Author: admin

Priest develops new high-yielding rubber

A priest in India has developed a new high-yielding rubber variety which provides double the yield. Father Thomas who hails from Cheenikkuzhi at Udumbannoor in Thodupuzha developed it after more than three decades of continuous experiment. This is great news…

Mudajaya clinches multi-million deal to build tower

Malaysian company Mudajaya Group Bhd has successfully snapped up a contract to build the 16-storey Hevea Tower in Sungai Buloh. The tower is expected to be the headquarter of the Malaysian Rubber Board. The amount of the contract is RM118.6…

MIDA wants more companies to set up R&D centres

The Malaysian Investment Development Authority (MIDA) is urging Malaysian companies to set up research and development (R&D) centres to produce high-value products, which in turn would lead to high-value investments. Chief Executive Officer, Datuk Azman Mahmud said, the centres would…

RISDA requests additional RM22 million for replanting project

The Rubber Industry Smallholders Development Authority (RISDA) is requesting an additional allocation of RM22 million from the government for a replanting project involving 3,400 hectares of land. Minister of Rural and Regional Development Datuk Seri Ismail Sabri Yaakob said the…

Indorama Ventures completes purchase of DuraFiber Technologies

Global chemical manufacturer Indorama Ventures Public Company Limited (IVL) has completed its purchase of DuraFiber Technologies México Operations, S. A. DE C. V. (Durafiber). Durafiber is a leading Mexican producer of durable technical textiles for industrial, tyre reinforcement, and specialty…

Wacker launches new representative office in Myanmar

Chemical company Wacker has extended its Southeast Asian presence by opening a new representative office in Yangon, Myanmar. The Munich-based company said the office will distribute products of the chemical business divisions Wacker Silicones, Wacker Polymers and Wacker Biosolutions to…