The Sabah Rubber Industry Board (LIGS) today denied Warisan Sabah’s allegation that the raw rubber cess imposed on raw unprocessed rubber taken out of the state as why the rubber prices in Sabah has been low. It said in a…
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Malaysia sends delegation to Vietnam to strengthen bilateral cooperation
Malaysian Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong recently headed a delegation to Vietnam to strengthen bilateral relations between the two nations. The trip comes during a time when Vietnam is predicted to have significant growth in…
Giti Tire launches its first US plant; more than 1,700 jobs to be created
Tyre giant company Giti Tire Group recently unveiled its first US tyre factory. The new 1.7 million square-foot facility, located in Richburg, South Carolina, is expected to create 1,700 local jobs as part of Walmart’s commitment to purchase an additional…
ContiTech introduces durable rubber timing belt with innovative tension member technology
Rubber specialist ContiTech has developed a durable rubber timing belt with innovative tension member technology. It is called the Synchroforce Carbon and is one of the strongest rubber timing belts in the market. The Synchroforce Carbon is technology company ContiTech’s…
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…