12/16/2013

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THAILAND: Rubber City to kick off two years earlier than planned

Nattapon Nattasomboon, director-general of the Department of Industrial Works, said Prasert Boonchaisuk, the caretaker industry minister, wanted to see the zone open two years earlier than originally planned.

The zone is part of the ministry's policy to increase the utilisation of the nation's rubber resources and add value to rubber products.

Thailand produces 3.1 million tonnes of natural rubber per year, of which 500,000 tonnes is used in the industrial sector. The ministry wants to raise this proportion to 750,000 tonnes per year in 2014 before reaching a million tonnes in 2015.

Source: Daily "The Nation", Bangkok; 11 Dec 2013(Syed Rashid Ali, Karachi, Pakistan)

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