‘New Aeolus’ saves costs through materials purchasing strategy

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Beijing – ChemChina-owned Aeolus Tyre has saved over €6.4m in 2017 through a new purchasing strategy, established following its integration last year with Pirelli & C. SpA’s industrial unit.

In a recent ChemChina statement, the Jiaozuo-based industrial tires maker linked the gains to “collaborative purchase” of natural rubber and other raw materials.

Read the source article at European Rubber Journal