The 96-press facility will be known as Amsted Seals Ningbo
Purchase to strengthen GRI's presence in industrial tire segment
Michigan-based Tritec Seal supplies products to a variety of end-markets
Annual capacity will reach 600,000 units when phase one is completed and ramp up to 1.2 million units after phase two
US company manufactures additive powdered blends for the rubber, plastics, adhesives, coatings and composites industries.
Government reportedly approves 20-year plan to cut down rubber plantations by 21%
Outsole made of sustainably sourced natural rubber
A “lightweight, compact, highly flexible drop-in replacement” for conventional spiral hoses
Cuts aimed at maintaining "positive momentum" in market.