MALAYSIA: Kossan partners with MRB to produce rubber products

Kossan Rubber Industries Bhd’s unit, Doshin Rubber Products (M) Sdn Bhd, has partnered with the Malaysian Rubber Board (MRB) to develop rubber products for the civil engineering and construction industries.

In a filing with Bursa Malaysia (stock holding company), Kossan said a collaboration agreement between both parties was inked on 27 Sept 2016 for a term of three years.

The group said, under the agreement, both parties would identify potential companies for the commercial evaluation of rubber products for civil engineering and construction.

Both parties also entered into a separate commercialisation agreement to market the rubber products or technologies arising from the collaboration, Kossan added.

Source: Daily “The Star”, Kuala Lumpur; 5 Oct 2016

(Syed Rashid Ali, Karachi, Pakistan)