Firestone Liberia
Firestone Liberia is the largest rubber producer in the country and a significant player in Liberia’s economy, accounting for a substantial portion of the nation’s export proceeds. The company has recently made headlines due to its opposition to a new pricing order set by the Liberia National Rubber Pricing Committee, which mandates a higher buying price for rubber than what Firestone currently offers. Their management has expressed concerns over the sustainability of the new pricing model, citing the company's existing social responsibilities and the need for a pricing structure that considers the diverse operational conditions of all rubber processors in Liberia.
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Liberia:
Firestone Liberia announced the temporary suspension of its rubber purchases from farmers across the country in response to price hikes.
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