From Rubber & Plastics News
Hamburg, Germany-RCMA Commodities Asia Pte. Ltd. and Raiffeisen Centrobank AG are initiating formal discussions toward merging their natural rubber and natural rubber latex businesses, the two companies announced in a joint release.
The goal of the merger is â€œto create an efficient and sizable group worldwide to serve our customers and suppliers, both commercially and technically, on an even higher level,â€ the release stated. There was no word on a potential name for the merged business, but the release said both companies hope to complete the deal by 1 Jan.