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Versalis hand in hand with the reliance industry aimed at the Chinese rubber Market
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Versalis company recently announced that versalis versalis wholly owned subsidiary Pacific Trading Company (Shanghai) and India's Reliance Industries (Reliance Industries Ltd signed the agreement for sale of styrene butadiene rubber (SBR), pushes to the commercialization of the Reliance Industries, the new factory production of rubber.
Agreement for sale of the SBR follow the technology license agreement the two sides signed in 2011, when versalis companies seize Reliance Industries to expand the synthetic rubber market plan, for the latter in India hajrah new 14 million tons / year milk poly styrene butadiene rubber (ESBR) production device provides technology transfer.
Reliance Industries, the new production plant mainly produces tires with raw materials, some of which are distributed to china. Versalis company pointed out that China's automobile and tire industry rapid development, market potential, in order to maintain the leading position in the global rubber market, take positive technology licensing strategies is producing a synergistic effect and expand the market influence is one of effective measures. According to the understanding of Chinese rubber net, at present, versalis company has in Asia established two wholly owned subsidiary - Shanghai, China versalis Pacific Trading Company and Mumbai, India versalis Pacific Company, and with South Korea's Lotte chemical and oil Malaysia established a joint venture.
Versalis company said: "cooperation with the reliance industry, will continue to improve the company's technical strength and business value, strengthen our competitiveness in the Asian market".
This paper is from Shenzhen,, id=472?
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