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Business

Drought to boost CPO, rubber prices

THE prolonged drought in the region will have a positive impact on the prices of commodities like crude palm oil (CPO) and rubber, but production will be lower.

Business

More incentives in store for rubber players

Given its encouraging growth potential, the rubber products manufacturing industry can expect more in terms of government incentives and promotional activities abroad.

Business

Mardec set to raise natural rubber output next year

MARDEC Bhd will increase it annual production of natural rubber to 250,000 tonnes by next year in view of the rising trend in the commodity#8217;s price, group chief executive Datuk Dr Mahmood Abdul Kadir said.

Business

SPIB not hit by rising rubber price

SEAL Polymer Industries Bhd (SPIB), a manufacturer of premium quality examination gloves, is not really affected by the increasing price of natural rubber, said managing director Cheang Phoy Ken.

Business

Kossan finds buyers for new production capacity

KLANG-BASED Kossan Rubber Industries Bhd is gearing up for full production, including from its new glove lines; it is confident it has found buyers for the increased output.

Business

Titan investing more to boost capacity, product range

TITAN Petrochemicals and Polymers Bhd, which has invested a total of RM5.5bil in its petrochemical facilities in Johor to date, plans to spend a further US$70mil (RM266mil) in the next two to three years to increase capacity and product range.

Business

Latex Jewel shines brighter year by year

GROWING from strength to strength over the past 12 years, Top Glove Corp Bhd is fondly dubbed by analysts as the 'Latex Jewel' group purely for its solid foundation, as well as consistent revenue and earnings growth.

Nation

Tripartite Rubber Corp formed

Malaysia, Thailand and Indonesia have formally set up the Tripartite International Rubber Corporation after discussing the viability of establishing the consortium for over a year.

Business

Sime profit boosted by higher palm oil prices

SIME Darby Bhd reported yesterday an 11.3% higher pre-tax profit, helped mainly by a strong surge in palm oil products prices, which had boosted earnings from the group's plantation sector.

Business

Woes of rubber tappers go beyond minimum wage

The National Union of Plantation Workers (NUPW) has achieved one of its long cherished goals: to secure a minimum monthly pay for its members. But the woes of rubber tappers go beyond minimum wage, writes Wong Sulong.