Global Natural Rubber & Latex Distributor Home Page About Us Contact Us
Products Additional Info about Rubber industry Rubber Industry News Contact Us
News Index
RSS Feed

 Double the rubber to make Mardec world’s No 1

SEREMBAN: The Malaysian Rubber Development Corporation (Mardec) expects to double its annual latex production to 400,000 metric tonnes by 2010, said its chairman Datuk Syed Abdul Jabbar Shahabudin.

With this, Mardec, which has operations in Indonesia, Thailand, India and Vietnam -- the world's top rubber producers -- would become the largest rubber processing conglomerate in the world.

Its expects to produce 210,000 metric tonnes of latex this year.

"This year alone, Mardec had increased its interest in several ventures based in these four countries. We are expanding our operations locally as well as abroad," Syed Abdul Jabbar said at Mardec's Quality Convention 2007 here on Monday.

He said Mardec had also entered into several joint ventures in these countries in its efforts to consolidate its position as the world's biggest rubber processing entity.

"We have among others, set up a joint venture company in Way Kanan in Riau Indonesia and gained full control of Mardec Saigon Rubber in Vietnam," he said.

However, he admitted that new methods would need to be devised to increase natural rubber consumption if Mardec was to achieve its objectives.

"We need to be more creative and find new ways to increase demand for the commodity. We can no longer rely on old techniques and strategies to increase rubber consumption," he said.