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Nitrile rubber distributors for domestic purposes, and the Taiwan Germany Lanxess Rubber Co., Ltd. (hereinafter referred to: "Taiwan rubber") was established in Nantong, nitrile rubber joint venture is not necessarily good news. May 7, Lanxess rubber and Taiwan signed an agreement, the two sides will set up a joint venture in Nantong, put into operation to produce 30,000 tons annually of high-quality nitrile rubber (NBR) products. Last year, China imported a total of about 70,000 tons of NBR. This means that about half of the next domestic nitrile rubber imports about this new plant will be replaced by production. Import substitution meant the end of trade. NBR rely on distributors to sell imported, they are now worried about is their business will be much of an impact. Impact Nitrile rubber is a synthetic rubber, as oil resistance, good aging resistance, is widely used for automotive, construction, footwear, cables and plastic industries. Over the past few years, the product compound annual growth rate in China has been more than 10%. Previously, only two domestic factories NBR. PetroChina Lanzhou Petrochemical has a 50,000 t nitrile rubber plant; another one is located in the south of Zhenjiang Emperor Chemical Co., Ltd., production is about 30,000 tons. The two companies combined production capacity of about 80,000 tons. In 2009, China imported about 70,000 tons or so of NBR. Mainly from Russia, Korea, Japan and other countries, including from Russia and South Korea nitrile rubber products account for about half the imports. The new plant design capacity of 30,000 tons annually of high-quality nitrile rubber. Plant will start in September this year and is expected to put into production in the first half of 2012. Tu Wei-hua said Taiwan Rubber, General Manager, on the basis of the existing production line, a joint venture plant with the highest production capacity can reach 35,000 tons. It is reported that joint venture, called Lanxess - Taiwan Rubber (Nantong) Chemical Industry Co., Ltd. (the "Joint Venture"), the total investment amounted to 50 million U.S. dollars, with each holding 50%. This means that the new plant will replace the domestic half of nitrile rubber imports. Many traders began to worry that the plant put into operation in 2012, their business will suffer. Zhe Jiang Lisen Chemical Co., Ltd., a sales manager, said Lanxess factory production will certainly affect their business, but is still unable to assess the extent of the impact. Li Sen LG Chemical from South Korea the main distributor of nitrile rubber production. The sales manager that the LANXESS products from Russia and Korea than the quality of the product, LANXESS had no factory in China to be shipped over from Europe, the cost is too high. The domestic price of the product even more value, so more use of cheaper products in Russia and South Korea. Today, Lanxess rubber joint platform, which provides the most advanced technology, which promised to protect the raw materials and strong sales channels. Taiwan is Asia's largest rubber producer of rubber in 2009 annual sales reached 700 million U.S. dollars. In addition, the joint venture is used in France LaWantzenau LANXESS plant technology and production equipment. LaWantzenau plant is the world's largest acrylonitrile-butadiene rubber production plant, annual capacity 100,000 tons of NBR to produce up to more than 60 grades of product. Rubber raw materials trading company in Guangzhou, a sales manager said they are concerned about is what LANXESS production grade product, so would like to determine whether the formation of their business impact. LANXESS Greater China president Kemao Ting said the new plant can not, as did the French plant production products of all grades of NBR. The Li Sen chemical sales manager that if Lanxess located in the high-end products, which will put pressure products from Japan. "And the new plant LANXESS production, we hope to become their distributor." The manager said. Joint Whole Story LANXESS is the world's largest manufacturer of nitrile rubber. 2009 total sales to 5.06 billion euros, of which LANXESS sales of industrial rubber products sector was 24 billion euros. Last year, Lanxess Greater China sales reached nearly 600 million euros. Previously, China did not LANXESS synthetic rubber factory. The company has five production bases worldwide, are located in Europe and America. However, since 2006, Lanxess's sales in more than 14% annual growth rate. As seen rapid growth in China's automotive and construction markets, Lanxess late last year began to plan for the establishment of synthetic rubber plant in China. Although LANXESS has the world's most advanced synthetic rubber technology, but the lack of channels, etc. so that Lanxess had to consider seeking partners. 6 months ago, Lanxess will be the main focus of the negotiations on the rubber and Taiwan. Taiwan is Asia's largest rubber producer of rubber, in addition to the company's roots Nantong few years, a good relationship with the local government, this is the place LANXESS more value. LANXESS Technical Rubber Products business of Wei Tao, head of general manager of rubber coated directly with the Taiwan Viva communication. Before, between LANXESS and Taiwan in a number of rubber rubber products or competitors. However, in order to reach an agreement, the two sides in Germany, Shanghai and Taiwan met several times, listed nearly a hundred articles, and each of negotiations in the negotiating process. Kemao Ting said the two sides had been contacted do not remember how many times. "But we agreed a date, that date is May 7, both sides hope to conclude the negotiations before this date." Kemao Ting said. LANXESS is a total of 6 individuals to participate in the negotiations, Kemao Ting as President, Greater China is one of them. During this period, the negotiation team LANXESS three times to visit Taiwan rubber factory in Nantong. Information is fed back: Taiwan Rubber-art factory in Nantong, in environmental protection, security has also done well. Half a month before the agreement, Taiwan, rubber coated, general manager of Viva, and others to Long Sheng Deguo headquarters and factory visits in France. Taiwan had no NBR rubber business segments, it also wants to make use of advanced technology development LANXESS NBR. May 7, Lanxess, and sets the final oak signed an agreement in Shanghai. Now, the two sides are consulting on the board membership. Has been determined that the joint venture will be platform rubber CEO executives will act as Kemao Ting himself to determine the Board. "Anyway, we will attach great importance to the balanced distribution of management functions, because, after all options were 50:50, and I think that such a proportional relationship should be well reflected in the distribution functions." Kemao Ting said. The e-commerce company in China offers quality products such as China Top Chest , China Tool Cart, and more. For more , please visit Tool Chest today!
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