Global materials company, Styron is doubling its solution styrene butadiene rubber (S-SBR) production capacity of one train, after reaching an agreement with material supplier Japan-based materials firm JSR, to acquire its current production capacity rights at Styron’s world-scale rubber production hub in Schkopau, Germany. SSBR is used in producing high performance tires and green tires with lower rolling resistance.
Styron’s Schkopau production site currently hosts eight world-scale rubber trains that supply tyre customers around the world. Prior to this agreement, JSR, which is engaged in petrochemical, electronics, diplay and optical materials, held the capacity rights to 50% of one of Styron’s three S-SBR production trains in Schkopau. As a result, as from April 1, 2014 Styron will have full capacity rights to this train, enabling it to increase its capabilities to serve the global tyre market, it said.
(PRA)