Yokohama, Shandong Xingda sign OTR off-take agreement
On 2 August Yokohama Rubber announced its entry into an off-take agreement with Shandong Xingda Tyre Co., Ltd., a manufacturer of off-the-road tyres for construction and mining vehicles. Under the terms of this basic agreement, Yokohama Rubber will provide Shandong Xingda Tyre with technical support regarding OTR radial tyres and in return will off-take a fixed quantity of OTR tyres manufactured by Shandong Xingda Tyre.