Tyre 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.