Arsenal Capital Partners, a leading private equity firm that invests in middle-market specialty industrials and healthcare services companies, acquires Polytek Development Corp, a US manufacturer of liquid mould rubbers and casting plastics, from Morgenthaler Private Equity. The terms of the…
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Camso opens new facility in Iowa
Camso recently celebrated its new manufacturing facility in Peosta, Iowa with its employees, family, members of the community, customers, partners, and the media. The new building features and expansive 240,000 sqf layout, and guests were able to watch the assembly…
Michelin revises market forecast based on EU emissions squeeze, China slowdown
French tyre maker Michelin has revised the full-year forecasts for the global tyre market, warning that a sales slowdown could worsen in the fourth quarter, against the back of slower demand from China’s car market and new emissions standards in…
ANRPC: Slower growth in rubber market due to China’s economic turbulence
According to the Association of Natural Rubber Producing Countries (ANRPC), the global consumption for rubber grew 6.6%, on a year-to-year basis, to 10,653 million tonnes from January 2018 to September 2018. Meanwhile, the global production recorded a slower growth at…
IRSG photo competition to focus on women in rubber
Women play an important role in the whole rubber value chain, from nurturing, harvesting, processing, trading, and manufacturing. For International Rubber Study Group’s (IRSG) 75th Anniversary, the Singaporean market researchers are organising a photo competition to feature women’s contributions towards…
Russian chem firm RMCC starts production of high active magnesium oxide
Russian Mining Chemical Company LLC (RMCC) is expanding its range of high grade magnesium compounds and will start the production of high active magnesium oxide. The product will be manufactured at the recently opened third processing plant in Vyazma (Smolensk…
Uptake in motorcycle tyres globally expected over the next four years
The demand for motorcycle tyres around the world is expected to rise 4% every year till 2022, at an estimated 704 million units valued at about US$14 billion. The advances in motorcycle tyres will see it overtaking the global tyre…
Safic-Alcan extends French distribution deal with Arlanxeo
Starting 1 Jan 2019, Safic-Alcan, a French independent distributor of speciality chemicals, is extending its exclusive agreement with Arlanxeo for existing Keltan distribution in France. Arlanxeo has partnership with Safic-Alcan for Italy, Benelux, Germany, Austria, Switzerland and Czech Republic. The…
Cooper Tire Europe mulls ceasing light vehicle tyre production in Melksham
Cooper Tire & Rubber Company Europe Limited, a subsidiary of Cooper Tire & Rubber Company is entering a consultation period to explore ceasing light vehicle tyre production at its Melksham site in Wiltshire over a period of 10 months. Subject…
Bridgestone becomes worldwide Paralympic partner; nets marketing rights in tyres, sports equipment
Tokyo-headquartered tyre and rubber manufacturer Bridgestone has become the International Paralympic Committee’s (IPC) seventh Worldwide Paralympic Partner. Already a Worldwide Olympic Partner through to 2024, Bridgestone now has global rights to promote and support the Paralympic Movement over the same…