Midas Touch

Haycarb, the 68 percent owned subsidiary of the conglomerate Hayleys Group, plans to set up shop in Indonesia, while a surge in world gold prices swells its bottomline. Haycarb, the 68 percent owned subsidiary of the conglomerate Hayleys Group, plans to set up shop in Indonesia, while a surge in world gold prices swells its bottomline.

Haycarb, which makes and exports coconut shell charcoal
based activated carbon, presently commands a 60 percent world market share with
operations in Sri Lanka and Thailand.

 


Global demand for
activated carbon mainly comes from the gold recovery and the water
purification industries. Hayca

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