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Chinese contingent view potential Thai rubber sources

 

(Linglong Group president Wang Xicheng (2nd from right) inspects the first tyre produced at the Thai factory the company opened in February 2014)

A group of “leading rubber processors from China” are set to visit Thailand, Indonesia and Myanmar to survey sites to establish rubber plants in the next week or so. Thailand’s The Nation reports that about 10 rubber processors from Shandong province and representatives from the China Council for the Promotion of International Trade are scheduled to visit Indonesia, Myanmar (Burma) and Thailand between 19 and 25 November. The group reportedly consists of around 50 representatives from both companies and government agencies. It will reach Thailand on 23 November where it will stay for two to three days with a view to considering “opportunities to invest in the South and Northeast, the country's major rubber tree growing areas”.

Tyre Press