Germany specialty chemicals company Lanxess has signed a Letter of Intent (LOI) with the China Rubber Industry Association (CRIA) to strengthen existing ties.
The LOI aims to enhance the awareness of energy saving, environment protection and safety among Chinese rubber and tire industry with the ultimate goal to further promote green tires.
“We are very pleased to continue collaboration with the CRIA, leveraging our knowledge and insights into green tires and offering technical support to the Chinese market,” said Chien Mingcheng, CEO of Lanxess Greater China. “As a synthetic rubber pioneer, we are committed to propelling the development of the Chinese tire industry and pushing forward the green mobility trend.”
According to the LOI, Lanxess will share its expertise with the CRIA on selected raw materials for green tires manufacturing and what the company learned from the European Union’s green tires labeling implementation.