QINGDAO, China (Aug. 5, 2014) — Chinese rubber machinery supplier Mesnac Co. Ltd. has acquired Fushun Yikesi New Material Co. Ltd., a Fushun City-based producer of synthetic rubber and resin products.
Financial details were not disclosed.
Mesnac said the acquisition marks a significant diversification into the field of high performance rubber and material technology. The firm is one of the world’s largest suppliers of tire manufacturing equipment.
Fushun Yikesi was established in 2009. Its product lines include refined petroleum C5 resin, piperylene, dicyclopentadiene and isoprene derivatives, including synthetic rubber.
“Mesnac’s vision of being able to provide a more comprehensive service to its global customers by offering both equipment and materials support is unique in the tire industry, but for Mesnac it is a natural growth from its science based heritage emanating from the Qingdau University of science and technology,” said Zheng Jiangjia, executive vice president of the Mesnac Group.
MESNAC is a leading rubber&tire machinery supplier, committed to the R&D and innovation of informatization equipment, providing an integrated solution and equipment with the combination of software and hardware, management and control.
MESNAC actively explores the domestic and overseas market, accumulating a lot valuable technical and project implementation experience. Its key products own domestic market shares over 85% and sold to 20 plus countries in Europe, America and Asia.
Innovation is the power of an enterprise development. Relying on Qingdao University of Science and Technology, MESNAC continuously committed to technical innovation and product development, with State-certified Enterprises Technology Center, postdoctoral center, and European Research and Technical Center. The company has nearly 400 patents and software copyright, drafted 24 standards and undertaken nearly 50 national scientific and technological projects.
For many years, MESNAC receives the entrepreneurial spirit of “self-denial, continuous innovation“ to provide the continuous upgrading of the software and hardware for customers and sharing new technology and products with customers.
– Tire Business
