Investments

Arsenal Capital Partners scores Polytek

October 23, 2018
Arsenal Capital Partners scores Polytek

Arsenal Capital Partners, a leading private equity firm that invests in middle-market specialty industrials and healthcare services companies, acquires Polytek Development Corp, a US manufacturer of liquid mould rubbers and casting plastics, from Morgenthaler Private Equity. The terms of the…

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Safic-Alcan extends French distribution deal with Arlanxeo

October 19, 2018
Safic-Alcan extends French distribution deal with Arlanxeo

Starting 1 Jan 2019, Safic-Alcan, a French independent distributor of speciality chemicals, is extending its exclusive agreement with Arlanxeo for existing Keltan distribution in France. Arlanxeo has partnership with Safic-Alcan for Italy, Benelux, Germany, Austria, Switzerland and Czech Republic. The…

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Cooper Tire Europe mulls ceasing light vehicle tyre production in Melksham

October 19, 2018
Cooper Tire Europe mulls ceasing light vehicle tyre production in Melksham

Cooper Tire & Rubber Company Europe Limited, a subsidiary of Cooper Tire & Rubber Company is entering a consultation period to explore ceasing light vehicle tyre production at its Melksham site in Wiltshire over a period of 10 months. Subject…

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Evonik opens new silica plant, invests US$120 mn

October 18, 2018
Evonik opens new silica plant, invests US$120 mn

German specialty chemicals Evonik Industries, has started up a precipitated silica plant for the tyre industry in South Carolina, US, in response to the high demand from the tyre industry for precipitated silica in North America. It has invested an…

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KKR to cop Minnesota Rubber and Plastics from Norwest Equity Partners

October 18, 2018
KKR to cop Minnesota Rubber and Plastics from Norwest Equity Partners

Minnesota Rubber and Plastics(MRP) a leading provider of elastomer and thermoplastic solutions, is to be acquired by KKR, a global investment firm, from Norwest Equity Partners (NEP), a Minneapolis-based middle-market equity investment firm. This transaction marks KKR’s second acquisition of…

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SK Capital wraps up SI Group acquisition; brings Addivant into its fold

October 18, 2018
SK Capital wraps up SI Group acquisition; brings Addivant into its fold

SK Capital Partners, a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, has completed the acquisition of SI Group, a leading global developer and manufacturer of performance additives and intermediates. The transaction includes the combination of…

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Camso launches new manufacturing facility in Peosta

October 18, 2018
Camso launches new manufacturing facility in Peosta

Camso, a US manufacturer and distributor of off-road tyres, wheels, rubber tracks and undercarriage systems to serve the material handling, construction, agricultural and powersports industries has recently inaugurated its new manufacturing facility in Peosta, Iowa. During the opening, guests toured…

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China’s General Science opts for Thailand for tyre plant

October 2, 2018
China’s General Science opts for Thailand for tyre plant

Chinese tyre maker Jiangsu General Science Technology Co. Ltd. is looking elsewhere for a  plant in Southeast Asia and has decided to locate its planned US$300 million tyre plant in Thailand instead of Cambodia. The reason the firm said was that…

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Sumitomo boosts investments in Brazil to accommodate rising demand for tyres

September 26, 2018
Sumitomo boosts investments in Brazil to accommodate rising demand for tyres

Sumitomo Rubber Industries, Ltd. has decided to make an additional investment in equipment and facilities for the production of truck and bus tyres at their Brazil factory. In addition to producing tyres for passenger cars and light trucks, the group’s…

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Birla expands carbon black production in Spain

September 26, 2018
Birla expands carbon black production in Spain

Birla Carbon Spain, a key business of the US$44.3 billion India-headquartered Aditya Birla Group, have announced an investment of EUR5 million towards sustainability and energy efficiency projects. As a manufacturer and supplier of carbon black, Birla Carbon has seen an…

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Rubber Prices
(Last Updated: 12 Nov 2018)

Monthly The prices shown above do not include VAT @4% on purchase and expenses towards packing, transportation, warehousing  and other incidentals


Source: Latex India

Automotive

PRA ELECTRONIC ISSUE
PRA Nov/Dec 2018 issue

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