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The Stevenson Plan, also known as the Stevenson Restriction Scheme, was a scheme by the British government over the period 1922 to 1928 to restrict rubber supply in order to increase rubber prices. [ 1 ] [ 2 ] During World War I , there was a substantial increase in rubber supply due to high demand.
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The International Rubber Regulation Agreement was a 1934 accord between the United Kingdom, India, the Netherlands, France and Thailand that formed a cartel of major rubber producing nations to restrict global rubber production and maintain a stable, high price for natural rubber. [1] The agreement covered between 90–100% of world producers ...
Since the bulk is synthetic, which is derived from petroleum, the price of natural rubber is determined, to a large extent, by the prevailing global price of crude oil. [ 38 ] [ 39 ] Asia was the main source of natural rubber, accounting for about 90% of output in 2021. [ 40 ]
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Not just rubber for tires, but for all the polymers and plastics that create so much of what we depend on today, from the toothbrush you pick up in the morning to the light switch you turn off at ...
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BTR plc was a British multinational industrial conglomerate company. It was headquartered in London, England.. The company was originally founded in 1924 as the British Goodrich Rubber Co. Ltd as a subsidiary of the American rubber specialist B.F.Goodrich Company.