Home THE DAILY EDGE Business GMG Global says Ivory Coast rubber shipments have resumed
GMG Global says Ivory Coast rubber shipments have resumed

Tags: Gmg Global

Written by Bloomberg   
Thursday, 06 January 2011 19:51
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GMG Global said shipments from its rubber plantation and processing plant in the Ivory Coast have resumed after delays last month caused by the West African nation’s political crisis.

The “shipment schedule for GMG is back on track and there are no further delays,” said Candy Fanya Chang, a spokeswoman for the Singapore-based company, in an e-mailed response to questions today.

GMG owns a majority stake in Tropical Rubber Cote d’Ivoire, a company that runs a 1,560-hectare (3,850-acre) plantation and a processing plant capable of producing 36,000 metric tons a year.

At least 173 people have died in unrest in Ivory Coast since the country’s Nov. 28 presidential run-off election left both candidates claiming victory.

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Last Updated on Thursday, 06 January 2011 19:52