Rubber Asia - September - October 2017

In this issue

The introduction of Goods and Services Tax (GST) in India is a significant development for the rubber and auto industry in the country. Industry leaders have welcomes GST in the hope that it will bring in path-breaking changes. This issue of Rubber Asia discusses GST in detail. The other topic of prime importance in the issue is the slowdown in the Natural Rubber market across the globe. In an exclusive interaction with Rubber Asia, Salvatore Pinizzotto, Secretary General, IRSG says Natural Rubber market to be balanced in medium term.

NR Market To Be Balanced In Medium Term - Salvatore Pinizzotto, Secretary General, IRSG

Global natural rubber market is going through a dull patch of late with no signs of an imminent boom. Natural rubber, being both an agricultural crop and industrial raw material, its demand primarily relies on GDP and industrial production growth, and on supply side, certainly as agricultural commodity, it has a lot to do with planting investments that were committed 5-7 years ago and the weather-induced volatility that drives price actions, says Salvatore Pinnizzotto, Secretary General, International Rubber Study Group (IRSG). In an interview to Rubber Asia, Pinnizzotto touches upon the global NR scenario and sustainability issues in detail. According to him, NR market is likely to remain more or less balanced in the medium term. Excerpts:

6 mins

GST Is Beneficial To All Sectors Of Transport And Logistics - Satish Sharma President - APMEA - Apollo Tyres

The new GST regime will prove beneficial to all the sectors associated with transport and logistics, including the tyre industry. Apart from making the supply chain more efficient, the logistic industry would be able to better utilise their assets enabling them to offer better freight charges, says Satish Sharma, President, Asia Pacific, Middle East & Africa (APMEA), Apollo Tyres Ltd & Chairman, Automotive Tyre Manufacturers’ Association (ATMA).

1 min

Indian Tyre Industry Welcomes GST - Rajiv Budhraja, Director General, ATMA

The tyre industry has been supportive of all progressive laws aimed at promoting ease of doing business, bringing in transparency and operational efficiencies, and since GST is understood to achieve all these objectives, the domestic tyre industry largely welcomes it despite some minor discrepancies and skepticism regarding paperwork, says Rajiv Budhraja, Director General, Automotive Tyre Manufacturers Association (ATMA), in a brief interview to Rubber Asia. EXCERPTS:

2 mins

Tyre Safety Services Yet To Gain Priority

Tyre safety services are not so much of a priority for dealers and garages though ultimately it is the dealer’s responsibility to ensure that worn and dangerous tyres are replaced when found on inspection

2 mins

NR Market A Breather, No Turn Around

The present slight breather in global NR market is, of course, a welcome relief though it can in no way be considered as the beginning of a boom. All indications are that the market will be balanced in the medium term and price volatility may continue till the turn of the decade when prices are likely to surge thanks to healthy market fundamentals.

5 mins

Rubber Park, Kerala - A Success Story

It was way back in 2003, India’s first Rubber Park, located ideally in the country’s Rubber State of Kerala, started production. Today, the Park, fully occupied by 35 units, is functioning quite well under the patronage and support of Rubber Board, India, and the Kerala Industrial Infrastructure Development Corporation (KINFRA), the JV partners. The success of this pioneering venture was the motivating force behind the setting up of the country’s second Rubber Park in the Northeastern State of Tripura. A few more Rubber Parks are also in the pipeline.

4 mins

J J Murphy Research Centre: R&Tech Services At Its Best

J J Murphy Research Centre: R&Tech Services At Its Best

3 mins

Rubber Parks Are Doing Well - A Ajit Kumar IAS, Chairman, Rubber Board, India

Rubber Parks in Kerala and Tripura, a pioneering initiative by Rubber Board, India, to provide infrastructure facilities like power, water and transportation for the promotion of rubber and rubber wood-based products manufacturing industry, are doing well. Setting up more Rubber Parks in the country can be considered positively if respective State Governments take the initiative to make available suitable land and funds required for infrastructure development, says A Ajit Kumar IAS, Chairman, Rubber Board, India, in an interview

2 mins

First Rubber Park Is A Pioneering Success - J Krishnakumar Managing Director Rubber Park

India’s first Rubber Park at Irapuram, opened on an experimental basis in Kerala, the home of Indian rubber, has over the years proved to be a big success with all the units working fairly well. The Park has shown how viably can various types of rubber industry units operate under a common infrastructure. In an interview to Rubber Asia, the Park’s dynamic Managing Director J Krishnakumar speaks out on the success of the Park and the scope for setting up more such Parks in the State. Excerpts:

3 mins

Rubek Balloons Pvt Ltd India's Top Supplier Of Branded Balloons

With a capacity to produce 1.5 million balloons per day through automated process, Kerala-based Rubek Balloons Pvt Ltd is the largest manufacturer of toy balloons in India

2 mins

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Rubber Asia Magazine Description:

Rubber Asia, the flagship publication of Asian Business Media LLP (ABM), is Asia’s premier and largest selling Rubber Magazine covering the entire spectrum of the Rubber and Allied Industries such as Tyre, Rubber Components, Rubber Machinery, Rubber Chemicals, Synthetic Rubber, Reclaim Rubber, Rubber Trade, Carbon Black, Silica, besides Rubber Research, Rubber Technology, Rubber Expos & Conferences etc.

With a glorious legacy of over 31 years, Rubber Asia is the pioneering rubber magazine of Asia with readership spanning the major rubber producing and products manufacturing countries across the world such as the US, Europe, Australia, China, Japan, Taiwan, Thailand, Indonesia, Malaysia, Sri Lanka, Vietnam etc. We have Representative Offices all these important countries.