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Bridgestone reorganizes its rubber business in China

 Last Update: 2021-06-29
 Source: Internet
 Author: User

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Sinochem News Network News on June 15th, Bridgestone announced that it has decided to sell all the shares of Bridgestone (Huizhou) Synthetic Rubber Co.
, Ltd.
(BSRC), its subsidiary, which produces synthetic rubber for passenger car tires in China, to LCY Chemical Corporation (LCY Chemical Corporation)
.

The specific transaction amount has not been disclosed yet

It is reported that Bridgestone (Huizhou) Synthetic Rubber Co.
, Ltd.
is located in Huizhou City, Guangdong Province.
It mainly produces emulsion polystyrene butadiene rubber for passenger tire manufacturing.
It was put into operation in 2008 and the plant production capacity is 50,000 tons/year
.

In 2020, the company's sales will be 399 million yuan

Li Changrong Chemical Company is a company that operates materials and chemicals business on a global scale.
Its main business is styrene thermoplastic elastomers and functional plastics
.

After the transaction is completed, Li Changrong Group will also get involved in the synthetic rubber business

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