YANGON, Nov. 8 (Xinhua) -- Myanmar has earned 89 million U.S. dollars from rubber exports in the first seven months of present fiscal year of 2017-2018, increased by 26 million dollars compared to the last fiscal year 2016-2017, official Global New Light of Myanmar reported Wednesday.
Myanmar's rubber is mainly exported to neighboring China via border gates - Muse, Lweje, Kanpikete, Chinshwehaw and Kengtung.
The country's rubber export also goes to Malaysia, Singapore, Japan, Indonesia, South Korea, China's Taiwan and India.
More than 90 percent of rubber production goes to export market and the country's rubber export accounts for only 1.6 percent of exports in the global market.
In export market, the price of the country's rubber is low because of a lack of better technology and quality of rubber production.
Myanmar's southern Mon state is the main rubber producer in the country.
Source : http://news.xinhuanet.com
Hanover, November 9, 2017. Continental successfully continued its dynamic growth in the third quarter of 2017. The technology company presented its business figures for the first nine months on Thursday, confirming its annual targets: “We are steadily continuing our successful path. After nine months, we increased our sales by 9 percent to €32.7 billion. Our adjusted EBIT margin is 10.6 percent. We are therefore completely on track and will comfortably achieve our annual targets,” said Continental’s Executive Board chairman Dr. Elmar Degenhart.
Degenhart expressed his delight over the strong sales growth: “We have put our money on the right horses with our technologies for safe, efficient and intelligent mobility. We closed the third quarter with sales growth before changes in the scope of consolidation and exchange rate effects of 8 percent. This means that we once again grew much faster than our reference markets. For example, the global market for passenger cars and light commercial vehicle production grew by just 2 percent.”
Apollo Tyres Ltd. and the Rubber Research Institute of India have developed a special grade of epoxide natural rubber, a new rubber compound for tires that recently received a patent from the Indian government.
The firm said this special grade ENR will replace the more-expensive styrene butadine rubber widely used in high-performance car tires, including winter tires. Apollo added that it provides a sustainable solution to its future high-performance tires.
The research and development team at Apollo was led by Arup Kr Chandra.
"As a company, Apollo Tyres has always been proactive in its approach towards technology, sustainability and other environmental issues," Daniele Lorenzetti, Apollo chief technology officer, said in a statement. "This innovation is a result of our commitment to replace synthetic materials with green and more environment friendly naturally occurring materials. I would like to congratulate the entire team involved in this, including the scientists from Rubber Research Institute of India, for this invention."
Source : http://www.anrpc.org/
Munich,Germany – Wacker Chemie AG will expand its production capacities for silicone and polymer products in China and continue to reinforce its research and development capability in order to further strengthen its market position in the region, the Munich-based chemical company announced. Specifically, the company is expanding its solid silicone rubber manufacturing facility in Zhangjiagang, as well as its production capacity for vinyl acetate-ethylene (VAE) copolymer dispersions at its plant in Nanjing. Wacker’s technical center in Shanghai will also be expanded. This includes new research and development labs for silicone fluids and resins, pyrogenic silica and room-temperature-curing silicone elastomers. A food application lab for products from the Wacker Biosolutions division is also scheduled. A total investment of €20 million has been earmarked for these expansion projects. Most of the funds will be used for technical measures to eliminate production bottlenecks and to expand capacity. One investment focus is on the Zhangjiagang site, where Wacker manufactures pyrogenic silica and several silicone products, including solid silicone rubber. By building a new production line, the company will be able to add several thousand metric tons of solid silicone rubber capacity in the future. At the Nanjing polymer site, process-engineering improvements for the manufacture of VAE dispersions will boost the annual production capacity by up to 30,000 metric tons. The announced expansion and debottlenecking measures are expected to be completed in the second half of 2018. “Greater China is one of our most important business regions. With annual sales of well over one billion Euro, it is Wacker’s largest single market and stands for one fourth of group sales,” said CEO Rudolf Staudigl, speaking to customers in Shanghai. The demand for silicones and polymer products in China has been growing steadily for years. However, due to high plant capacity utilization, additional volumes are almost impossible. “That is why we are now expanding capacities at our Chinese sites in Zhangjiagang and Nanjing. This will help us support our customers’ growth and strengthen our market position in the region long term,” said Staudigl. Paul Lindblad, president of Wacker Greater China, also announced an expansion of the company’s R&D facilities in Shanghai. Wacker already operates a technical center there. By year-end 2018, Shanghai will have additional silicone labs for the development of new products and applications in areas such as coatings, construction and consumer care. The expansion project also includes the R&D lab for room-temperature-curing silicone elastomers which develops adhesives and sealants for construction and industrial applications. A new application lab catering to the growing needs of the local food industry will also be built. “In recent years, Wacker has further strengthened its R&D cooperation with Chinese customers to develop sustainable products and solutions suitable for the Chinese market,” said Lindblad. Earlier this year, Wacker had already doubled its local synthesis capacity for polymer dispersions needed for research and development. “The expansion of our R&D facilities will boost our innovation capability in the region,” Lindblad emphasized. “Accordingly, our research and development staff will continue to grow by a double-digit percentage in the next few years.”
