DUSSELDORF, Germany (Oct. 30, 2007) — Polish SBR maker Synthos Dwory S.P. zoo. said it plans to build a plant in Poland for neodynium-catalyzed butadiene rubber using technology licensed from Michelin, and will supply rubber to the tire maker.
The license permits Dwory to make up to 80,000 metric tons of the specialized rubber a year. Dwory said the plant — the cost of which was undisclosed — will open in 2011.
Dwory will supply BR to Michelin for at least seven years from the start of production, a contract worth about $40 million annually, the SR supplier said. The Polish company is Michelin's only licensee in Europe.
Michelin makes the same product at its facility in Bassens, France, where it has capacity for about 75,000 tons a year, according to statistics published by the International Institute of Synthetic Rubber Producers.