The rubber products industry, both tyre and non-tyre, is feeling the pinch of soaring prices of several forms of synthetic rubber prices even as it is grappling with a natural rubber shortage in the domestic market.
India is totally dependent on the import of several varieties of synthetic rubber (SR) l, the use of which has gone up in tyre and nontyre sectors.
“Certain forms of SR like solution SBR, chlorobutyl and bromobutyl are exclusively imported. The products have become ..
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