Tag: natural rubber

Michelin to purchase additional SIPH shareholding

16th October 2019 | 0 Comments

Michelin intends to acquire all shares in Société Internationale de Plantations d’Hévéas (SIPH) not already owned by itself or Ivory Coast-based company SIFCA. It is launching a public buyout offer on 7 November, offering 85 euros per share. This buyout offer is being made exclusively in France and will be followed by a squeeze out.

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Rubberway: Michelin & Continental team up for rubber supply chain JV

Rubberway: Michelin & Continental team up for rubber supply chain JV

12th September 2019 | 0 Comments

The natural rubber supply chain is very complex. It includes around six million farmers, 100,000 intermediaries and over 500 processing plants. To bring greater transparency to the supply chain, two ‘top-five’ tyre makers are now cooperating with a third party in a joint venture: Michelin and Continental, together with IT agricultural specialist Smag, have formed a company to further develop and deploy a technological solution for mapping sustainability practices. The client-facing portion of this technology is a smartphone app called Rubberway.

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IRSG and FTA collaborate

9th August 2019 | 0 Comments

The International Rubber Study Group (IRSG) and the Forests, Trees and Agroforestry research program of the CGIAR (FTA) led by the Center for International Forestry Research (CIFOR) have decided to collaborate on issues related to the sustainability of natural rubber production in order to support sustainable development of the natural rubber economy.

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IRSG and GPSNR sign MoU

IRSG and GPSNR sign MoU

7th August 2019 | 0 Comments

The International Rubber Study Group (IRSG) and the Global Platform for Sustainable Natural Rubber (GPSNR) have signed a memorandum of understanding (MoU) designed to detail and define efforts to increase cooperation between the two bodies.

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Michelin renews, expands its work with WWF France

Michelin renews, expands its work with WWF France

30th July 2019 | 0 Comments

The 2015-initiated collaboration between the Michelin Group and the French office of the World Wide Fund for Nature has been renewed for a further four years. The tyre maker will continue working with WWF France towards sustainability within the natural rubber market. In the coming four years, the partnership will further develop an existing pilot project in Indonesia and additionally open up the collaboration to include sustainable mobility and the protection of biodiversity.

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GRI joins IRSG

23rd July 2019 | 0 Comments

Sri-Lanka based speciality and industrial tyre manufacturer GRI has joined the International Rubber Studies Group (IRSG).

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India: From rubber growers to tyre makers

26th June 2019 | 0 Comments

Rubber growers in India’s Kerala state are guarding themselves against potential slumps in natural rubber prices by forming a producer company that will manufacture tyres for two- and three-wheel vehicles. The Integrated Rubber Farmer Producer Company Ltd (IRFPC) was registered last November. The Pala-based company is being financed in part by a share float open to rubber farmers, and is also being assisted by German NGO the Andreas Hermes Akademie.

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IRSG welcomes new Thai member

21st June 2019 | 0 Comments

The IRSG has welcomed a new member, the Plastics Institute of Thailand. The Plastics Institute of Thailand is the eighth specialised network institution under the foundation development industry, ministry of industry approved by a cabinet resolution on 16 November 2010. Its goals are: Technology and management development; increasing marketing capabilities; and creating a plastic industry database.

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Top natural rubber produces cutting exports by 240,000 tons

18th March 2019 | 0 Comments

On 6 March, the International Tripartite Rubber Council (ITRC) announced plans to reduce rubber exports by 240,000 tons for the next four months.

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IRSG: World rubber demand to rise 2.5% in 2019

22nd January 2019 | 0 Comments

Global demand for rubber is expected to rise about 2.5 per cent in 2019 to more than 30 million metric tonnes, according to the International Rubber Study Group (IRSG).

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China establishing rubber Free Trade Zone in Sri Lanka

21st January 2019 | 0 Comments

China has begun establishing a rubber Free Trade Zone (FTZ) in Sri Lanka. The arrangement will help promote the country’s rubber industry and boost sector earnings. In return, China is asking for long-term access to lands and tax concessions, according to various media reports.

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SRI publishes natural rubber policy

SRI publishes natural rubber policy

19th November 2018 | 0 Comments

As a founding member of the recently-launched Global Platform for Sustainable Natural Rubber (GPSNR), Sumitomo Rubber Industries, Ltd. has turned its attention to the human and environmental issues related to the growth, harvesting and use of natural rubber. Its position has now been set out in the company’s ‘Sustainable Natural Rubber Policy.’

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Continental publishes sustainable natural rubber policy

Continental publishes sustainable natural rubber policy

30th October 2018 | 0 Comments

Several Tire Industry Project members have published sustainable natural rubber procurement policies of late. Yokohama and Hankook published theirs this month, and so did Continental. The company says its Sustainable Natural Rubber Sourcing Policy will guide the Rubber Group in detecting risks to workers, communities, forests, biodiversity and agricultural land, such as deforestation, corruption and land grabbing, in the early stages.

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Global platform for sustainable natural rubber launched

Global platform for sustainable natural rubber launched

29th October 2018 | 0 Comments

Members of the Tire Industry Project (TIP) and other stakeholders came together on 25 October to celebrate the inauguration of a new platform for positively transforming the natural rubber supply chain. Following 12 months of stakeholder collaboration, the Global Platform for Sustainable Natural Rubber (GPSNR) has been launched with what is described as “an ambitious and wide-reaching set of priorities” for the natural rubber chain.

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Hankook Tire introduces policy for rubber supply chain sustainability

24th October 2018 | 0 Comments

Hankook Tire is the latest tyre maker to establish a policy setting out social responsibility within the natural rubber value chain. The policy aims to ensure each link in the natural rubber supply chain is economically, socially and environmentally sustainable.

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