US-based Vystar Corporation and the Indian Rubber Manufacturers Research Association (IRMRA) have signed a Memorandum of Understanding (MoU) for a wide range of collaborative activities, including but not limited to research, innovation, testing and technology transfer in midstream and downstream sectors of the rubber industry.…
Tag: vystar
Vystar Corporation signs LOI to merge with EcoGlove Asia Pacific Sdn Bhd
ATLANTA, GA – Vystar Corporation, the creator of Vytex Natural Rubber Latex (NRL), a patented, all-natural raw material that significantly reduces antigenic proteins found in natural rubber latex, has signed a Letter of Intent (LOI) to merge with EcoGlove Asia…
Vystar revenues, net loss increase, but EBITDA improves
ATLANTA -Vystar Corp. has posted a 43-percent rise in revenues and its net loss increased to $1.06 million in its first quarter of 2011, although the firm’s EBITDA showed a 6-percent improvement. The company’s sales rose 43 percent to $119,039…