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Vietnam earned USD 220 million from shipping 175,000 tons of rubber abroad in January 2019, up 10.8 percent in value and 28.9 percent in volume compared to the same month last year. Experts predict further growth in rubber exports this year with global demand set to rise 4.2 percent to 14.59 million tons, while total output is forecast at 14.84 million tons.

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International Institute of Synthetic Rubber Producers, Inc. (IISRP), Houston, TX, USA, 2018, 85 p., USD 2,500

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Jean-Dominique Senard, Chief Executive Officer of the Michelin Group, has agreed to become Chairman of the Board of Directors of Renault, effective from 24 January 2019. Senard will continue to serve as CEO of the Michelin Group until his term expires in May 2019.

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Multiple extrusion head Troester CoEx 5plus1/H500

The Hanover-based German company Troester GmbH & Co. KG will exhibit at the Tire Technology Expo 2019. In 1892, the German engineer Paul Troester started building machines, which could process unvulcanised rubber and guttapercha. Today, Troester is well known as a reliable extrusion partner and source of know-how for all major tyre companies, but also a choice for many medium-sized and local tyre producers. The company offers a wide range of standard and custom-designed systems for extrusion and calendaring of tyre components.

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On 24 January 2019, the tyre machinery producer VMI Group opened a further two manufacturing halls at its production facilities in Lezsno, Poland, following “unprecedented success” of the plant. The Lezno site first started operations in 2017 and today has a workforce of over 150 people. According to VMI Group, in order to facilitate continuing growth, plans for a second phase, which will double the size of the plant, have also been brought forward. In addition, the company announced the appointment of Magda Sadowska as General Manager of VMI Poland.

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Materialise, through a partnership with RSPrint, has entered into an agreement with HP to scale an end-to-end 3D solution to design and manufacture fully customised 3D-printed insoles. FitStation powered by HP will integrate the Materialise software for 3D design automation, print preparation and production management.

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The Indonesian government plans to subsidize rubber growers in March 2019 to improve the quality and price of the key commodity, South Sumatra Governor Herman Deru stated. The subsidy will come in the form of production facilities and cash assistance, he revealed in Palembang (South Sumatra) on Wednesday (13 February 2019).

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The global market for thermoplastic elastomers is estimated to have grown at a compound average rate (CAGR) of 5.45 % in 2012 – 2017, even though it is an increasingly mature market. It is also expected to grow at about the same rate for 2017 – 2022, with a CAGR of 5.58 %. The Asia-Pacific region occupied an estimated 49.7 % in 2017, and will likely grow to a market share of 53.1 %, by 2022.

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Sri Trang Agro-Industry, the world's largest natural rubber firm, plans to drastically boost production of medical gloves to capitalise on falling rubber prices. This year, Sri Trang will acquire an existing glove factory in Thailand, while also building two new factories set to be complete in 2020. The company has four glove factories and 36 natural rubber processing plants. Sri Trang plans to produce 21 billion gloves this year, up from 16 billion in 2018. By 2020 they hope to make 30 billion gloves.

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F. l. t. r.: Marco Giudici, Mayor of Caronno Pertusella, Marco Volpato, Cannon Group President, and Maurizio Cusinato, Cannon Afros General Manager, during the ribbon-cutting ceremony for the new R+D area of Cannon Afros.

“Innovation will lead us to always do winning things” – with these words, the President of the Cannon Group, Marco Volpato, inaugurated the new 500 m2 hall destined to expand the current 1,000 m2 R+D laboratory in Caronno Pertusella, north of Milan, Italy, on 19 December 2018.

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