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Spot rubber breaches the ₹170/kg mark
Kottayam |
Updated on
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Spot rubber continued the bull run despite a weak closing in overseas markets on Tuesday. The commodity managed to break above the much awaited 170 level on fresh buying and short covering during late trading hours. “It was important for the market to sustain above the Minimum Support Price to move towards a new high,” an observer told
BusinessLine.
RSS 4 improved to ₹171 (170) per kg, according to traders and the Rubber Board. The grade was quoted firm at ₹166 (165) by dealers.
In futures, the March delivery was up 0.75% from Monday’s settlement price to close at ₹172.30 a kg on the Multi Commodity Exchange (MCX).
Print
WASHINGTON The U.S. Department of Transportation (DOT) issued 13 new tire plant identification codes in the past year for tire factories worldwide, including six in China and two perhaps in error to retreaders.
These additions expand the list of tire plant IDs to 1,088, although 85 of these are assigned to factories that are closed/no longer exist and 25 to facilities that don t make tires.
There also are at least 50 to 60 factories worldwide with two or more distinct original two-place codes, leaving roughly 900 factories worldwide that are considered active.
The 13 codes issued was down from 22 issued in 2019.
Among the new codes are ones for factories in Malaysia, Thailand and Vietnam opened by Chinese tire makers Maxtrek Tyre Manufacturing Malaysia Sdn. Bhd.; Prinx Chengshan Tire (Thailand) Co. Ltd. and Advance Tyre (Vietnam) Co. Ltd. as well as for Pyramids Tires, a new venture that started operations in late 2020 in Port Said, Egypt.
CUSAT find ways to recycle used medical masks as engineering products
February 10, 2021
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Plastic fibres separated from the used medical face masks could be blended with rubber to make polymer compounds and manufacture engineering products. Disposal of face masks in these pandemic times has turned out to be a challenge for many. The researchers at Cochin University of Science and Technology (CUSAT) have developed an innovative method to recycle these used medical face masks as engineering products.
Prasanth Raghavan and P. M. Sabura Begum faculties at CUSAT, who jointly guided the research, said that the plastic fibres separated from the used medical face masks collected from various sources could be chopped and blended with rubber to make polymer blends with high tensile strength, impact strength and thermal properties. This can be used to manufacture high-performance engineering products such as car bumpers, dashboards, fighter jets and submarines as protective shielding
RSDC to offer vocational courses in rubber technology
December 22, 2020
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Ties up with colleges to offer Bachelor of Vocation and Masters of Vocation in rubber technology
Tofulfil the rising demand for rubber technology professionals in the country, Rubber Skill Development Council (RSDC), the sector skill council for rubber in the country, is collaborating with a clutch of colleges in Kerala for the commencement of Bachelor of Vocation (BVoc) and Masters of Vocation (MVoc) in rubber technology.
Rubber is one of the emerging sectors of the economy. However, so far, there was a paucity of study programmes exclusively dedicated to rubber technology. “Introduction of these programmes will not only bridge the skill gap in the rubber sector, but also make the sector more competitive by making skilled manpower available in adequate numbers,” said Vinod Simon, Chairman, RSDC.