International News

Tread Rubber makers in Kerala, India seek changes in GST

The Annual General Body Meeting of All Kerala Tread Rubber Manufacturers’ Association, representing over 100 tread rubber producers, held on December 5, 2017, at Angamaly, Kerala, discussed the practical difficulties in running tread rubber business in the State in the context of Demonetisation and implementation of the GST which have impacted the sector most negatively. The association also demands composition scheme for the units under the GST regime. Under the scheme, turnover of all businesses (up to Rs 15 million) with same PAN has to be added up to calculate turnover for the purpose of composition scheme.
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Hainan Rubber targets natural rubber projects in Africa

HAIKOU, China — Hainan Rubber Group signed a memorandum Dec. 11 to set up an investment vehicle to develop projects in natural rubber and other related sectors in Africa.
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Will plastics cede to paper in the sustainable packaging market?

Plastic might just have to cry “Uncle” and cede to paper when it comes to the sustainable packaging market. Now, before all you plastics people get your hackles up, there are several reasons I say this.
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GE reverses decision; will keep Rochester manufacturing plant open

General Electric has reversed a decision to move 90 manufacturing jobs out of Rochester, the company announced Tuesday.
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