Suppliers respond to increased rubber costs
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Global prices of chemical materials and rubber increase by around 35-40%, says supplier.
The prices of chemical materials and rubber worldwide have seen a continuous increase over the last six months to reach between us $1600 and $2800 per metric ton, according to Rubber World Industries (RWI).
The manufacturer of closed-cell rubber insulation in the Gulf and South-East Asia — and part of The Shaikhani Group — is aiming to maintain current prices by increasing production by 25% this year,
