Author: admin

Magna Tyres to unveil tire at ConExpo

Magna Tyres Group will launch its Magna M-Straddle tire in the U.S. during ConExpo, March 4-8, in Las Vegas. The M-Straddle, available in size 16.00R25, is a radial designed for use on straddle carriers in demanding port and terminal conditions,…

Rubber prices end lower

Malaysian rubber prices closed lower for the fourth consecutive day this week with buyers sidelined due to a lack of fresh leads, a dealer said. She said the downtrend was also in tandem with the Singapore Exchange (SGX) and Shanghai…

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…