Plans for new rubber plant discussed in Thaton Township

Ministry of Industry and Thaton Township officials discussed plans to build a new rubber manufacturing plant in the Mon State, according to a report Myawady Daily newspaper. The plan for the No. 21 Heavy Industry Tyre and Rubber Factory – including the need for agricultural land leases, new manufacturing methods to produce good quality rubber […]

Thai rubber company’s new tree-to-tire strategy

Thailand’s largest and the world’s second largest rubber producer is placing a big bet. With global rubber prices on the decline, Sri Trang Agro-Industry is increasing its capacity. The goal is to raise capacity by nearly 10% at its domestic and overseas facilities, including a newly launched Myanmar factory. That is step 1 on the […]

Rubber price spike starts to erase losses

Rubber prices jumped last week in keeping with world prices and an improved exchange rate, but it is not enough to dig domestic producers out from mounting losses. International prices have plunged by as much as 75 percent from highs reached briefly in 2011, and local prices have kept pace. While there has been something […]