Well Vintage Rubber Pte Ltd.
Indonesia is currently the second largest producer of natural rubber in the world, after Thailand. In 2021, Indonesia produced approximately 3.12m tonnes with consistent output of just over 3m tonnes per annum since 2012. Rubber production is experiencing a strong rise in demand, particularly for SIR20 quality produced from Aceh province.
Well Vintage Rubber Pte Ltd. (WVR) was created to source sustainable cargo, develop the plantation and production line, and arrange for offtake, shipping and logistics. WVR is currently in the process of securing offtake agreements for 60,000 tonne of cargo.