LONDON—Corrie MacColl Ltd. is constructing a new a new latex and natural rubber facility in Cameroon that's expected to be completed during the third quarter of this year.
The London-based company said the new location at its Sudcam plantation will supply both the North American and European dipping and specialty products markets.
The project will take a total of 20 months to develop and represents an investment of $16 million. The facility will have annual production capacity of 45,000 metric tons.
The new location also will feature 100 kilowatts of solar power, and will be able to recycle 100 percent off its effluent water and rainwater harvesting. The location also will have its own wastewater treatment plant.
Corrie MacColl's Sudcam plantation in Meyomessala, Cameroon, will supply the new production facility. That site, established in 2008, has about 4.7 million trees planted.