Tongcheng New Materials Group establishes its first overseas production base in Thailand

Tongcheng New Materials Group has established its first overseas production base, Tongcheng (Thailand) Co., Ltd., in Rayong Province, Thailand. The base is expected to produce over 30,000 tons of rubber additives annually and is scheduled to commence production in the second quarter of 2027. The investment, not exceeding US$70 million, is a joint venture between Hong Kong-based Tongcheng and its affiliate, Gold Dynasty Limited.