source : http://www.rubberworld.com
Fairlawn, OH - In a move to expand its services to the conveyor belt industry, Continental has acquired the Pinetown, South Africa company, Advanced Imaging Technologies (PTY) Ltd., which is known worldwide for x-ray and magnetic imaging-based systems used for early detection of damages in fabric and steel cord conveyor belting. “With this acquisition, we added technical sensing knowledge and R&D competence to strengthen our competence in the area of predictive maintenance,” said Hans-Jürgen Duensing, responsible for the ContiTech division on the Continental executive board. “At the same time, it is a strategic cornerstone to enlarge our service capabilities in industries such as mining.” Price of the purchase was not disclosed. Advanced Imaging Technologies (Pty.) Ltd. was founded in 2004 to provide scientific consulting services to South African industry and commerce, both in the private and public sectors. The company has specialized in developing innovative and cost-effective solutions to scientific and technical challenges experienced by large and small-scale industry and commerce. Continental, through its conveyor belt operations in Marysville, OH, has partnered with Advanced Imaging Technologies for many years on a multitude of projects. Conveyor belts keep the globalized cycle of mining and industry moving. “If a belt system experiences an extended downtime, the entire production chain often collapses, intensive maintenance and often repair work is required,” said Hannes Friederichsen, head of the Continental conveyor belt group. “Monitoring systems help our customers to detect damages early and thereby reduce downtimes and save maintenance costs.” Advanced Imaging Technologies (Pty.) Ltd. offers a wide variety of scientific and technical skills and expertise in the areas of image and signal processing, hardware and software development, advanced data analysis, x-ray imaging, embedded systems and system integration. “From the data obtained by the monitoring systems, our customers can benefit from innovative service offers,” said Friederichsen. “In the last years, AIT management and its dedicated and experienced seven-employee strong team did an excellent job. We are very pleased to welcome them to our family.” The technology developed by Advanced Imaging Technologies for the international bulk handling market uses innovative magnetic sensing technology which has been validated by extensive x-ray imaging measurements. It provides continuous online condition monitoring of steel cord-reinforced conveyor belting, and reduces the risk of belt failure by providing data that is used for timely planned maintenance, thus reducing costly downtime. This technology provides a high resolution, easy-to-interpret, magnetic image of damaged or broken steel cords for the verification of potential alarm conditions. At the same time, it gives operators real-time web interactive access to review the damage locations and their severity. In addition, the splice integrity and damage severity can be monitored over time so enabling a comparison with the historical data.
Akron, OH - Goodyear Tire & Rubber Company announced that it has completed the previously announced acquisition of Ventech Systems GmbH, a leader in automated tire inspection technology, from Grenzebach Maschinenbau GmbH to support its fleet services in Europe and other geographies of the world. Ventech Systems provides a fully-automated tire inspection system that quickly and easily checks tire pressure, tread depth and vehicle weight for buses, trucks, cars and other vehicles. The company, based in Dorsten, Germany, will be integrated into the Goodyear Proactive Solutions business in the Europe, Middle East and Africa region, where Goodyear’s Proactive Solutions program is currently available. Andre Weisz, managing director, Goodyear Proactive Solutions, has been named chief executive officer of Ventech Systems. Andreas Pietsch, Ventech Systems chief operating officer, will remain in that position. Last year, Goodyear launched Goodyear Proactive Solutions to provide a full suite of operations management solutions supporting fleet owners to improve safety, decrease fuel use, reduce their carbon footprint and support the digital transformation of their fleet. The acquisition strengthens Goodyear’s one stop value proposition towards fleets, including premium tires, advanced technology and mobile fleet solutions as well as a complete service package to allow them to optimize their total cost of ownership and efficiency.
