ILC Dover, a US innovative design and manufacturer of engineered products, and portfolio company of New York-based investment firm New Mountain Capital is set to acquire Flexan, an Illinois-headquartered medical device contract design and manufacturing company that specialises in silicone,…
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LUKOIL commissions polymer-bitumen binders unit at its Nizhny Novgorod refinery
Moscow-headquartered energy corporation PJSC LUKOIL has launched its polymer-bitumen binders production unit at LUKOIL’s Nizhny Novgorod refinery. Deputy Prime Minister of the Russian Federation Yury Borisov, Governor of the Nizhny Novgorod region Gleb Nikitin and President of PJSC LUKOIL Vagit…
China’s JGST to build EUR166 mn tyre factory in Cambodia
Wuxi-headquartered Jiangsu General Science Technology (JGST), a company engaged in the research and development, manufacture and sales of tyre, is building a EUR166 million tyre factory in Cambodia. The plant, which will be sited at Sihanoukville special economic zone, will have…
Orion, RISE to jointly produce commercial-scale renewable carbon black
Orion Engineered Carbons, a global supplier of specialty and high-performance carbon black and the state-owned RISE Research Institutes of Sweden tied up in a project to develop and produce renewable carbon black. This collaboration represents an important step towards more…
Akrochem forays into paint, coatings sector with new acquisition
US rubber chemicals and compounding materials provider, Akrochem has secured Texas-sited Bech Chem LLC, a company with more than 25 years of experience in the global chemical supply chain. The transaction is effective immediately, and Akrochem said it continues to…
Malaysia’s latex, gloves markets still strained due to Covid-19 – ANRPC
According to the Intelligence Market Report of the ANRPC (Association of Natural Rubber Producing Countries) for 1 July-15 July, latex prices in the Kuala Lumpur local market fell 5.7% between 30 June and 15 July because of, among a number…
Freudenberg develops new EPDM for aerospace application
Germany-headquartered Freudenberg Sealing Technologies (FST) provides a solution to hydraulic seal leakage at high altitudes and low temperatures. With a team of experts led by Dr. Paul Hochgesang, a Materials Research Fellow based in FST’s Plymouth, Michigan, Central Laboratories, the…
Q2 sales signal recovery in European tyre sector – ETRMA
The European Tyre & Rubber Manufacturers Association (ETRMA) confirmed a “ positive evolution” from the first quarter of 2021 as European replacement sales of its members increased in the second quarter. According to ETRMA, all segments have registered a positive…
ICD rebrands with new name; leverages innovative silicone chemistries
ICD, a US-headquartered water-based coatings manufacturer will begin operating under a new name – ICD High Performance Coatings + Chemistries. According to its CEO and President Kris Vockler, the rebrand strategy represents not only a name change but its “vision…
Allow glove factories to operate under EMCO – MARGMA
The Malaysian Rubber Glove Manufacturers Association (MARGMA) is reportedly urging the Government to permit glove factories, specifically in Selangor, to operate under the Enhanced Movement Control Order (EMCO). It has emphasised the necessity of gloves in curbing Covid-19 and transmission…