UPDATE Skellerup scotches $7.3 mln claim in rubber ring dispute

UPDATE Skellerup scotches $7.3 mln claim in rubber ring dispute
By Paul McBeth July 29 (BusinessDesk) - Skellerup, the industrial rubber goods manufacturer, has rubbished a $7.3 million claim by PVC pipe maker Marley New Zealand, saying the value of the rubber rings supplied was about a tenth of that figure. The Auckland-based company will defend itself against “unsubstantiated claims” by Marley, relating to rubber rings supplied to order for an irrigation system, it said in a statement. Skellerup said the value of the rings supplied during the period of the claim was less than $750,000. Marley claims...