German chemical firm BASF SE is to invest EUR16 million into Pyrum Innovations AG, a technology company specialised in the pyrolysis of waste tyres, headquartered in Dillingen/Saar, Germany. With the investment, BASF will support the expansion of Pyrum’s pyrolysis plant…
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World’s largest optical telescope to be sealed with Trelleborg solutions
Swedish engineered polymer firm Trelleborg’s marine and infrastructure operation has been specified by contractor, Cimolai S.p.A, to supply bespoke inflatable and compression seals to the largest optical/near-infrared telescope in the world. The Extremely Large Telescope (ELT), located on top of…
Top Glove plans HKEX listing by 2021
Leading rubber glove manufacturer Top Glove expects to make the listing on The Stock Exchange of Hong Kong (HKEX) in the next couple of months. Executive chairman Tan Sri Dr. Lim Wee Chai believes securing a listing in a bigger…
Falken-brand truck tyres to replace Ohtsu lineup at Sumitomo’s NY plant
Sumitomo Rubber North America (SRNA) will devote a larger share of capacity at the Tonawanda plant, near Buffalo, New York, to Falken-brand truck tyres, which SRNA distributes. Sumitomo Rubber Industries Ltd. took over the plant from Goodyear in 2015 and…
Scrap tyres used for unexpected conservation effort in Malaysia
Whilst artificial tyre reefs are being hauled out of the oceans around the world, such as in Guam and France, at the Pantai Chendor beachfront along Malaysia’s east coast, scrap tyres are bound together to keep the sands from washing…
EU lists NR as critical material; tyre industry to apply new EU climate goal
Natural rubber (NR) is an important raw material for the European tyre and rubber industry and a key enabler for several industries – especially automotive. The tyre industry alone absorbs about 76% of all the natural rubber produced globally. Today, there is…
Tyre plant closures: Continental in Germany; Bridgestone in France
Against the back of tough times in the automotive industry as a result of the Covid-19 pandemic, two tyre majors have announced plant closures recently. Germany-based Continental plans to close a tyre plant in the city of Aachen in northwestern Germany…
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…
TPMS and ESC to be mandatory in India according to new rules
The Central Government of India is planning to implement a new set of rules, similar to international automotive standards, for its own automotive industry. To be managed by the Ministry of Road, Transport, and Highways (MoRTH), the regulations will include…
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…