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Article: ERJ newsbrief: Yokohama Rubber to set up seals plant in China.(Briefs)(Brief Article)
- Article from:
- European Rubber Journal
- Article date:
- May 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Liz White
: Yokohama Rubber Co. Ltd has gained approval from the Chekiang Province authorities in China to set up a company in Hangzhou City-Yokohama Hamatite (Hangzhou) Co. Ltd-to make sealant for passenger cars.
In the first phase of the project, Yokohama Rubber is to invest $1.5 million ([euro]1.26 million) to build a production unit with annual capacity of 1000 tonnes for car windscreen sealant, with start up by January 2005. A second phase, costing $2.2 million, will see capacity doubled within three years-by 2007.
Yokohama will build the new plant at a site adjoining the plant of Hangzhou Yokohama Tire Co. Ltd, a joint-venture ...