The global butyl rubber market is expected to grow at a CAGR of 4.7%, from 2017-2025, and reach a market valuation of over US$4 billion by the end of 2025, according to a report by Persistence Market Research.
Junz Wong, the new Agriculture and Food Industries Minister of Sabah state in Malaysia, appointed recently as a result of Malaysia’s latest elections, plans to develop the tyre industry in the East Malaysian state. This move is to help rubber smallholders and generate new job opportunities in the state.
SYDNEY (Reuters) - The dollar hovered near four-month highs on Tuesday on renewed optimism about global growth as the United States and China agreed to drop their tariff threats, while oil stayed at multi-year peaks over potential sanctions in Venezuela.
NEW YORK (Reuters) - U.S. crude hit its highest level since 2014 on Monday amid rising concerns that Venezuela’s oil output could fall further following the country’s presidential election and potential sanctions on the OPEC-member nation.
BEIJING (Reuters) - Chinese state media on Monday praised a significant dialing back of trade tension with the United States, saying China had stood its ground and the two countries had huge potential for win-win business cooperation.