Rubber latex factory to be opened in October in Palaw Township

A rubber latex purifying factory will be launched at the end of October in Boat Chaung village, Palaw Township, Meyik District, Taninthayi Region, it is learnt.

The factory is currently experimentally operational with the assistance of foreign experts and local staff. Over US$5million has been invested in this venture, the first rubber latex purifying factory in Taninthayi Region. The factory will eventually produce purified rubber latex and RSS-1 rubber sheets.

Myanmar’s ethnic- owned Vantage Company Limited and Thai Tex Company jointly established this factory,which is expected to produce 500 tonnes of finished rubber products per month if there are sufficient raw materials, said U Maung Myint, a rubber businessman.

Vantage Company Limited has operated rubber plantations in Boat Chaung village since 1996. The company exports RSS-1 rubber to the domestic market and began exporting to foreign markets in 2013.

The purified rubber manufactured from this factory is expected to be of high quality and to command the prevailing world market price. In addition to various gloves used in industry, laboratories and operation rooms, the factory will also produce car tyres.

Source: Global New Light of Myanmar

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