manufacture of tyres, at its Porto Feliz site in Brazil. Around 170,000 bladders can be produced annually in the new facility.

MALAYSIA: Toyo completes tire plant

Toyo Tire & Rubber Co. Ltd. has announced the completion on 8 May 2013 of the company’s new passenger vehicle and light truck tire plant at Taiping in Perak State in Malaysia (company name: Toyo Tyre Malaysia Sdn Bhd; hereinafter “TTM”), which had been under construction.

MALAYSIA: Room for Malaysian tyre exports to grow

There is room for Malaysian tyre exports to grow, according to International Trade and Industry Ministry secretary-general Datuk Dr Rebecca Fatima Sta Maria.

PHILIPPINES: Zamboanga region rubber production gets boost

With Region IX, or the Zamboanga Peninsula, contributing roughly 43 % of the country’s total rubber production of 395,237 t in 2010, the Philippine Council for Agricultural and Aquatic Resource and Research Development (Pcaarrd) of the Department of Science and Technology (DOST), and Jose Rizal Memorial State University (JRMSU) are helping rubber farmers in the area increase yields by adopting science-based and good agricultural practices, among others.

MYANMAR: Malaysian firm mulls Myanmar rubber foray

FELDA Global Ventures Holdings Bhd (FGV), the world’s largest crude palm oil producer, is in the final stage of due dilligence with a local partner to start rubber processing activities in southern Myanmar, FGV president and group chief executive officer Datuk Sabri Ahmad said.

VIETNAM: Hailstorms destroy rubber trees in Lai Chau

Hailstorms and whirlwinds during the last week have wrecked havoc on 12,000 trees in the main rubber growing area in the northern mountain province of Lai Chau, according to the director of Lai Chau Rubber Company Le Tien Tinh.

KOREA (SOUTH): Big fines set for toxic chemical leaks

A parliamentary subcommittee passed a bill on Monday (6 May 2013) seeking to fine companies up to 5 % of their revenue for leaks of toxic substances.

CHINA: Formosa Plastics developing plans for petrochemical projects in Gulei

Taiwan’s Formosa Plastics Group (FPG) is making plans for subsidiary Formosa Plastics Corp. (FPC) to undertake construction of joint venture naphtha crackers and downstream petrochemical facilities in Gulei, in China’s Fujian Province, according to the Taipei Times.

MALAYSIA: Latex glove demand to stay resilient, bird flu in focus

The demand for rubber gloves would remain resilient due to the stable latex price despite rising demand for nitrile-based gloves, says Kenanga Research.

THAILAND: Toray to increase production capacity of nylon fiber

Toray Industries, Inc., of Japan, has announced its decision to increase the production capacity of nylon fiber used for automobile airbags in Thailand.

MALAYSIA: Rubber sector contributes RM36 billion to country’s exports

The rubber industry contributed RM36.4 billion to the country’s exports last year, said Deputy Minister of Plantation Industries and Commodities, Datuk Hamzah Zainuddin.

THAILAND: Stronger baht hurts Thai rubber exports

Thailand’s exports of farm products in the first quarter of this year have felt the pinch from the impact of the baht’s rapid appreciation and it is likely to worsen, according to an academic study.

CAMBODIA: Rubber draft law addresses regulatory holes

The government is drafting a rubber law to regulate the sector in response to the rapid growth of rubber plantations across the country, an official said.

CAMBODIA: Kingdom spending $3 million to boost rubber quality

A $3 million initiative to purify the quality of rubber trees planted across the country is intended to spur farmers to plant more rubber, a government official said.

THAILAND: Members of Parliament decry low rubber prices

Democrat MPs have stepped up pressure on Prime Minister Yingluck Shinawatra to introduce urgent measures to help farmers who are facing falling rubber prices.

JAPAN: Mitsubishi Chemical and JNC to transfer PP compound businesses to Japan Polypropylene

Mitsubishi Chemical Corporation (MCC), Japan Polychem Corporation (JPC, a wholly owned subsidiary of MCC) and JNC Corporation (JNC) have decided to transfer the Polypropylene Compound (PPCP) business held by each party and the FUNCSTER (a thermoplastic resin reinforced with long glass fibers) business held by JNC to Japan Polypropylene Corporation (JPP), which is a polypropylene joint venture between JPC and JNC Petrochemical Corporation (a fully-owned subsidiary of JNC for integration purposes).

THAILAND: Bridgestone lays foundation stone for new tire plant

Bridgestone Corporation has announced that a foundation stone laying ceremony was held on 29 Apr. 2013 at the Amata City Industrial Estate, Rayong, which is future site of the Bridgestone group's new plant in Thailand that will produce off-the-road radial tires for construction and mining vehicles (ORRs).

MALAYSIA: Malaysia imposes anti-dumping tax on Vietnamese BOPP film

Malaysia has levied anti-dumping taxes on Vietnam's Biaxially Oriented Polypropylene (BOPP) film, according to the Vietnam Competition Agency (VCA) under Vietnam's Ministry of Industry and Trade.

MALAYSIA: Cabot to close carbon black manufacturing facility

Cabot Corporation announced that the board of its joint venture carbon black company, Cabot Malaysia Sdn. Bhd. (CMSB), has decided to cease carbon black production at its Port Dickson, Malaysia, facility by the end of July 2013. Customer shipments from the plant are expected to continue for a period of time after production has been shut down. Cabot holds a 51 % equity share in CMSB.

THAILAND: Siam Cement adding LDPE capacity

Siam Cement Group said its board of directors has approved an increase in wholly-owned subsidiary Thai Polyethylene Co.’s low-density polyethylene (LDPE) capacity in Rayong, Thailand.

More news can be found in the Archive