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Thailand approves $218 million to guarantee rubber farmer prices

Thailand has approved 7.6 billion ($218 million USD) baht for the price guarantee for the 2022-2023 season and the program will cover around 1.6 million rubber farmers with a combined 18.2 million rai of rubber plantations.
Around 1.6 million registered rubber farmers will be able to sell raw rubber at a guaranteed price for the 2022-2023 season, after an assistance program was approved by the Thai Cabinet.

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Nokian Tyre awards renewable rubber made from birch bark residue

Nokian Tyres launched the FAST RACE, BIG CHANGE sustainable tire innovation challenge last year to find new solutions for more sustainable tires. The challenge was open for all businesses, students and researchers. Nokian Tyres received almost 50 applications from 18 different countries, and from them a team of Nokian Tyres experts chose four finalists. At the finals event held in Lapland this January, the jury awarded Reselo AB from Sweden with the winning place. Reselo’s innovative renewable rubber made from residue birch bark convinced the judges with its versatility and future potential.

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