Japanese tyre maker Bridgestone Corporation is to sell its anti-vibration rubber and chemical products solutions businesses. The company expects the respective deals will close by the end of July and end of August 2022. The chemical business, comprising automotive seat pad…
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Hankook invests in 3D spatial firm Mobiltech
Hankook & Company Co., Ltd., the holding company of Hankook Tire & Technology Co has established a fund with an aim to secure a new growth engine in the future. The first investment is Mobiltech, an Artificial Intelligent (AI)-based spatial…
Sibur separates rubber/plastics portfolios in Taif merger
The merger of Russian petrochemical firms Sibur and Taif has resulted in a multiple growth in the plastics, elastomers and organic synthesis business, both in absolute production volumes and in the range of products and their scope, it adds. The…
Trelleborg to repurchase own shares
Swedish firm Trelleborg has presented new financial targets and proposes a programme for the repurchase of its own shares. It says that “the conditions are better than ever, both operationally, and thanks to trends such as increased electrification, digitisation, and…
Phillips Carbon to set up 5th carbon black plant in India
Phillips Carbon Black Ltd. (PCBL) plans to establish a greenfield production facility in the southern Indian state of Tamil Nadu with its recent signing of an MoU with the government of Tamil Nadu for setting up its fifth plant in the country. The company says the plant is targeted…
Bolder purchases Pyrolyx facility in US
US-based Bolder Industries, a pioneer of advanced sustainable chemical manufacturing sourced from end-of-life tyres, has purchased the former Pyrolyx facility in Terre Haute, Indiana. The 66,000-sq-ft location, which ceased operations in March 2020, will be retrofitted with Bolder Industries’ proprietary…
BlackCycle launches world’s first production of sustainable carbon blacks
The BlackCycle consortium launched the world’s first production of sustainable carbon blacks (sCB) for tyre applications on a conventional carbon black furnace reactor by using oils derived from an end-of-life tyre (ELT) pyrolysis process. The usage of pyrolysis oil, supplied by Pyrum…
Bridgestone consolidates its manufacturing footprints of bus, truck radial tyres in China
Bridgestone is considering restructuring its global manufacturing footprint – the group’s core business , and which includes tyre, diversified product, and material manufacturing sites, over the mid-long medium term to secure its earning power, and is looking to strengthen its…
Michelin covers challenges, innovation of 100% sustainable tyres of the future
French tyre maker Michelin, does not need to gaze on a crystal ball to foresee what a “tyre of the future” would look and feel like. The tyre industry is responding to the climate emergency with 100 percent sustainable tyres.…
Cabot ties up with IFF Health for sustainable rubber additives
US carbon black maker Cabot Corporation has tied up with bio-science and engineering firm IFF Health and Biosciences for the development and commercialisation of sustainable reinforcing additives for rubber products. Under the terms of this MOU, Cabot and IFF will exclusively work together…