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Kuraray forms jv with PTT and Sumitomo for butadiene output in Thailand
Japanese chemical firm Kuraray Co. Ltd has entered a into joint venture agreement with Thai petrochemical company PTT Global and chemical firm Sumitomo Corp. to produce butadiene derivatives. Kuraray will have 53.3% share in the jv while PTT and Sumitomo will 33.4% and…
Nokian to increase capacity in Finland; adding on more shifts
Finnish tyre maker Nokian Tyres is planning to increase its passenger car tyre production capacity at its Finnish factory by 30% by changing work shifts. It is currently running three shifts five days a week and by 2019, the factory…
Dow Performance and Momentive launch new silicone products
Dow Performance Silicones further enhanced design flexibilities and processing options for consumer device and display OEMs with the addition of two new products, Dowsil SE 9100 and Dowsil SE 9160 adhesives, to its portfolio of one-part, room-temperature cure (RTV) silicone…
Rose Mill acquires rubber additives processor
Rose Mill Company, a US-based processor of industrial chemicals and minerals, has acquired another US firm, rubber pre-weigh additives processor PPS/Chempac of Lebanon, TN. The acquisition provides for the continued production of pre-weigh additives as well as an expansion of…
China/US trade war affects rubber and other commodity prices
Prices of commodities from iron ore to rubber took a tumble in China, with investor sentiments shaken by the import duties imposed by both countries, amidst intensifying trade war between Beijing and Washington that could hurt the world’s second largest…
Semperit to terminate production at Chinese conveyor belt plant
As part of a restructuring, Austria’s Semperit has decided to terminate production at the Sempertrans production site Best (ShanDong) Belting Co. Ltd. in the Shandong province on the Chinese east coast. “This step is part of the ongoing restructuring and…
Continental introduces V.ply portfolio with new compound and new radial tyres for ports
German tyre company Continental has introduced a new compound, Port Plus, for less abrasion, heat generation and longer service life for its new V.ply radial tyres for use in ports. This, Continental says, will expand its port tyre portfolio from…
Zeon to increase production of HNBR in Japan
Japanese firm Zeon Corporation is boosting the production capacity of the Kawasaki plant to expand its business of specialty cross-linked hydrogenated nitrile rubber (HNBR). Marketed as Zetpol, the firm says the HNBR is increasingly being adopted for use in important safety…
Equistone sells stake in Karl Eugen Fischer tyre machinery maker
Independent investment firm Equistone Partners Europe has sold its share in tyre making machinery manufacturer Karl Eugen Fischer as part of a management buyout supported by Deutsche Beteiligungs AG (DBAG). Germany-based Karl Eugen Fischer develops and manufactures chord cutting machines used in the…