European Bank Interested in Rubber Replanting Investment in Indonesia

European Bank Interested in Rubber Replanting Investment in Indonesia

The Chairman of the Indonesian Rubber Council (Dekarindo) Aziz Pane revealed, there are banks from Europe who are interested in financing replanting or rejuvenation on rubber plantations so that replanting is expected to be done immediately to encourage the domestic rubber industry. Because, in Indonesia the ratio of latex production in 1 hectare (ha) only gets 1 ton of latex, whereas in Vietnam and Thailand in 1 hectare it is...
30% of Rubber Plantations Must Be Replanted

30% of Rubber Plantations Must Be Replanted

The Indonesian Rubber Council (Dekarindo) states that around 600,000-900,000 hectares or 20-30% of the total rubber plantations in Indonesia must be replanted because they are already old. At present, Indonesia's total rubber plantations reach 3 million ha. Replanting is needed to maintain national natural rubber production above 3 million tons annually. Dekarindo Chairman Aziz Pane said, the rejuvenation of the rubber plant had been initiated by the government in 2017...