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Malaysia, Indonesia and Thailand plan market for better rubber price

KUALA LUMPUR: The world’s top rubber producers, Thailand, Indonesia and Malaysia, are targeting to set up a regional rubber market in the next 18 months that will serve as a platform for better rubber price recovery, as well as an effective hedging function for producers, consumers and market players.

Sabic chief exec says oil price decline is temporary

RIYADH: The recent decline in global oil prices will prove temporary even if it lasts a year or so, since population growth will ultimately bring higher consumption and prices, the chief executive of Saudi Basic Industries Corp (Sabic) said.

Improving rubber industry

JOHOR BARU: The Government will continue with its research and development (R&D) activities and related programmes to increase productivity in the rubber industry.

Now robots can plug in their own computer equipment thanks to new technology

A robot which can pick up and plug in a USB cable is now a reality, thanks to researchers at MIT and Northeastern University.

Supermax eyes growth in India, China and Japan

KUALA LUMPUR: Glove maker Supermax Corp Bhd is set to “grow strongly” next year as it expands distribution of its own brand manufacturing (OBM) products in India, China and Japan, said executive chairman and group managing director Datuk Seri Stanley Thai (pic).

Top Glove may cut stake in Indonesia plantation

TOP Glove Corp Bhd, the world’s largest rubber glove manufacturer by volume, may pare down its stake in its Sumatran rubber plantation and seek out local partners as Indonesia mulls tough new laws to curb foreign ownership of plantations.

Glove makers rule out price war

KUALA LUMPUR: Despite oncoming capacity numbering in the billions of gloves, Malaysian rubber glove makers, which produce the majority of the world’s gloves, are ruling out a price war although they say competition is set to intensify.

M'sia glove 2014 exports to top last year's, says MARGMA

KUALA LUMPUR: Malaysia's rubber glove exports in 2014 are expected to top last year's RM10.5bil as demand for gloves grows 8% to 178.6 billion pieces this year, said Malaysian Rubber Glove Manufacturers Association (MARGMA) president Lim Kee Shyan.

Wellcall expansion on track

AFTER a one-year delay caused by land issues, industrial hose manufacturer Wellcall Holdings Bhd’s third factory, its largest investment to-date, is going full steam ahead.

Tyres made from dandelions? Welcome to the future of rubber!

The roadside flower often considered as a pest now has a bright future in the tyre industry.