Cheng Shin signs four-year SBR, BR supply deal with Lanxess
ERJ staff report (DS)
Leverkusen, Germany -- Lanxess AG said it will supply rubber polymers to the Taiwanese tyre manufacturer Cheng Shin Rubber Ind. Co. Ltd. The two companies have signed a four-year deal which covers the supply of solution SBR and polybutadiene rubber to Cheng Shin's factories. Lanxess said it hopes to double its volumes shipped to Cheng Shin over that period.
Lanxess said Cheng Shin aims to spend US$ 300 million every year to expand its production facilities in China, Thailand and Vietnam.
Lanxess said no-one was available to comment on pricing arrangements, where the material would be supplied, or current volumes until next week.
This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.
Press release from Lanxess
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
- Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
- Unlimited access to ERJ articles online
- Daily email newsletter – the latest news direct to your inbox
- Access to the ERJ online archive