06 June 2012 17:03 [Source: ICIS news]
LONDON (ICIS)--Synthos has signed a deal with US tyre manufacturer Goodyear for licensed solution styrene butadiene rubber (S-SBR) production technology, the Polish synthetic rubber producer said on Wednesday.
Synthos, Europe's second-largest synthetic rubber producer, said the Goodyear technology will be used by a new zlotych (Zl) 260m ($73.9m, €59.4m) S-SBR plant with a 100,000 tonne/year capacity, and will be constructed in the Krakow special economic zone in southern Poland by 2015.
The facility, which will also be equipped to switch to polybutadiene rubber (PBR) production instead of S-SBR, according to the market outlook, would produce high fuel-efficiency tyres for both winter and summer driving, Synthos said.
“The aim is 'performance tyres' with improved properties in rolling resistance, wet grip and traction which reduce fuel consumption and improve safety and comfort,” the company said in a statement.
“The market for these tyres will grow at a higher rate than the market for conventional tyres to [comply with new energy conservation and other regulations issued by] developed countries including European Union member states,” it added.
In connection with the new S-SBR plant, Synthos said it also intended to spend tens of million of zlotych on building a company high-quality rubber research and development centre.
Key customers might partly finance this centre through a joint venture, it said.
($1 = €0.80)
($1 = Zl 3.52, €1 = Zl 4.38)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections