UK-headquartered Avon Rubber’s respiratory protective equipment (RPE) business, Avon Protection has been awarded a sole source contract to supply the US Department of Defence (DoD) with the M69 Joint Service Aircrew Mask for Strategic Aircraft, related accessories and engineering support. The…
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Vietnam rubber export’s wins and losses in 2018
According to reports, quoting the Vietnam Rubber Association, Vietnam has shipped an estimated 1.6 million tonnes of rubber or over US$2 billion in 2018, up 14.5% in volume but down 6.1% year-on-year in value. In December, the country exported 190,000…
Rehau completes acquisition of Swiss rubber and polymers supplier
Rehau Verwaltungszentrale, a Swiss holding company of the Rehau Group, a leading systems and service provider for polymer-based solutions in the construction, automotive and industrial sectors has successfully completed the acquisition of MB Barter & Trading AG (MBT), a Swiss,…
Lanxess completes sale of Arlanxeo to Saudi Aramco
Cologne-based specialty chemicals company Lanxess has completed the sale of its remaining 50% interest in rubber company Arlanxeo to Saudi Aramco. All relevant antitrust authorities have granted the necessary approvals for the transaction announced in August 2018. Upon completion of…
Marangoni Tread North America to expand plant in Tennessee
Marangoni Tread North America, a full-service retread products supplier, is expanding its tread manufacturing plant in Tennessee, US to boost manufacturing capacity for current products, as well as that of a new line targeted for the second quarter of 2019.…
New tyre plant to rise in Thailand for Prinx Chengshan
Chinese tyre maker Prinx Chengshan is acquiring land plots in Thailand worth an estimated US$25 million for its new plant. The transaction involves purchase of 2,250 acres of land in Tambon Nong Suea Chang, Amphur Nong Yai and Tambon Klong-Kew,…
Kuraray, PTT Global Chemical and Sumitomo jv bankrolls investment for butadiene derivative plant in Thailand
Kuraray GC Advanced Materials Co, Ltd, a Bangkok-headquartered joint venture company co-founded by Tokyo-headquartered Kuraray Co, Ltd, and Sumitomo Corporation; and Bangkok-based PTT Global Chemical; have been carrying out a Feasibility Study for the manufacture and sale of butadiene derivatives…
Michelin finalizes billion dollar acquisition of Camso
Michelin completed the acquisition of Camso, after announcing initiation in July 2018. A total of US$1.36 billion was invested in the acquisition. Reporting net sales of US$1 billion, Camso has been designing, manufacturing and marketing OTR mobility solutions since 1982.…
Wacker expands silicone rubber production globally
Wacker Chemie AG is increasing its global production capacities for silicone rubber. With plans to expand several sites, Wacker aims to gradually raise its capacities by a total of 40,000 metric tons per year by 2021. Approximately EUR100?million has been…
Hainan Rubber Group ventures into graphene-rubber exploration
Hainan Rubber Group has set up a new research facility, which will start developing graphene and natural rubber composites. The company’s partnered with Aero Engine Corp. of the Beijing Institute of Aeronautical Materials, China’s largest aerospace materials engineering institute, to…