KUALA LUMPUR (Oct 5): Kossan Rubber Industries Bhd is tying up with the Malaysian Rubber Board (MRB) to develop rubber products for civil engineering and construction for commercial evaluation. In a Bursa Malaysia filing today, Kossan said its subsidiary Doshin Rubber Products (M) Sdn Bhd has inked a collaboration agreement with MRB on Sept 27 to effect the partnership. The tie-up will also develop formulation and mixing techniques for the civil engineering and construction of the rubber products and identify potential companies for the commercial evaluation of those products. Under the three-year agreement, the parties also agree to enter into a separate agreement for the commercialisation of rubber products or technology from this collaboration. MRB's task will be to plan and conduct research on the use of specialty rubber for civil engineering and construction rubber products and other related research fields.

Source: The Edge Markets October 05, 2016 13:07 UTC