Linglong Tire setting up firm for dandelion rubber industrialisation
As Linglong Tire notes, China imports more than 80 per cent of the natural rubber its manufacturers use. The company views rubber sourced from dandelions as a potential strategic raw material in the coming years, and in order to promote the industrialisation of dandelion rubber, it plans to invest RMB 30 million (£3.4 million) to set up a new company. The tentative name for this firm is Linglong Dandelion Science and Technology Development Company.