Hankook has signed a second memorandum of understanding (MoU) with Arlanxeo to co-develop synthetic rubber technologies for high-performance tyres.
The two companies will jointly study the development of new high-performance synthetic rubber grades and applications, which will increase the performance of tyres from early stages of product development.
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Partnership between Hankook Tyre and Arlanxeo, a joint venture of Lanxess and Saudi Aramco, started in 2008, with the supply of raw materials such as solution styrene butadiene rubber (S-SBR) and neodymium performance butadiene rubber (Nd-PBR).
In 2014, the first MoU was signed to expand and collaborate on the development of core synthetic rubber solutions for high-performance tyres
“Continuous R&D efforts and investments were made to further solidify Hankook Tyres position as a global top tier company,” said Hankook CTO, Hyung Kim.
“The strong relationship with Arlanxeo has been great, and will continue to result in great technological advancement between the two companies.”
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By GlobalDataFor his part, Arlanxeo CEO, Jorge Nogueira added: “This new agreement strengthens our long-standing trustful co-operation with Hankook Tyre.
“As before, we will continue to assist Hankook as a reliable partner to develop its market position as key global tyre maker with high-quality products.”
