Category: Industry News

ContiTech buys Metso’s conveyor belt unit

Hanover-based ContiTech Conveyor Belt Group is strengthening its conveyor belts business for industrial applications with the acquisition of Metso´s industrial conveyor belt operations based in Helsinki, Finland. Relating documents have been signed by both parties today. The transaction scope includes…

Lanxess completes relocation to Cologne

Lanxess has completed the move of its Group headquarters from Leverkusen to Cologne. With its approximately 1,000 employees, the German speciality chemicals firm now occupies the Lanxess Tower at Kennedyplatz 1 in the district of Deutz. It will now manage…

ZF to sell rubber and plastics unit

ZF Friedrichshafen, Germany’s third largest automotive supplier and among the top ten worldwide, has confirmed reports that it is in the early stages of discussions to sell its rubber and plastics (R&P) unit. ZF says it has been approached by…

Sibur starts up its Voronezh TPE facility

Russian petrochemicals supplier Sibur has launched production of styrene-butadiene thermoplastic elastomers (TPE), to be used for the road building industry and roof coatings, at its Voronezh-based facility. The  production facility reached its full design capacity of 50,000 tonnes/year. The process…

Mesnac buys US testing equipment supplier

Chinese tyre equipment manufacturer Mesnac has purchased a majority interest in US-based Test Measurement Systems (TMSI) for an undisclosed amount. The TMSI brand and identity will be retained. TMSI CEO Dr. Jerry Potts and other senior management staff will remain…

Invista and SilicoLife to develop bio-derived butadiene

US chemicals firm Invista and Portugal-based computational biology company SilicoLife are collaborating to develop new technologies to enable bio-derived processes for the production of industrial chemicals like butadiene. The two companies are collaborating in order to further co-develop their technology…

Indian tyre makers worry over shortage of NR

The Indian tyre industry has sought easing of natural rubber availability due to acute shortage being faced in the domestic market. The ongoing lean season compounded by incessant rains in Kerala had hampered the tapping of rubber. In a communication…

Yokohama Rubber supports beekeeping in China

Japanese firm Yokohama Rubber is supporting environmental protection activities, described as “,” launched in Heyuan, an ethnic minority village in the Laojun Mountain Nature Reserve in Lijiang, Yagriculture development and evolutionunnan Province, China. The activities are being implemented as part…

Lanxess moves hq to Cologne

German speciality chemicals company Lanxess is relocating its headquarters from Leverkusen in Germany to Cologne and will officially manage its global operations from there as of August 1, 2013. The new domicile of the company is the Lanxess Tower in…