Tyre recycler Prism Worldwide has announced a trio of innovations, with key advancements in odour reduction, sustainable thermoplastic vulcanisates (TPV) development, and high-content Ethylene Propylene Diene Monomer (EPDM) reuse, challenges it adds that have long been considered barriers to wider…
Author: admin
Tosoh to expand capacity of chloroprene rubber in Japan
Japan’s Tosoh Corporation has announced its plan to increase the production capacity of its Skyprene chloroprene rubber (CR). The plan will see the company add a second CR production facility at its Nanyo Complex in Shunan City, Yamaguchi Prefecture, to…
New chapter for ZC Rubber’s listing on Shanghai Stock Exchange
China’s ZC Rubber (Zhongce Rubber Group Co Ltd) has successfully debuted on the Shanghai Stock Exchange (SSE) under stock code 603049. The company’s initial public offering (IPO) of 87.45 million shares at RMB 46.50 per share has a market capitalisation…
Michelin to close Mexican plant; loss of 500 jobs
Against the back of market changes, French tyre maker Michelin Group plans to close its tyre manufacturing plant in Querétaro, Mexico, by the end of 2025, citing shifts in the passenger car and light truck tyre market as the primary…
Enviro’s CEO and CFO add on 9 mn shares in Enviro’s issue
Tyre recycler Scandinavian Enviro Systems (Enviro) CEO Fredrik Emilson and CFO Fredrik Aaben have subscribed to a total of 8,908,844 additional shares in Enviro’s recently concluded rights issue. In total, they have now subscribed to nearly 13 million shares in the…
Zeon increases SSBR capacity at Singapore plant; opens R&D lab in Japan for plant-based rubber
Japan’s Zeon Corporation has announced plans to increase production of high-grade solution-polymerised styrene-butadiene rubber (S-SBR), a key material for fuel-efficient tyres, by upgrading facilities at its Singapore plant (Zeon Chemicals Singapore Pte Ltd). It adds that this enhancement reinforces its…
Enviro to receive compensation from Infiniteria for Uddevalla plant construction
Tyre recycler Scandinavian Enviro Systems (Enviro) will receive compensation for its task of leading the construction work of the Uddevalla plant, including the procurement and installation of process equipment, as well as for the work on documentation and engineering of…
Continental to discontinue truck/bus tyre biz in India; focus on passenger car/light truck tyres
German tyre maker Continental has announced a realignment of its product portfolio in India. In future, the company will fully focus on the profitable growth of its Passenger Car and Light Truck tyre (PLT) business. As part of this transition,…
Datwyler streamlining US network; to close one facility
Swiss supplier of system-critical components Datwyler is streamlining its US production network as part of its transformation program. Operations at the Vandalia site in Ohio will be transferred to two existing locations in California and Ohio. The site will close by the…
Goodyear to close South African plant by end 2025
Tyre maker Goodyear is set to close its South African plant in the Eastern Cape after nearly eight decades of operations. The planned closure of its Kariega (formerly Uitenhage) plant marks a significant shift in the company’s regional operations and…