By Mike McNulty, Crain News Service
RIO GRANDE, Brazil (May 14, 2014) — Polish synthetic rubber producer Synthos S.A. plans to build a plant in Brazil to produce a specialized type of polybutadiene rubber used in high-performance tires.
The firm said it will build the facility, for the production of neodymium polybutadiene rubber (NdBR) — used to make high-performance car and truck tires and various technical rubber products — in the Triunfo Petrochemical Complex in Rio Grande, but it did not release financial details.
Oświęcim, Poland-based Synthos said its need for a plant in Brazil stems from multi-year contracts it signed recently with Group Michelin and Pirelli & C. S.p.A. to supply NdBR to their facilities in Brazil. The production of polybutadiene rubber in Brazil will be based on a license granted by Michelin, a spokesman said.