Tyre/rubber machinery maker VMI MI Group has expanded its Polish production facility, which started up in 2017. The Dutch firm has added on two further manufacturing halls, following what it says has been “unprecedented success” of the Lezsno plant. The…
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Michelin buying majority stake in Indonesia tyre maker; speeds up its entry to SEA
French tyre maker Michelin is acquiring a majority stake in Indonesian compatriot PT Multistrada Ara Sarana Tbk, which makes the Achilles and Corsa tyre brands. Michelin plans to take an 80% stake in the company for US$439 million held by…
Rubber-moulded automotive components market set to expand
Rubber moulded components are widely used in the automotive industry. Raw rubber – in most forms – is readily available and the final product is durable.Functional products can be shaped from rubber materials though a basic process. These products are…
Guayule medical gloves that are non-allergic, can block radiation
An Ohio State University researcher and her team have created the first medical glove that can block radiation while meeting federal guidelines and not triggering allergic reactions. The Radiation Attenuation (RA) medical glove developed by Katrina Cornish, an Ohio Research…
Phillips Carbon Black to set up 1,50k-tonne unit in South India
Phillips Carbon Black (PCBL), India’s largest carbon black producer and exporter has shortlisted three locations, Tamil Nadu, Andhra Pradesh and Telangana for its 1,50,000-tonne carbon plant. The new plant will have an investment of Rs 600-620 crore. There have been…
Chinese rubber chem producer gets nod for TBBS project trial run
Shandong Sunsine Chemical Co, Ltd, a wholly owned subsidiary of China Sunsine Chemical Holdings Ltd, a specialty rubber chemicals producer and global leader in the production and supply of rubber accelerators obtained the Government’s approval for the trial run of…
Bridgestone to acquire TomTom’s digital fleet business for EUR910 mn
Bridgestone Europe NV/SA, a subsidiary of Bridgestone Corporation in EMEA, has entered into an agreement with TomTom to acquire its telematics business, for a cash consideration of EUR910 million. The transaction is anticipated to be completed latest in the 2nd…
Shepherd to expand European ops
US-based lubricant additives firm Shepherd Chemical is investing US$8.5 million to expand its Mirecourt, France European operation. The projected growth path at the Mirecourt location includes the addition of a third reactor, a new warehouse, and upgraded R&D pilot facilities.…
TPC elastomers growing; demand from auto/substitution sectors
The thermoplastic copolyester (TPC) elastomers market is set to witness moderate to high growth in 2019, with demand expected to surpass 180,000 tonnes, with a CAGR of 4.5% between 2019 and 2027. The demand is likely to benefit from broader…
AirBoss expands mixing capabilities in US, Canada plants
Canada-headquartered AirBoss of America Corp’s Rubber Solutions segment is expanding its mixing capabilities at its plants in Scotland Neck, North Carolina and Kitchener, Ontario. The company, which develops, manufactures and markets high-quality, proprietary rubber-based products to various industries, including automotive,…