Source : http://www.rubberworld.com
@ NORWAY AND THAI COMPANY TO BUILD RUBBER REFINERY FACTORY WITH KAREN PARTNER IN HPA-AN INDUSTRIAL ZONE (13/11/2017)13 Nov 2017
A Norwegian and a Thai company have joined with the Karen State Rubber Production Association to build a rubber refinery in the Hpa-an industrial zone.
U Wing Hlaing Oo, head of the Karen State Agricultural Department said that the Norwegian’s Nyor Company, the Thai Southland Company, and the Karen State Rubber Production Association plan to invest in and build the rubber refinery factory in early 2018.
U Win Hlaing Oo told Karen News that the development investment will boost the quality and price of rubber products and at the same time, provide job opportunities.
“It is an invitation for international investment in order to advance our rubber production” U Win Hlaing Oo said. “When we build a factory, and give a set price and quality to farmers, so there will be more income. There will be additional work opportunities such as collecting rubber sap, factory work, and rubber distribution. Laws set by the investment commission need to be followed precisely. At the state level, we will negotiate for the support we will need.”
U Win Hlaing Oo said that the factory will be built at the Hpa-An Industrial Zone 2, where international investment is allowed – the government has warned investors to follow state laws and traditions.
Saw Tin Maung Sein, vice-chairman of the Karen State Rubber Production Association explained to Karen News that building the factory will begin in January 2018.
“We have secured the land but we have not signed the contract with the government yet. We plan to study the factory in Thailand before we sign the contract with the government in November. We will finish construction on the factory within a year. We have already had official discussions with the State government officials.”
Saw Tin Maung said that the refinery factory will be built using technology from the Netherlands and because of the lack of value in low quality rubber, Rss3 and Rss2 rubber plates would be produced to increase the rubber quality and to stabilize the market. Saw Tin Maung added that low quality rubber will be bought at a good price, and the technology to make better rubber quality will be shared within the state.
The current rubber market has the price set at 610 kyat for 1 pound of thick rubber, and 830 kyat for refined rubber plate. According to September’s worldwide pricing, 1 ton of rubber will cost around 1,900 US dollars. A local rubber buying center stated that nationally, prices are 700 kyats for 1 pound of thick rubber, and 940 kyats for refined rubber.
Rubber farmer Saw A Zin, from Kyar In Seik Gyi village, told Karen News that he hopes things will get better for rubber farmers like him when the factory is up and running.
“If they can keep the quality and price, our farmers will receive a good price. Because there is only a small gap between thick rubber plate and refined rubber plate, thick rubber plates are mostly produced to get quick income. We don’t have the financial ability to make better quality rubber, to invest in a rubber grinder, acid, and storage.”
The state rubber association officials said that the rubber stock markets is established in Mawlamyain, Mon State. To control the rubber price and quality, respective government officials are setting rubber laws.
In Burma, there are 1.6 million acres of rubber trees, with 700,000 of them already being used for rubber sap. In Karen State, there are 170,000 acres of rubber trees, with 120,000 of them already producing sap. According to state rubber association’s statistics, 92 percent of the rubber produced is exported internationally.
Source : http://karennews.org
KUALA LUMPUR, Oct 31 (Bernama) -- International Tripartite Rubber Council (ITRC) collaboration has not been very successful in stabilising global natural rubber (NR) prices as two member countries, Thailand and Indonesia, failed to adhere to the programme set out.
Deputy Plantation Industries and Commodities Minister Datuk Datu Nasrun Datu Mansur said top rubber producing countries, Thailand, Indonesia and Malaysia who were also members of the ITRC, were suppose to comply with the Agreed Export Tonnage Scheme (AETS), aimed at stabilising natural rubber prices and develop sustainable production.
