Dynasol to Form Rubber JV in China

Dynasol, a joint venture of Repsol and the Kuo Group (Mexico City), says it has signed an agreement with Chinese firm Shanxi Northern Xing’an Chemical Industry to jointly produce and market synthetic rubber in China. Dynasol and Xing’an will form a 50-50 joint venture company that will build a synthetic rubber manufacturing plant in Liaoning Province, which will have a production capacity of 100,000 m.t./year. Construction is expected to begin in 2011 and the plant is expected to become operational in 2013. The companies did not say which type of rubber would...

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