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Local rubber farmers sign processing deal with manufacturing company

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The deal between farmers and a manufacturing firm, which will pave the way for the local processing of rubber, has been signed, a top agriculture official said.

In a statement, Agriculture Secretary Emmanuel Piol said the country’s rubber farmers will start producing and marketing motorcycle and small tractor tires by February next year, a major leap from their status of being just raw materials producers.

This, as officials of the Philippine Rubber Farmers Cooperative already signed a processing and marketing agreement with Valenzuela City-based Leo Tire Manufacturing Corp. (LTM).

 

See full article at Manila Bulletin

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