Nevertheless, he said other initiatives introduced by the ITRC managed to curb prices from eroding further and helped boost prices, at least in the short term.
"ITRC member countries currently account for about 67 per cent of the total NR produced in the world.
"Hence, initiatives introduced by the council have been able to influence NR prices to a certain extent only and not comprehensively," he said in reply to Datuk Hgeh Koo Ham (DAP-Beruas) who asked why the ITRC has not been able to stabilise NR prices at a satisfactory level.
Source : http://www.bernama.com
Rubber growers from the South plan to gather in the capital to pressure the military regime into propping up falling prices in all central rubber markets in the South, according to an informed source. They are mulling a protest at the Agriculture Ministry, the source added. At a recent meeting, rubber growers agreed the rubber price problem had reached a point where they have to do something. Prime Minister Prayut Chan-o-cha offered no relief, but said the government remains concerned about the agricultural sector as some crops, particularly rubber, still have falling prices.
"Dropping rubber prices are primarily because of market fundamentals," he said. "Many buying countries have reduced their purchases of natural rubber while global oil prices are still as low as US$50 per barrel". He said the government has been trying to increase domestic consumption for rubber, especially through campaigns calling for private tyre companies to raise their production.
Jatuporn Terachusong, president of the Yungthong rubber plantation fund cooperatives in Lan Saka district of Nakhon Si Thammarat, said rubber growers' incomes have slumped by more than half while the cost of living continues to rise. The bidding prices for rubber in the South's three major central rubber markets continued to drop Tuesday, said another source.
The price of unsmoked rubber sheets offered by the winning bidder at the central rubber market in Hat Yai district of Songkhla dropped by 52 satang to 44.38 baht per kilogramme Tuesday.
A similar price for unsmoked rubber sheets was offered by the bid winner at Surat Thani central rubber market, down 63 satang to 44.58 baht per kg. The price offered by the winning bidder at the Nakhon Si Thammart central rubber market was 63 satang per kg lower. Wuth Rakthong, a representative of Phuang Phromkhon cooperatives in Surat Thani's Khian Sa district, said all rubber growers' cooperatives i, which is expected to be attended by leaders of about 40 agricultural institutions nationwide.
Mr Wuth criticised the establishment of a fund by five giant companies to purchase rubber at the southern central rubber markets, saying the fund, which is aimed at helping improve rubber prices, is instead causing volatility in its prices.
He also lashed out at the Rubber Authority of Thailand (RAT) and the government, saying the RAT never paid sufficient attention to ensuring price stability for rubber, while the government's move to spend more than 2 billion baht to support cooperatives to build rubber processing houses has proved to be a waste of taxpayers' money.
In Nakhon Si Thammarat, Nantachat Chaihao, president of a network of rubber growers in Tha Sala district, said while the average cost of growing and producing rubber stands at 62 baht per kg, it now sells for only 45 baht to 46 baht per kg.
On Monday, Sunthon Rakrong, president of an association of rubber growers in the 16 southern provinces and secretary-general of the network of rubber growers of Thailand, posted on his Facebook harsh criticism of the five experts who represent rubber growers nationwide on the RAT's board.
Although they occupy one-third of the seats on the RAT's board, they have done nothing to help rubber growers especially at a time when prices are falling, Mr Sunthon said.
He said the performance of the five board members over the past two years has dismayed rubber growers across the country.
Source : https://www.bangkokpost.com
Nov 10 (Reuters) - Grade Prices Thai RSS3 (December) $1.63/kg Thai STR20 (December) $1.44/kg Thai 60-percent latex (bulk/December) $1,120/tonne Thai 60-percent latex (drum/December) $1,220/tonne Malaysia SMR20 (December) $1.41/kg Indonesia SIR20 (December) NA Thai USS3 43.12 baht/kg NOTE: The prices quoted above are offer prices collected from traders in Thailand, Indonesia and Malaysia. They are not official prices quoted by state-run rubber agencies in those countries. (Reporting by Sumita Layek in Bengaluru)
Source : https://timesofindia.indiatimes.com