Hungarian oil and gas company MOL and Japan’s Eneos Materials Corporation recently signed a sale and purchase agreement whereby Eneos will buy MOL’s 49% stake in the joint venture Eneos MOL Synthetic Rubber (EMSR). After the transaction, Eneos will be 100%…
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Beontag partners with Michelin for RFID-enabled smart tyres
Beontag, one of the world’s largest manufacturers of self-adhesives and smart tags such as RFID and NFC, has launched a new partnership with French tyre manufacturer Michelin, that will see its TireTag technology incorporated into millions of new commercial and…
Continental to spin off auto group by end 2025
The Continental Executive Board has decided to spin off the Automotive group sector by the end of 2025, subject to necessary approvals. This follows its detailed evaluation announced in early August. The spin-off proposal will be presented to the supervisory board in…
Sumitomo Rubber opts for Rockwell to digitalise operations globally
Japan’s Sumitomo Rubber Industries has selected automation specialist Rockwell Automation to support its digital transformation across its global tyre and rubber manufacturing operations. Sumitomo Rubber, known for its Dunlop and Falken brands, will deploy Rockwell’s FactoryTalk ProductionCentre, a manufacturing execution system (MES)…
Graphet opens agricultural waste-to-graphite facility in Malaysia; claims sustainable ops
Carbon materials supplier Graphjet Technology, which was set up in 2019 to produce artificial graphite from biomass waste residues from palm oil, has started up its first commercial-scale green graphite facility in Subang Jaya, Selangor, Malaysia. It says that the facility is the world’s first commercial-scale plant capable of…
China’s Guizhou Tyre breaks ground on US$230 mn project in Vietnam
Chinese tyre producer Guizhou Tyre, under its Advance Tyre (Vietnam) Co Ltd subsidiary, under has broken ground on its US$230 million tyre expansion project in Vietnam’s Mekong Delta province of Tien Giang. The construction will be undertaken by engineering firm…
India’s Ceat to acquire Camso brand from Michelin for US$225 mn
Tyre maker Ceat, a part of RPG Group, has announced that it has entered into a definitive agreement with French tyre maker Michelin to acquire its Camso brand’s off-the-road-highway tyres (OTR) and tracking business for US$225 million. The acquisition will give Ceat…
Trek/Liberty launch bicycle tyre recycling programme in US
US companies Trek Bicycle and Liberty Tire Recycling have launched a bicycle tyre recycling programme across all Trek owned stores in North America. This initiative aims to provide cyclists with a free and responsible way to recycle their used bicycle…
PCBL completes expansion of carbon black plant
Indian carbon black producer PCBL Ltd says that the second and final phase of its speciality chemical capacity expansion at the Mundra plant in Gujarat has been successfully commissioned. This expansion adds 20,000 tonnes/year to the company’s existing capacity, bringing…
Nokian Tyres ties up with Enery for CO emission control for Romanian facility
Nokian Tyres and Austrian renewable energy provider Enery have signed a long-term contract ensuring zero CO2 emission energy for Nokian Tyres’s new passenger car tyre factory in Oradea, Romania. In addition to the energy supply the contract enables Enery to construct a…