July 01, 2017

Breaking News

New rubber factories to be built in Mon State this year

The latex of the rubber tree is the main source of natural rubber.

WITH the aid of the Swiss Agency for Development and Corporation, new rubber factories will be developed in Mon State within this year, according to Mon State and Producers Association. Rubber Planters
To produce high-quality rubber products, the two factories are planned to be constructed in Paung and Kyaikmayaw townships. The Swiss agency pledged to provide both technical and financial assistance for the project.
“We plan to implement the pilot project during this year and cannot tell the target end date of the project,” said U Thet Oo, central executive member of the association.
Between 3,000 and 10,000 tonnes of rubber, especially RSS3 rubber, are set to be produced from the two new plants, with developers planning to build similar factories in other townships.
Plans are underway to invite rubber planters and manufacturers to invest in the project.
Roughly 90 per cent of rubber manufacturers in Myanmar are rubber planters who are still facing technological and financial challenges to produce high-quality products to penetrate global markets.
“The industry has some weaknesses. Currently, local planters continue to produce rubber using traditional methods,” said U Than Lwin, one of rubber planters in Inndagaw Township.
The vast majority of Myanmar’s rubber goes to China through cross-border trade stations, while other countries import a different class of rubber by sea. According to the Ministry of Commerce, Japan and India have made an offer to purchase Myanmar’s rubber.

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