# Dawn Polymer to acquire 80% stake in Ningbo SK Synthetic Rubber for CNY516M

Shandong Dawn Polymer Co. Ltd agreed to acquire an 80% equity stake in Ningbo SK Synthetic Rubber Co. from SK Chip Investment for CNY516 million (€62 million). The deal includes transfer of EPDM technology and IP from SK affiliates.

- Type: Acquisition
- Announced: 2025-12-10
- Where: Ningbo Chemical and Industrial Zone, Zhejiang, China, China
- Value: $71.0M (516.0M CNY)
- Status: announced
- Capacity: 50 kilotonnes per year of EPDM rubber
- Products: EPDM rubber
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [SK Geo Centric](https://endata.com/companies/59265.md) (partner)
- [Shandong Dawn Polymer](https://endata.com/companies/84394.md) (acquirer)
- [Ningbo SK Synthetic Rubber Co.](https://endata.com/companies/89155.md) (target)
- [SK Chip Investment (Hong Kong)](https://endata.com/companies/89156.md) (partner)

## Sources

- [european-rubber-journal.com](https://www.european-rubber-journal.com/article/2098496/dawn-polymer-to-acquire-80-of-ningbo-sk-synthetic-rubber), 2025-12-16: "Shandong Dawn Polymer Co. Ltd has agreed to acquire an 80% equity stake in Ningbo SK Synthetic Rubber Co, for Yuan516 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.