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Kuan Kam Hon’s synthetic gloves yield real profits

First Malaysia produced rubber. Then it produced rubber gloves. Now–as rising health care budgets, aging populations and higher hygienic standards around the world boost the medical industry’s demand for gloves–the country is proving the natural place to produce synthetic gloves.…

IFC accepts complaint over Ratanakkiri rubber plantations

The International Finance Corporation’s compliance ombudsman has officially accepted a complaint filed by ethnic minority families in Ratanakkiri province against the IFC for investing in rubber plantations accused of stealing land and clearing forests. In a letter sent to the…

AmResearch maintains Buy on Kossan Rubber

AmResearch is maintaining its Buy rating on Kossan Rubber Industries with an unchanged fair value of RM5.05 a share. It said on Thursday it continues to peg itsvaluation to a price-to-earnings (PE) of 17.5 times over its FY14F earnings. “Kossan…

Asahi Kasei intensifies petrochemical operations in Japan

Asahi Kasei Corp., Asahi Kasei Chemicals Corp., and Asahi Kasei E-materials Corp. have made a decision to strengthen their petrochemical operations in Japan as described below. Having identified acrylonitrile (AN) and solution-polymerized styrene-butadiene rubber (S-SBR) for fuel-efficient tires as world-leading…