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.

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."

For 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."

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