Category: Investments

Asahi en route to second SSBR plant

ANOTHER Japanese supplier Asahi Kasei Chemicals will construct a second plant in Singapore to produce solution-polymerised styrene-butadiene rubber (S-SBR), with capacity of 50,000 tonnes/year. The new plant will be located adjacent to an S-SBR plant of the same capacity which…

Weir reaches out to India

UK-based Weir Group, which has interests in mining and engineering services in India, has invested INR60 crore to set up a 200 tonne/year-rubber facility in Bangalore to serve the requirements of the domestic mining industry. The new facility has precision…

Resin supplier eyes Western markets

SINO Legend (Zhangjiagang) Chemical, the largest Asian manufacturer of resins for the tyre and rubber markets, plans to expand into the US and European markets, with possibility of setting up facilities there. Red Avenue Chemical is serving as Sino Legend’s…

MHI subsidiary to focus on rubber machines

MITSUBISHI Heavy Industries (MHI) will establish a new subsidiary to handle the industrial machinery business, including material handling systems and rubber and tyre machinery, effective April 2012. The new company, to be wholly-owned by MHI, will be created by integrating…

Joint venture silica plant started up

WACKER Chemie and Dow Corning have inaugurated the second phase of their joint pyrogenic silica plant in Zhangjiagang, China. The pyrogenic silica plant, together with a siloxane plant, is a key facility of the Dow Corning-Wacker integrated silicone manufacturing site…

Rubber index introduced

GLOBAL information supplier Platts has launched a Natural Rubber Index (RBX), which comprises daily physical spot price assessments for Technically Specified Rubber Grade 20 (TSR 20) and Ribbed Smoked Sheets Grade 3 (RSS 3) grades of natural rubber. It reflects…

Desma expands in China

HAVING been in the Chinese market since 2007, rubber injection moulding machine maker Desma has built up a market share of 10% in the country. In order to meet growth expectations, the German firm has now set up an office…

Carbon black plant in China

US-based Cabot has opened a new Chinese masterbatch plant to cater to demand from Asia Pacific. It invested US$20 million in the black masterbatch plant located at its Tianjin facility, which is a joint venture with Shanghai Coking and Chemical,…

Synthomer group under one roof

SYNTHOMER Group has opened a new Asian regional headquarters in Kuala Lumpur, Malaysia. This follows its acquisition of PolymerLatex and means that the sales offices of Synthomer and PolymerLatex are now combined in the new premises. The company says its…

More silica from PPG

IN response to the growing demand for precipitated silica worldwide, US-based PPG Industries is increasing its capacity by more than 18,000 tonnes/year. The capacity expansions will be undertaken at its US and Netherlands facilities. Some of the capacity will come…