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Covid-19: Continental delays spin off of powertrain unit Vitesco

German technology firm Continental Corp. has put on hold spinning off its powertrain unit Vitesco Technologies this year, due to the coronavirus pandemic and the resulting ongoing economic uncertainty. It says it will “complete this step as soon as the market environment has improved noticeably and…

Vipal’s VT110 tread evaluated in Spain

During this time where logistics and transportation is vital, it is important to have proper tyre treads. It is for this reason that Vipal Rubber says it has undertaken testing on its VT110 tread in Spain to confirm the quality…

Tokai Carbon to acquire French carbon supplier Savoie

Tokai Carbon and its subsidiary Tokai Cobex are to acquire Carbone Savoie International SAS, a French carbon and graphite manufacturer, for US$183 million. Carbon Savoie garners 95% of its sales revenue from exports and in 2018 had a sales revenue…

JXTG considering EPDM monomer output in Middle East

JXTG Nippon Oil & Energy Corporation (JXTG) is to conduct the feasibility study of a new Ethylidene Norbornene (ENB) plant, to be built in Jubail, on Saudi Arabia’s eastern coast, as part of the petrochemical Amiral complex, announced by Saudi…