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Kossan to open its first R&D centre in July 2017

KUALA LUMPUR: Glovemaker Kossan Rubber Industries Bhd will open the company’s first research and development (R&D) centre in July next year as part of a transformation plan.

KNM accepts letter of award for RM175mil contract

PETALING JAYA: KNM Group Bhd has accepted a letter of award to undertake the engineering, procurement, and construction of a treated distillate aromatic extract (TDAE) plant in Tanjung Langsat Port, Johor, for RM175mil.

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

KNM Group bags RM175m job to build plant in Johor

KUALA LUMPUR: KNM Group Bhd has secured a US$43mil (RM175mil) contract to build a plant at Tanjung Langsat Port, Johor to produce carcinogen-free (green) rubber process oils for synthetic rubber and tyre industries.

PetChem eyes growth in aroma ingredients business

KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) smells growth opportunities in the aroma ingredients business and is considering an expansion of its facility in Gebeng, Pahang.

PIPC long-term investors remain committed

PETALING JAYA: Pengerang Integrated Petroleum Complex (PIPC) long-term investors continue to be committed to the sustainability of the project as Asia’s petrochemical hub despite the current low-oil price environment.

PetChem cuts Rapid capex

PETALING JAYA: Petronas Chemicals Group Bhd (PetChem) has slashed its investment in the Refinery and Petrochemicals Integrated Development (Rapid) project by one-third over concerns on the future prospects of the synthetic rubber segment.

Thai govt seeks investors for Rubber City

It hopes projects will help boost rubber prices and triple local consumption

Thailand to woo US$10bil investments for Rubber City

PETALING JAYA: The Thai government is targeting some US$10bil worth of investments for the Rubber City development located in the Southern Region Industrial Estate of Hat Yai, 946 km south of Bangkok

Lanxess, Aramco form US$3.1bil venture to buoy rubber unit

LONDON: Lanxess AG and Saudi Arabian Oil Co said they will form a 2.75 billion-euro (US$3.1bil) venture to draw on the Middle East company’s access to raw materials and make a struggling synthetic-rubber division more competitive.