Nocil (National Organic Chemicals Industries) Ltd, a manufacturer of rubber chemicals, has commissioned its Gujarat facility to produce rubber chemicals for tyre and industrial use, boosting capacity amid rising domestic and global demand. The plant, located within the Dahej Petroleum,…
Tag: $1.50 per kg floor price set by Indonesian Rubber Group Malaysia supports!
$1.50 per kg floor price set by Indonesian Rubber Group, Malaysia supports!
As the world’s second largest producer of rubber, Indonesia’s main rubber group has aimed to fix floor prices at $1.50 per kg (RM 4.90). The groups’ intention for setting the price at $1.50 is due to plummeting global prices that…