GMG Global Halts Rubber Output in Ivory Coast as Borders Close
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GMG Global Ltd. of Singapore halted operations at its rubber plantation and production plant in Ivory Coast after the closure of the country’s borders by forces loyal to President-elect Alassane Ouattara, the company said.
The company, which owns a majority stake in Tropical Rubber Cote d’Ivoire, has been “unable to export its products, effective from the weekend, due to closure of the port in Abidjan,” said Chief Executive Officer Xian Ming in a statement published on the company’s website.