CANADA-based Exco Technologies Limited announced that it has signed a definitive agreement with Automotive Leather Company Group Limited (ALC), in a cash and stock deal worth US$25 million. Basing on the terms of the definitive agreement, subject to receipt of…
Synthos and Hardwick Standard ties up for SBR, BR sales
EUROPEAN synthetic rubber maker Synthos S.A. has announced a strategic sales alliance with Ohio-based Harwick Standard Distribution Corporation to distribute Synthos styrene-butadiene rubber (SBR) and butadiene rubber (BR) products in the US and Canada. Synthos is Europe’s largest producer of…
Yet another hurdle for Apollo-Cooper acquisition deal
COOPER Tire & Rubber’s US$2.3 billion acquisition efforts for Indian firm Apollo Tyres has yet stumbled upon another legal setback, paving the way for Apollo to walk away from the deal. In a recent development, the Delaware Supreme Court had…
Rossini’s new Asian plant to operate in 2014
ROSSINI, an Italian manufacturers of rubber rollers, sleeves and mandrels for flexography and gravure presses, has set up a new manufacturing plant in Pune, which is expected to be operational in 2014. It is the company’s only factory in Asia.…
US sealing and AVS company forms pact with Indian Amee Rubber
MICHIGAN-based Henniges Automotive Holdings, Inc, a supplier of highly engineered sealing and anti-vibration systems (AVS) has formed a strategic alliance with Mumbai-headquartered Amee Rubber Industries Pvt Ltd, a producer of sealing systems and moulded rubber parts for automobiles. The said…
Toyo launches 16-ply premium steer radial tyre
TOYO Tyres has launched the new 16-ply M137 premium high-performance steer radial, featuring increased load carrying capacity. The M137 is designed for long haul, over-the-highway commercial applications. This EPA SmartWay verified tyre uses e-balance technology and stiffer construction to improve…
Momentive gets patent for first-of-its-kind GE silicone AWB system
MOMENTIVE Performance Materials, the exclusive global licensee of General Electric-branded sealants, has obtained a US patent for the all-silicone Air & Water Barrier (AWB) system by GE. The AWB system, which includes SEC2500 SilShield AWB (silicone coating), GE SilPruf (silicone…
Michelin pulls out 1.3 million truck tyres for air, tread loss risk
MICHELIN North America, Inc recently announced a safety recall of approximately 1.3 million of its Michelin LTX M/S commercial light truck tyres sold primarily in the US, Canada and Mexico. The tyres are typically found on such vehicles as commercial…
ZF concludes sale of rubber and plastics business unit to TMT of China
HAVING made known its intentions to sell its rubber and plastics unit earlier this year (SEE: http://www.injectionmouldingasia.com/aug2013/news9.html), Germany’s third largest automotive components supplier ZF Friedrichshafen has formalised the sale with Shanghai-listed Zhuzhou Times New Material Technology (TMT). The rubber and…
Lanxess celebrates 50th year of butyl production in Zwijndrecht
GERMAN specialty chemicals company Lanxess, led by Board Member Rainier van Roessel, has recently rounded off its activities in commemoration of the 5oth year in Butyl production of its Zwijndrecht, Belgium plant. Half a century after the production start in…