Omnova Solutions, a US-based global manufacturer of emulsion polymers, specialty chemicals, and functional and decorative surfaces has entered into a definitive agreement to be acquired by UK-based specialty chemical company Synthomer for US$10.15/share in cash, or cash enterprise of US$824…
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Lanxess expands masterbatch range for rubber reinforcement
German speciality chemicals firm Lanxess will be showcasing new masterbatches for manufacturing reinforced rubber parts at K2019, which is taking place in Düsseldorf from October 16 to 23, The pre-dispersed additives from the Rhenogran product series are said to be easy to handle, dust…
Semperit completes plant expansion in Poland
Multinational rubber manufacturer Semperit Group’s (Semperit) Belchatow plant in Poland will be their largest mixing site after a three-year, EUR€17 million expansion project. The plant’s new “Mixer 5” line is expected to add some 30,000 tonnes of rubber compounds to…
Silicones Industry: An elastic market growth
Silicones are yielding to brighter market prospects as the materials have a higher success rate in a highly diverse range of applications, in sectors from the automotive and solar to the medical, says Angelica Buan in this report. Silicones: versatility…
Birla Carbon awarded for prioritising employee safety
Carbon black manufacturer Birla Carbon has been acknowledged by the International Carbon Black Association (ICBA) for exceptional safety performance in the industry. Gold and bronze awards of ICBA’s ‘Safety Recognition Program’ went to 12 Birla Carbon plants across North/South America,…
Continental China, Hefei celebrates 10-year production
Continental China recently celebrated the 10th anniversary of its Greenfield tyre plant in Hefei, Anhui Province. The German tyre manufacturer hosted a special event together with the management and employees at the plant, which was set up in 2009 to…
Michelin buying telematics provider Masternaut
French tyre maker Michelin has acquired Masternaut, a European telematics company, in a deal that will ease fleet services, product development and growth across the region. Masternaut is Michelin’s third major acquisition in the fleet telematics industry after North/South America’s…
Hankook Tire to change name to Hankook Technology
Korean Hankook Tire Group will undergo a name change to Hankook Technology Group in the advent of the fourth industrial revolution. The tyre manufacturer’s holding companies and affiliates hopes to together reflect a unified, global brand that will strengthen future…
MOL funds new US$10m rubber-bitumen plant in Hungary
Hungarian energy and chemicals company MOL is set to invest about US$10.3 million in the construction of new rubber-bitumen plant situated in Zalaegerszeg, western Hungary. The new plant is expected to start production next year, with a capacity of 20kilotonnes…
Pyrolyx to add second US rCB plant
The relocation process is underway as German recovered carbon black (rCB) producer Pyrolyx has begun planning of its second US plant in Indiana, on land adjacent to the first plant currently under construction. Its first US tyre pyrolysis unit has…