WASHINGTON July 6, the reporter was informed from the China Oriental Rubber, Toyo rubber has been completed in Shandong Silverstone Luhe Rubber Company to acquire, and July 5, Toyo Rubber announced that the U.S. peak with Wuxi Rubber Company signed a cooperation agreement. In addition, Toyo rubber plant in Zhangjiagang, Jiangsu's new build will also be expected to be completed by the end of production, a series of joint ventures, mergers and acquisitions and plant matter in China, showing its inroads into the Chinese market pace.
According to Toyo Rubber China Office staff, has completed a tire factory in Shandong Zhucheng 75% of the shares acquired, the factory will be used for the production of large truck and bus tires, and new plant in Zhangjiagang, Jiangsu, the fastest will be completed by December , Zhangjiagang factory is mainly used for passenger car tire production.
Japan announced a joint venture partnership with the United States peaks company, which produces air springs, anti-vibration rubber parts for the train. The plant is expected to put into operation the second half of 2012.
It is understood that Japan imports of rubber at present only be sold in China, its passenger car tires.
