Rubber

Natural rubber consumption in China, Cambodia’s largest rubber market, is expected to rise by 7.2 per cent in 2013 after growing by 4.5 per cent last year, according to the Singapore-based International Rubber Study Group (IRSG). Demand in North America was expected to grow 4.2 per ...

Cambodia recorded a 17 percent rise in rubber latex exports in 2012; however, the revenues from the exports went down by 21 percent due to declining rubber prices in the international market, the government’s statistics showed Friday. The country had exported 54,530 tons of rubber latex ...

A Vietnamese rubber company in Ratanakkiri province’s O’Yadaw district yesterday agreed to pay $4,000 in compensation to an ethnic Jarai community whose traditional graveyard was bulldozed by the firm last week, local officials said. During a meeting at the Paknhai commune police station, representatives of the ...

Ethnic Jarai villagers and a local rights worker yesterday discovered about 3,000 more logs that have been illegally cut by the Vietnamese owners of a rubber concession in Ratanakkiri province’s O’Yadaw district, according to rights group Adhoc. The logs were found stockpiled in dense forest inside ...

Forestry Administration officials and police yesterday discovered a stockpile of more than 1,000 logs that ethnic Jarai villagers in Ratanakkiri province’s O’Yadaw district claim have been illegally cut by the Vietnamese owners of a rubber concession, a district official said. The 4,000-hectare concession was granted to ...

A local investor has spent nearly US$5 million setting up a rubber-processing factory in Kampong Cham, a key province in the Kingdom’s rubber production for export rather than producing final products, an insider says. ...

Representatives of an ethnic Jarai community in Ratanakkiri province’s O’Yadaw district, along with local human rights group Adhoc, have called on two Vietnamese rubber companies to cease the clearing of forests on their ancestral land and exporting the logs to Vietnam. The companies, Day Dong Yoeun ...

Ethnic minority Kreung villagers filed a complaint against commune level authorities on Saturday for allegedly accepting money from a businessman to clear their ancestral land for a new rubber plantation in Ratanakkiri province, local NGOs and villagers said. ...

More than 250 ethnic Jarai families living in Ratanakkiri province’s O’Yadaw district filed a complaint with rights group Adhoc yesterday, after local officials demanded that the villagers apply for private land titles to protect their property from two Vietnamese rubber companies currently clearing their land, ...

Economic land concessions granted to a pair of Vietnamese companies in Ratanakkiri’s O’Yadav district were endangering the traditional lifestyles of as many as 200 ethnic-minority families, villagerstold the Post yesterday. As the companies actively cleared forest to make room for the eventual rubber plantations, the government ...

On the second day of his two-day visit to Ratanakkiri, Prime Minister Hun Sen on Friday cajoled indigenous minority members about their ready adoption of new technology amid the shift away from traditional ways of life, and extolled the benefits of rubber plantations over their ...

Cambodia’s rubber price is expected to fall further in coming years while government projects aimed at doubling rubber resin production will take effect by 2015, according to the latest figures from the Rubber General Department. Mak Kimhong, president of the Cambodia Rubber Association and owner of ...

Cambodian and Vietnamese Defense Ministries on Friday signed two documents relevant to a joint venture for establishing a quarry and a rubber plantation project in Cambodia. According to a document briefed to reporters at the signing ceremony, the two deals included a quarry site establishment in ...

Cambodia’s total rubber latex exports rose by 12 per cent in the first nine months of this year, according to new figures. However, revenues from the exports saw a dramatic 27 per cent decrease due to a fall in rubber prices in the international market, ...

Seven representatives of 415 families entangled in an unresolved land dispute with a deputy commander of the Royal Cambodian Armed Forces have received a second summons to appear in Battambang Provincial Court to clarify accusations that they had vandalized the commander’s property, “They not only ...

In an effort to reach a crowing number of customers in the agricultural sector Malaysia based CIMB bank Plc on Friday opened 4 new branches in Phnom Penh, Battambang and Kompong Cham cities. CIMB wants to provide loans to customers in the rice, ...

A Radio Free Asia (RFA) reporter in Ratanakkiri province will be questioned at the provincial court today in relation to claims that he incited villagers to commit crimes against a rubber company that they have been locked in a land dispute with since 2004. Lim Chanlyda, ...

Cambodia Monday reported a 12% rise in rubber latex exports in the first nine months of this year; however, revenues from the exports went down by 27% due to declining rubber prices in the international market. ...

About 80 ethnic Bunong villagers living in Mondolkiri’s Pech Chreada district staged a protest against the Socfin-KCD rubber company Monday, demanding that the firm honor its long-standing pledge to return 1,000 hectares of farmland located inside its concession. Socfin-KCD, a join venture between Socfin, a ...

The price of rubber jumped to $2,500 per tonne last week after months of the commodity steadily dropping, industry analysts reported. The jump of $100 a tonne, or 4.2 per cent, comes after the price for rubber dropped in June from above $3,000 per tonne, according ...

TOP Glove Corp Bhd became the first rubber glove maker to move upstream by acquiring its own rubber plantation land to ensure a consistent supply of latex At for the purchase price of RM22mil, it translates to RM715 per ha, which is also 35% cheaper than ...

Sri Lanka’s Touchwood Investments PLC has acquired 11,138 hectares of land in Cambodia to set up an agricultural project to plant rubber and other crops. Chairman of the firm, Roscoe A. Maloney, says the acquisition done in the previous financial year is aimed at exploring the ...

Natural rubber (NR) production in Association of Natural Rubber Producing Countries (ANRPC) this year is set to rise by 4.9% to 10.83 million tonnes from 10.33 million tonnes in 2011 The members of ANRPC are Thailand, Indonesia, Malaysia, Vietnam, Cambodia, India, China, Papua New Guinea, the ...

Tyre manufacturer MRF Ltd was looking at acquiring rubber estates to meet the company’s long-term raw material requirements and to bring down costs, a top official said. “We are scouting for acquisitions of estates abroad to meet long-term rubber needs,” said Koshy Varghese, executive vice-president, marketing, ...