# Shougang Century and Cordenka explore tire reinforcement joint venture

Shougang Century Holdings signed a cooperation framework agreement with HK BMC (Europe I) Ltd, a major shareholder of Cordenka, to explore establishing a joint venture focused on tire reinforcement materials and global industrial rayon products.

- Type: Partnership
- Announced: 2026-08-17
- Status: announced
- Products: steel tire cords, industrial rayon, tire reinforcement materials
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Cordenka](https://endata.com/companies/73634.md) (partner)
- [Shougang Century Holdings](https://endata.com/companies/93635.md) (partner)
- [HK BMC (Europe I) Ltd](https://endata.com/companies/93636.md) (partner)

## Sources

- [european-rubber-journal.com](https://www.european-rubber-journal.com/article/2099607/shougang-century-cordenka-mull-tire-reinforcement-jv), 2026-08-20: "The two companies will also jointly explore the global market for industrial rayon products."

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