The Association of Natural Rubber Producing Countries (ANRPC) revised its natural rubber production for 2020 to 12.597 million tonnes, a 9% fall from the previous year.
The Association said the revised outlook represents a downward revision by 304,000 tonnes or 2.2% from the outlook for 2020 which ANRPC had reported in September 2020.
In 2021, the world production is anticipated to recover by posting an 8.6% increase to 13.678 million tonnes. Even if it increases at the anticipated 8.6% rate, the output in 2021 will remain lower than that in 2019 (13.842 million tonnes) or 2018 (13. 839 million tonnes), added ANRPC.
The world production of NR fell by 8.5%, year-over-year, to 10.098 million tonnes during Jan-Oct 2020 and is expected a 10.8%, year-over-year, drop during Nov-Dec 2020.
The world consumption of NR fell by 8.6%, year-over-year, to 10.496 million tonnes during Jan-Oct 2020. Accounting an anticipated 1.2% increase during Nov-Dec, the likely world consumption during the full year 2020 is expected at 12.811 million tonnes by representing a 6.9% fall from the previous year. The revised outlook represents an upward revision by 200,000 tonnes or 1.5 percentage points compared to the outlook reported by ANRPC in September 2020. The outlook for 2020 as reported in September 2020 was 12.611 million tonnes at an 8.4% decline. In 2021, the world consumption is anticipated to make a recovery by increasing at a 4.9% rate to 13.436 million tonnes. Despite growing at the anticipated 4.9% rate, the consumption in 2021 will not reach the quantity consumed in 2019 (13.768 million tonnes) or 2018 (13.898 million tonnes).
The key global events and geopolitics had influenced NR prices, both in the futures and physical markets, during October and November. Sentiment in the market during the two months was influenced by the outbreak of the second wave of the COVID-19 pandemic especially in the U.S. and Europe, reported success in the development of the COVID-19 vaccines by global pharmaceutical majors, the outcome of the U.S. presidential election, depreciation of the U.S, the dollar against a basket of currencies, and developments in the crude oil sector.
Tokyo Zairyo Expands Indian Operations With New Chennai Branch Office
- By TT News
- March 26, 2026
Tokyo Zairyo Co., Ltd., a wholly owned subsidiary of Zeon Corporation, marked a significant milestone in November 2025 by establishing a new branch office in Chennai, Tamil Nadu, India. Following the completion of all necessary preparations, this location has now commenced full-scale operations. The move represents a deliberate effort to broaden the company’s commercial reach across the Indian market while simultaneously constructing an organizational structure capable of responding with greater agility to the evolving and increasingly diverse requirements of its customers.
This southern expansion comes approximately 15 years after the company first established its Indian subsidiary, Tokyo Zairyo (India) Pvt. Ltd., with an office in Gurugram, Haryana, in 2011. By positioning a second office in Chennai, the firm now operates a coordinated network spanning the northern and southern regions of the country. Close collaboration between the two locations is intended to strengthen information services and enhance user support, leveraging both internal capabilities and external partnerships to better serve Japanese automotive parts manufacturers and processors operating throughout India.
Through this dual-office structure, Tokyo Zairyo is poised to advance its core business of purchasing and selling a broad spectrum of materials, including rubber, resins and elastomers. The synchronised operations in Gurugram and Chennai enable the company to deliver more responsive support, ensuring that clients across the Indian automotive supply chain benefit from efficient service and a reliable supply of essential materials.
Kuraray Announces Price Hike For Liquid Rubber And ISOBAM
- By TT News
- March 24, 2026
Kuraray Co., Ltd. has announced a comprehensive global price adjustment for its portfolio of Liquid Rubber products and ISOBAM alkaline water-soluble polymer. These changes, which are set to take effect on 16 April 2026, will see prices rise by at least USD 2 per kg.
The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.
This strategic move is essential for the company to maintain operational stability and continue the supply of Liquid Rubber and ISOBAM amidst the volatile market conditions.
WACKER Announces Price Hike For Silicone-Based Products
- By TT News
- March 23, 2026
German chemical group WACKER has announced a price hike across its silicones product range, responding directly to significant upheavals in international commodity markets triggered by the recent military conflict in the Middle East. This geopolitical instability has created pronounced distortions throughout the supply chain, leading to a sharp escalation in the costs of essential inputs. The company is experiencing substantially higher prices for energy as well as for various other raw materials and logistics services.
To address this challenging economic landscape and offset the considerable burden of increased raw material and transportation expenses, the chemical group is implementing price adjustments effective 1 April 2026. The updated pricing will be communicated to the customers accordingly. This strategic move is essential for the company to maintain operational stability and continue delivering its products reliably amidst the volatile market conditions.
Enviro Signs LOI For Pyrolysis Technology Licensing In North America
- By TT News
- March 18, 2026
Scandinavian Enviro Systems AB publ has signed a letter of intent with an undisclosed partner to explore the possibility of licensing its advanced tyre pyrolysis technology for deployment in North America.
The collaboration will focus on conducting a comprehensive feasibility study to evaluate the technical and commercial viability of establishing one or multiple facilities dedicated to processing end-of-life tyres using Enviro’s proprietary method. This study is designed to provide the potential licensee with the necessary insights to assess the prospects of entering into a long-term commercial arrangement and formal technology licensing agreement.
It is important to note that any definitive agreements will depend entirely on the study's outcomes and subsequent negotiations. At this stage, there is no guarantee that the evaluation will lead to binding commitments or that the proposed transaction will ultimately materialise.
Fredrik Aaben, CEO, Scandinavian Enviro Systems, said, “We continue to see strong international interest in Enviro’s technology, and this letter of intent is yet another proof of this.”
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