News

Cambodian Government Agrees In Principle to Risda Opening Rubber Estates

The Cambodian Government has agreed in principle with Rubber Industry Smallholders’ Development Authority (RISDA) to open 20,000 hectares of rubber estates in that country on a joint venture basis, its Chairman Tan Abdul Tamby said. The former Melka chief minister said the Federal Government through the ...

http://www.bernama.com/bernama/v7/ge/newsgeneral.php?id=930464

MRF looks at captive rubber plantation to cut raw material cost

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, ...

http://smartinvestor.business-standard.com/market/Compnews-130592-Compnewsdet-MRF_looks_at_captive_rubber_plantation_to_cut_raw_material_cost.htm

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