Qingdao, Shandong – Chinese machinery maker Mesnac and natural rubber supplier Hainan Rubber have entered a three-year strategic partnership.
The two parties will join forces in R&D of rubber materials and products as well as smart manufacturing, according to a Mesnac statement 24 Feb.
The companies also plan to set up an industrial fund to invest in “related areas,” Mesnac added.
Under the partnership, Mesnac and Hainan Rubber will establish a national laboratory for natural and synthetic rubber and cooperate on the development of air springs.
Target applications include shock-absorbing…