You are here: / Thailand

Posts

Cuts In Rubber Output Planned

Indonesia and Thailand have threatened to cut rubber production. Indonesia and Thailand are planning an immediate 10 per cent cut in production in a plan to push prices up by as much as 30 per cent. Malaysia is expected to follow suite. If the cuts are effective it could result in 20 per cent price rises in the retail prices of tyres. In order to sustain the cuts, Indonesia and Thailand are proposing to convert rubber plantations into alleged cash crops such as cocoa and coffee. It is expected that the main beneficiary of this move would be Russia, the main producer of synthetic rubber.

Read more

Related news:

  1. Forecast Predicts Chinese Rubber Growth
  2. GfK to Analyse Key Asian Tyre Markets
  3. Conti to Raise Prices in Asia
  4. Yokohama to Build JV Rubber Processing Factory in Thailand
/by

Concern Over Asian Auto Sales – Report

A recent report from autopolis, the organisation offering strategic advice on the world’s auto industry, expresses some concern about future vehicle sales in Asia. It forecasts reduced sales in markets other than China for this year and next, picking up in 2003. Long term, says autopolis’s Graeme Maxton, Asia’s auto sales will grow by nearly five million units over the next ten years.

Read more

Related news:

  1. Automechanika Asia ‘A Success’
  2. Natural Rubber Prices Ease
  3. Automechanika Returns to Malaysia in March
  4. Deestone: A Successful Entry into Radial Production
/by

Rubber Prices Down In The Dumps

The price of rubber, at US$0.54, is the lowest for 30 years. Tyre producers, who buy two-thirds of rubber production, are being very cautious in view of the falling demand for cars in the large industrial countries. Thailand, Indonesia and Malaysia want to keep prices high through a cartel but to date have not been very successful. Competitors Vietnam and Cambodia are increasing production, which has kept prices low. The rubber producers are pinning their hopes on China which – if it joins the World Trade Organisation – will import more rubber.

Read more

Related news:

  1. Forecast Predicts Chinese Rubber Growth
  2. Falling Prices a Focus at Rubber Organisation Meeting
  3. Conti to Raise Prices in Asia
  4. Thailand to implement rubber price guarantees
/by

Rubber Producers Plan To Cut Output

Thailand, Indonesia and Malaysia – the world’s three biggest rubber producers – have agreed to cut natural rubber production by 4 per cent next year in an attempt to increase prices. However, traders are sceptical of the chances of success, saying that many rubber producers are small, private businesses which would be difficult to control.

Read more

Related news:

  1. Rubber Triumvirate Creaking
  2. Forecast Predicts Chinese Rubber Growth
  3. Chinese Market Favours Malaysian NR
  4. Falling Prices a Focus at Rubber Organisation Meeting
/by

Two Times Degussa-Huels

Degussa-Huels is a leading supplier for the tyre industry. In Poland the company has just acquired Nafta Polska, a producer of carbon black. In Thailand Degussa-Huels has purchased a 70 per cent share of Oriental Silica, a producer of ingredients for the so called “green tyre”.

Read more

Related news:

  1. BioTRED For Ford Fiesta
  2. Chronos Richardson to Exhibit at Tire Technology Expo 2005
  3. Degussa To Expand Carbon Black Capacity In Brazil
  4. Bridgestone Building Carbon Black Plant in Mexico
/by

Thailand Investment By Michelin

Michelin and its local joint-venture partner Siam Cement has announced an investment of THB 3,82 billion in their Laem Chabang production plant near Bangkok. The development will double the capacity to 6.12 million passenger and light truck tyres a year. Michelin Siam also operate an additional two plants in Thailand providing production of truck, earthmover and motorcycle tyres.

Read more

Related news:

  1. Natural Rubber Prices Ease
  2. 100 Jobs to Go From Michelin Canada Plant
  3. Deestone: A Successful Entry into Radial Production
  4. Michelin targets fast-growing markets with Energy XM2
/by

No Fixed Price For Rubber

The top three natural rubber producers, Thailand, Malaysia and Indonesia, want to set a minimum price for rubber on the world market and to limit supply. However, despite meeting twice in the past month, the three countries are unable to agree how these objectives might be achieved.

Read more

Related news:

  1. Rubber Producers Plan To Cut Output
  2. Rubber Triumvirate Creaking
  3. Rubber Price Reaches 22-year High
  4. Thai Port Strike Hits Rubber Shipments
/by

Control Of Thailand Joint Venture For Michelin

The Siam cement Group is to reduce its shareholding in the Michelin Siam Group from 50 per cent to 40 in order to concentrate on its core business. The shares will be purchased by Michelin, the other partner in the joint venture, giving it a 60 per cent stake. Michelin Siam has three factories in Thailand, plus a tyre mould making plant and a steel cord factory. The company makes Michelin brand tyres for vehicles from motorcycles to aircraft.

Read more

Related news:

  1. Michelin to invest in Romania
  2. Kanwar’s ATL stake down by 6.54 per cent
  3. Tyre Industry Industrial Unrest in Thailand Reported
  4. Michelin Sells Part of its Apollo Shareholding
/by

Third Tyre Factory For Bridgestone In Thailand

Bridgestone has announced that it will build its third tyre factory in the Chonburi province, in the southeast of Thailand. They will produce radial truck tyres, about 90 per cent of which will be exported to European countries and to the USA. The plant will create about 1,000 jobs.

Read more

Related news:

  1. Michelin Cuts Jobs In France
  2. Firestone Truck Tyres Found To Be Okay
  3. Slovakia could become auto hub
  4. Toyo Chooses Bartow County
/by

We see you are visiting us from China.

If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.