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Stellantis to acquire stake in Symbio

Faurecia, a company of the Group Forvia, which is the world’s seventh largest automotive technology player, tyre maker Michelin and automaker Stellantis say that negotiations have started for Stellantis to acquire a substantial stake in Symbio, a leader in zero-emission…

Sentury to make Nokian Tyres for European market

Nokian Tyres plc and Qingdao Sentury Tire Co. have signed a contract manufacturing agreement, whereby Sentury will start to manufacture selected Nokian Tyres’ passenger car tyres for the Central European market. Tyres manufactured at the partner’s production facility are designed…

Harps buys Semperit’s glove business for EUR115 mn

Singapore’s Harps Global Pte and Semperit Technische have reached an agreement on the acquisition by Harps of Semperit’s medical business (comprising the manufacture, distribution and sale of medical examination and surgical gloves) (Sempermed) for an enterprise value of EUR115 million.…

Carbon black bound for sustainability

Sustainable carbon black made from renewable feedstock is becoming more and more in demand. But for technologies to fully produce lower cost, carbon neutral versions, they may still need to be fine- tuned, says Angelica Buan in this report. Moving…