German carbon black company Pyrolyx will delist in Germany by end-March 2020 and consolidate all share trading to the Australian Stock Exchange (ASX), since a majority of Pyrolyx’s shareholders are Australian. However, the corporate structure of the company will not…
Category: Uncategorized
Global tyre machinery market to grow by US$880 mn by 2027
The global tyre machinery market covers numerous equipment for making radial/bias tyres for various commercial and industrial vehicles – the segment is projected for a global expansion at a CAGR of 4%, or some US$880 million, by 2027. Many factors…
Bridgestone announces management reshuffle effective September 2019
Tyre and rubber company Bridgestone Corporation (Bridgestone) has announced several restructuring efforts and leadership changes as it upgrades/cultivates its global management structure/corporate culture. The changes will take effect on September 16, 2019, streamlining the company’s global roles and facilitating their…
Tosoh to ramp up production for chloroprene rubber
Maclellan adds colour to its foodsafe rubber sheets
UK-based Maclellan Rubber has recently expanded the colour options on its food-grade rubber moulded sheets, to enable full traceability and track usage across different sections of food production. Including colours of red, blue, green, and yellow, the rubber sheets have…
Recycling: Tyre sector tackles circularity of rubber
Also, download this story from the electronic issue here Processing of scrap tyres as viable source of energy, fuel, and materials for key applications is gaining traction in the rubber industry, says Angelica Buan in this report. Annually, more than 1.5…
Toyo to expand US tyre production facility
Japan’s Toyo Tire (Toyo) is to again expand its 13-year-old North American tyre plant in rural Bartow County, Georgia. The company will invest some US$65 million for the project, which will involve installing new manufacturing equipment to boost the annual…
China’s Maxtrek Tyres breaks ground on Malaysian plant
Kuantan, on the eastern coast of Malaysia, will be home to Maxtrek Tyre’s first car/truck tyre plant outside of China – the plant will be built in the Malaysia-China Kuantan Industrial Park and is slated to produce some 6 million…
Trinseo opens new compounding plant in the Netherlands
Manufacturer of plastics, latexes and synthetic rubber Trinseo has opened a new compounding factory at its Hoek site in Terneuzen, the Netherlands. With this development, the company says it is providing an extra boost to the developments in the field…
Nokian’s tyre scanning service ensures optimal drive
Nokian Tyres (Nokian) has developed a digital service to assess the condition of a car’s tyres, integral to a car’s safety. Nokian’s scanner service, now in operation in Scandinavia, reached its one-millionth scan in May 2019, but results show that…