MANCHESTER, England (Aug. 4)—Over the next few months, Manchester-based Dunlop GRG Holdings will make "a managed exit" from the loss-making rubber compounding business it acquired from UniPoly S.A. just last year, said Mike Armstead, group chief executive. A number of factors contributed to the decision to halt compound production, including "massive overcapacity in the industry," and strong competition from other compounders wanting to fill their capacity, Armstead said.
Dunlop GRG to exit rubber compounding business
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