By Liz White, ERJ staff
Tokyo-Asahi Kasei Chemicals Corp. has licensed its synthetic rubber production technology to China Petroleum & Chemical Corp. (Sinopec).
Sinopec will use the technology to build a 100 kilotonnes per annum SR plant in the Shanghai Chemical Industry Park, scheduled for start-up in 2006.
Asahi Kasei described the agreement as â€œa milestone in a developing and growing relationship between the two companies,â€ and said they will â€œcontinue to explore further opportunities for commercial collaboration.â€
The Japanese firm said its SR production…