Polytek Development Corp. a US manufacturer of specialty polymers for coating, mould making, and casting applications and portfolio company of Arsenal Capital Partners, has acquired Specialty Resin & Chemical. Related: Arsenal Capital Partners scores Polytek The acquisition of Specialty Resin & Chemical…
Author: admin
Goodyear shifts to renewable energy in Euro, Turkish plants
In the first of a multi-phase plan to procure 100% renewable energy in all of its facilities across Europe, Middle East and Africa by the end of 2022, Goodyear Tire & Rubber Company stated it will adopt 100%rcent renewable energy at its Goodyear factories across…
Enviro’s recovered oil and carbon black ISCC certified
The oil and carbon black that Scandinavian Enviro Systems recovers from end-of-life vehicle tyres in its plant in Åsensbruk have been accredited under the International Sustainability & Carbon Certification (ISCC) scheme.In doing so, Enviro says it has become the first company in…
Pirelli to invest in boosting production capacity at Mexico site
Pirelli, an Italian tyre producer, proposes to invest US$36 million in its Silao, Mexico, manufacturing site to raise production capacity to 7.2 million tyres per year. A total of 150 new employment will be created as a result of the…
Datwyler sells subsidiary Reichelt
Datwyler has agreed to sell its subsidiary Reichelt and its affiliated businesses to Invision. Reichelt made CHF 188.8 million in 2020 in online distribution of electronic components. The contract is expected to be completed in the autumn of 2021, assuming…
Continental unveils biomaterials concept tyres; to roll out tech for recycled PET polyester tyre
Continental’s ground-breaking Conti GreenConcept tyre design (previously introduced at the Munich auto show) combines current and new technology methods to the development of sustainable passenger car tyres. The study’s purpose is to reduce resource usage in every step of the…
EnPro divests polymer components segment to private equity firm
EnPro Industries, a US-based industrial technology company, has sold its polymer components business to Edgewater Capital Partners, a private investment firm focused on performance materials, based in Cleveland, Ohio. Financial terms were not disclosed. The polymer components business is headquartered in…
Hankook Tire launches footwear made of recycled tyres
South Korean tyre company Hankook Tire has collaborated with shoes brand YASE to launch eco-friendly shoes made of recycled tyres. YASE is a leather shoes brand headquartered in Korea launched in 2013. Hankook Tire and YASE embarked on ‘ZERO – LEAVE…
Sumitomo Chemical to cease EPDM production at Chiba Works; to halt sales by 2023
Tokyo-headquartered Sumitomo Chemical has decided to end production of ethylene-propylene-non-conjugated diene rubber (EPDM) at its Chiba Works in Japan, and to stop selling the synthetic rubber product by the end of March 2023. To boost the competitiveness of its EPDM…
Barwell introduces features for humid ops in deflashing machinery
Worldwide rubber processing machine manufacturer, Barwell Global Ltd, has added several new features and options to its BFT range of cryogenic deflashing machines to ensure optimum efficiency in hot and humid environments, targeting many of the Asian markets. Cryogenic deflashing…