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Longxing Chemical Stock plans JV with auto sales firm

Monday, 4 Dec 2017 04:14am EST

Dec 4 (Reuters) - Longxing Chemical Stock Co Ltd <002442.SZ> ::Says it plans to invest 51 million yuan to set up a new energy automobile sales JV, with partner.JV will be capitalized at 100 million yuan and co will own a 51 percent stake in it .

China Hainan Rubber signs cooperation agreements, plans innovation centre

Sunday, 19 Nov 2017 05:18am EST

Nov 19 (Reuters) - China Hainan Rubber Industry Group Co Ltd <601118.SS>:Says it signs framework agreement with Zhejiang Nanhua Capital Management Co Ltd and PICC Property and Casualty Co Ltd's <<<2328.HK>>> Hainan branch on rubber futures price insurance project.Says it plans to set up innovation and development centre with partners including Rubber Authority of Thailand, Halcyon Agri Corp Ltd.Says it signs framework agreement with China Development Bank's Hainan branch, plans financing worth 20 billion yuan ($3.02 billion) between 2017 and 2022.

Shandong Linglong Tyre sets up unit in Singapore

Wednesday, 8 Nov 2017 10:39pm EST

Nov 9 (Reuters) - Shandong Linglong Tyre Co Ltd <601966.SS> ::Says it completes establishment of wholly owned unit in Singapore, named as KELLY (SINGAPORE)INVESTMENT & TRADING PTE.LTD.

Zhejiang Sanwei Rubber Item to invest 40.8 mln yuan to set up thermoelectric JV

Monday, 6 Nov 2017 12:51am EST

Nov 6(Reuters) - Zhejiang Sanwei Rubber Item Co Ltd <603033.SS>:Says it plans to invest 40.8 million yuan to set up a thermoelectric JV in Sanmen County, Zhejiang Province, with three individuals.Says registered capital of the JV is 80 million yuan.

Michelin North America files suit against Tire Mart for alleged infringement of a design patent​‍​

Tuesday, 26 Sep 2017 02:08pm EDT

Sept 26 (Reuters) - Michelin North America Inc::Says filed suit against Tire Mart Inc, alleging company has infringed a design patent covering BFGoodrich Mud-Terrain T/A KM2​‍​.

Formosan Rubber Group to invest in FRG(US) Corp

Monday, 25 Sep 2017 06:27am EDT

Sept 25 (Reuters) - Formosan Rubber Group Inc <2107.TW> ::* Says it plans to invest $20 million to set up a wholly owned unit FRG(US) Corp.

Chengdu Guibao Science & Technology receives patent

Friday, 8 Sep 2017 08:07am EDT

Sept 8 (Reuters) - Chengdu Guibao Science & Technology Co Ltd <300019.SZ> ::* Says it received patent(No. ZL 2015 1 0666683.9), for high-stability concrete silicone joint glue and preparing method thereof, valid for 20 years .

Shandong Linglong Tyre to use 80 mln yuan to set up two wholly owned units

Tuesday, 29 Aug 2017 01:03am EDT

Aug 29 (Reuters) - Shandong Linglong Tyre Co Ltd <601966.SS> ::* Says it plans to use up to 50 million yuan to set up a wholly owned sports event subsidiary, and to use up to 30 million yuan to set up a wholly owned dandelion planting subsidiary .

Modi Rubber approves JV agreement with Alma Beauty Corp S.L Spain

Friday, 18 Aug 2017 08:54am EDT

Aug 18 (Reuters) - Modi Rubber Ltd :Says approved JV agreement with Alma Beauty Corp S.L Spain to set up hair salon, academies in India on 50:50 basis.

Bridgestone India to invest $304.3 mln for plant expansion in India

Tuesday, 8 Aug 2017 02:12am EDT

Aug 8 (Reuters) - Bridgestone India Pvt Ltd: :Bridgestone to invest $304.3 million for plant expansion in India.Expansion for both Pune (Chakan) and Indore (Kheda) plants‍​.Investment will be done in a phased manner over the next five years starting 2017..Sees production capacity increasing by about 15,000 tyres/day, bringing total daily production from both plants to 41,000 tyres by 2022.Expansion expected to create 450 jobs for skilled manpower.

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