ERJ staff report (TB)
KOBE, Japan (Dec. 17, 2009) – Sumitomo Rubber Industries Ltd. (SRI) is establishing its own natural rubber (NR) plantation and NR processing plant in Thailand in a joint venture deal with a local company.
Sumitomo said it is taking this step to stabilize the quality and procurement of NR and alleviate possible risk due to fluctuating NR prices.
Establishing these joint ventures will help SRI speed up its reseach and development toward enhancing the performance of fossil-resource-free tires and high fuel-efficient tires.
SRI’s joint venture…