Advanced Elastomer Systems, L.P.

Advanced Eiastomer Systems, L. P., Akron, OH, a manufacturer of engineered thermoplastic elastomers, and Sei (Software Engineering Institute, Pittsburgh, PA, www.sei.cmu.edu) A federally funded research and development center that is under contract to Carnegie Mellon University and is devoted to the advancement of software engineering and the quality of software support systems. Woo Rubber Works Pte. Ltd., a Chinese manufacturer of custom molded precision rubber components, announced a strategic alliance to develop and market new TPEs within the People's Republic People's Republic
n.
A political organization founded and controlled by a national Communist party. of China. (PRC). Sei Woo will establish facilities to manufacture the new PTEs in the PRC, and will promote and distribute the products under its own trademarks. AES will provide additional marketing support and technical assistance to help develop TPE TPE Thermoplastic Elastomer
TPE Terminal de Paiement Electronique (French)
TPE Total Power Exchange
TPE Twisted Pair Ethernet
TPE Tampines Expressway (Singapore)
TPE Therapeutic Plasma Exchange applications. AES also announced a strategic alliance with Hydro S&S Industries Limited, an Indian manufacturer of engineering thermoplastic A polymer material that turns to liquid when heated and becomes solid when cooled. There are more than 40 types of thermoplastics, including acrylic, polypropylene, polycarbonate and polyethylene. compounds, to develop and market TPEs in India. Hydro S&S will be manufacturing new lines of TPEs based upon AES' technology. With marketing and technical support from AES, the Hydro-branded TPEs will be targeted for the growing Indian automotive market, as well as many other industries where TPEs have demonstrated added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:

Added Value = Sales - Purchases - Labour Costs - Capital Costs

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Title Annotation:	forms strategic alliance with Sei Woo Rubber Works
Comment:	Advanced Elastomer Systems, L.P.(forms strategic alliance with Sei Woo Rubber Works)
Publication:	Rubber World
Article Type:	Brief Article
Geographic Code:	9CHIN
Date:	Jul 1, 2001
Words:	155
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