FOLLOWING THE TRACK of tyre majors like Bridgestohe and Goodyear, Sumitomo Rubber Industries Ltd. is establishing its own natural rubber plantation and NR processing plant. The company has signed a JV deal with a local company in Thailand for the same. According to the company, it is taking this step to stabilise the quality and procurement of NR and alleviate possible risk due to fluctuating NR prices.
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