Linglong to invest in creating a dandelion rubber company

December 28, 2017

dandelion-rubberTyre company Shandong Linglong Tire Co is looking to build a company that will research and produce the dandelion rubber.

The company will cost US$450 million and will be called the Linglong Dandelion Science and Technology Development Co.

They predict dandelion rubber to be a good investment because there is a shortage of natural rubber in China. Furthermore, the use of dandelion rubber is environmentally-friendly and will reduce the use of synthetic rubber.

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Rubber Prices
(Last Updated: 17 Dec 2018)

Monthly The prices shown above do not include VAT @4% on purchase and expenses towards packing, transportation, warehousing  and other incidentals

Source: Latex India


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