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Avon Rubber buys US helmet maker for US$130 mn

UK-based Avon Rubber, under its subsidiary Avon Protection, is to acquire Team Wendy, a US-based supplier of helmets and helmet liner and retention systems for military and first responder markets, for US$130 million on a cash-free and debt-free basis, subject…

Nynas changes ownership; Neste sells stake to Bitumina

Finnish oil and engineering services company Neste has sold its entire shareholding in Nynas to Bitumina, a global bitumen company active in more than 100 countries. This is an important step in the ongoing company reorganisation of Nynas. Sweden-based Nynas is a…

IRR’s pyrolysis system offers waste rubber solution for the UK

Carlton Forest Group’s IRR Manufacturing, responsible for UK’s only continuous pyrolysis plant, has stated that repurposed waste rubber could deliver substantial energy savings and ample business opportunities to manufacturers from the production of by-products such as pyrolysis oil and pyrolysis…

Yokohama plans OTR tyre plant in India

Continued rise in demand for off-road tyre (OTR) products has spurred the Yokohama Rubber Co. Ltd. (Yokohama) to build another tyre manufacturing plant, this time in Visakhapatnam, southeast Andhra Pradesh, India. Construction on the US$165 million manufacturing plant is set…