ERJ staff report (DS)
Zhangjiagang City, China - Sino Legend (Zhangjiagang) Chemical Co., Ltd., the largest Asian manufacturer of resins for the tyre and rubber industries, has begun showcasing its state-of-the-art production facility as it looks to establish a greater presence in North American and European markets.
The company estimates its has 10 percent of the global market for phenolic resins used as trackifiers, and growing fast. It said it now supplies eight of the top ten multinational tyre companies operating in Asia, as well as to the majority of China's domestic manufacturers.
Just four years after beginning production, Sino Legend now holds 70 percent of the Chinese market and 30 percent share for the rest of Asia. It recently announced plans to expand into North America and Europe during 2012.
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Press release from Sino Legend