Lanxess (www.lanxess.com), Leverkusen, Germany, announced that its polybutadiene rubber business unit and the South Korean tire manufacturer Hankook Tire have concluded a long-term supply contract.Lanxess (www.lanxess.com), Leverkusen, Germany, announced that its polybutadiene rubber business unit and the South Korean tire manufacturer Hankook Tire The Hankook Tire group, based in Seoul, South Korea is the seventh largest tire company in the world [1]. Established in 1941 as the "Chosun Tire Company", it was renamed "Hankook Tire Manufacturing" in 1968. have concluded a long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. supply contract. In the next five years, Lanxess will supply solution SBR SBR - Spectral Band Replication and polybutadiene rubber. It is planned to more than double the volume supplied within the next five years. (RW+) |
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