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The purpose of this study is to investigate the effect of chlorination on the structure and properties of reclaimed rubber and to discuss the feasibility of a novel method to chlorinate reclaimed rubber.

A series of chlorinated reclaimed rubber with different chlorination degrees (CD) was prepared by suspension chlorination in aqueous phase (SCAP). Their structure and performance were characterized by Fourier transform infrared spectrometer, energy dispersive spectroscopy, scanning electron microscopy, thermogravimetric and mechanical property test.

The chemistry structure, mechanical performance and heat resistance of CRR is affected greatly by its CD.

Although in the present work only chlorination of reclaimed rubber is researched, but this method can be used to modify other recycled rubber.

SCAP is a useful method to produce CRR, and it is feasible for production of chlorinated recycled rubber in large scale. The present work provides a new strategy to fabricate new materials based on recycled rubber.

Chlorination of reclaimed rubber by SCAP is useful to convert waste rubber into new materials, and it is useful to decrease environment pollution.

SCAP method provides a new technology to chlorinate waste rubber with many merits, such as chlorination rate of RR is accelerated and the reaction can be controlled or adjusted easily. Moreover, conversion of chlorine is increased remarkably.

Chinese companies are increasingly using cross‐border mergers and acquisitions (M&A) to source knowledge or strategic assets. For many, global acquisitions have proven to be highly problematic and value‐destroying. The purpose of this paper is to address this critical acquisition failure issue from an absorptive capacity perspective.

Guided by the framework that focuses on how acquiring a firm's weak absorptive capacity damages its ability to assimilate, integrate and apply external new knowledge, one high‐profile Chinese failed acquisition: TCL acquisition of France's Thomson's TV business in 2004 is analyzed empirically.

Acquisition performance of Chinese overseas M&A is found to be substantially affected by the acquiring firm's absorptive capacity at multiple dimensions. Research limitations/implications – The absorptive capacity construct provides an insightful account for differentials in Chinese overseas M&A performance.

For decision makers interested in formulating and implementing overseas M&A strategy, appropriate evaluation of their own firms’ absorptive capability should be the first step to take. Originality/value –This is the first paper to apply absorptive capacity arguments to Chinese resource‐driven M&A strategy, and will prompt business academicians and practitioners to think about M&A strategy in new and innovative ways.