Polish company takes over Qingdao Meteor Rubber & Plastics

London – Polish manufacturer Sanok Rubber Company has signed a deal to become the sole shareholder of China’s Qingdao Meteor Rubber & Plastics. The shares were acquired from the US-Chinese SIDA Corporation, reports local business news site Wnp.pl.

The Polish manufacturer says it specialises in making a wide range of rubber and plastic parts, including rubber/TPE sealing systems, according to data from the firm. Until November 2015, Sanok Rubber Company operated under the name of Stomil Sanok.

Qingdao Meteor Rubber & Plastics is based in Jiaozhou City,…

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