Rubber

The Commerce Ministry's arm DGTR has initiated an anti-dumping probe into an import of a Chinese rubber, used mainly in the auto industry, following a complaint by a domestic manufacturer. The applicant has alleged that the dumping of - Halo Isobuten and Isoprene Rubber - is impacting the domestic industry. The applicant - Reliance Sibur Elastomers - has requested for the imposition of anti-dumping duty on the imports from China, the Directorate General of Trade Remedies (DGTR) said in a notification. "On the basis of the duly substantiated application filed by the domestic industry, and having satisfied itself, on the basis of the prima facie evidence submitted, substantiating dumping of the product under consideration from the subject countries, injury to the domestic industry and a causal link between such dumping and injury...the authority, hereby, initiates an investigation," it said. If it is established that the dumping has caused material injury to the domestic player, the

Farmers' groups brace to fight against impact on growers

Over 1.25 lakh hectares of rubber plantation have been completed in Northeast and West Bengal as part of a project by four leading tyre manufacturers of the country, an industry body said on Wednesday. As part of the project INROAD (Indian Natural Rubber Operations for Assisted Development), the Automotive Tyre Manufacturers' Association (ATMA) had planned to develop two lakh hectares of rubber plantation in Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and West Bengal at a cost of Rs 1,100 crore in five years. "In the first four years of the project, an area of 1,25,272 ha has been covered under new natural rubber (NR) plantations across 94 districts in North East and parts of West Bengal," a senior official of ATMA told PTI. This represents one of the highest NR plantations ever achieved in the country in a span of four years, he added. "During the last four years of the project, a record 5.3 crore planting material has been distributed. The project has

The company is collaborating with research institutions to develop innovative, bio-based materials for tyre production

This is because the government believes that the differential between local and international prices has been maintained

The government is not considering any cut in import duty on rubber as of now as the differential between the local and international prices is maintained, a senior official said on Monday. "We have a differential already maintained for the imports that we are getting vis-a-vis the local production. "If you see the local price vis-a-vis international price...so there has been a differential maintained on account of that import duty... So I do not think there is any rethink on reducing import duties as of now," Additional Secretary in the commerce ministry Amardeep Singh Bhatia told reporters here. He was replying to a question about the domestic user industry's demand to cut the duties and that of local producers against any duty reduction. Tyre makers are one of the major consumers of the commodity. Over 13 lakh rubber growers are there in the country. Kerala accounts for a major chunk of the production, which was 8.39 lakh tonne in 2022-23. Consumption during that fiscal was 13.5

The need for collective efforts to address issues of natural rubber-producing countries, such as mechanisation of the sector, increased labour costs and environmental problems, was discussed at a meeting here on Monday. Discussions on topics relevant to the sector, including the current global scenario post-COVID pandemic and the Russia-Ukraine war, were also held as part of the annual meeting of the Association of Natural Rubber Producing Countries (ANRPC), a statement said. India's Rubber Board chairman Sawar Dhanania inaugurated the meeting, the theme of which was 'Natural Rubber Industry: Challenges and Policy Options in the 21st Century'. Addressing the programme, Dhanania said the association should prioritise issues common for all and formulate appropriate policies. Mechanisation of the sector, promotion of sustainable agricultural practices, strengthening of the supply chain and value addition for rubber wood will ensure the existence of rubber farmers everywhere, he ...

Officials in the agriculture department said rabi crops had been sown in 1.936 million hectares, which is more than the target of 1.925 million hectares

Director General of the department Madawa Kulasuriya told the media on Saturday that this was a slight drop from 2021 revenue, which was $1 billion

India aims to implement quality control measures for the light engineering, rubber, cement and concrete building materials industry by next year, a government source said

Apcotex hit a record high of Rs 640.30 and rallied 10 per cent on the BSE.

An application has been filed by Reliance Industries Ltd alleging increased imports of 'Polybutadiene Rubber' from Korea causing serious harm to the domestic producer

Kerala produces more than 80 per cent of the total natural rubber in the country

Although Kerala has been a top rubber grower in India, the plant was first introduced in the Northeast by the regional forest department in the 1960s

Industry seeks a separate export promotion council to address trade issues

Consumption dropped to around 83,000 tonnes in February

The United Planters' Association of Southern India (Upasi) say there should be no reduction in the import duty on natural rubber (NR), currently 25 per cent.Vinod Sivappa, president, says "any such move will be detrimental to the interest of 1.2 million growers dependent on this agro industry and tantamount to fixing the final nail in the coffin".Tyre manufactuers, the major consumer of NR, are asking for reduction in the duty.Upasi says the duty is already too low, having been wrongly fixed. "Be that as it may, there is no reason whatsoever to reduce the duty, especially given the surge in NR import in the past few years, with each year reporting new highs," said Sivappa. Import of NR in 2008-09 was 77,762 tonnes. In 2015-16, it was 458,374 tonnes. In the first nine months of the current financial year, it was higher ober the same period a year before by 134,000 tonnes. Tyre makers notes the Rubber Board's production estimate for 2017-18 is 720,000 tonnes vis-vis consumption at 1.06

Chinese rubber equipment manufacturers are looking at setting up processing facilities in India

The pilot plant will allow for more efficient use of Trinseo's production facilities and help speed up innovation in the performance tyres market

Imports from South Korea, Russia, South Africa, Iran and Singapore under radar