Author: admin

Michelin takes anew 20% Enviro Systems shares

French tyre maker Michelin has reportedly secured again a total of 20% of the shares in Gothenburg-headquartered tyre recycling company Enviro Systems following the dilution of its holding in May as a result of the completed new issue. The increase in its…

MRP acquires custom rubber products producer Pawling

Quadion/Minnesota Rubber and Plastics (MRP), a US-headquartered company engaged in material compound development, engineering, design, and manufacturing of custom elastomeric and thermoplastic components and assemblies has acquired Pawling Engineered Products, a Pawling, New York-based custom rubber products manufacturer. MRP, which…

Eastman Chemical to sell-off tyre additives business

US-headquartered global specialty materials company, Eastman Chemical Company has entered into a definitive agreement with an affiliate of One Rock Capital Partners  to sell the rubber additives, including its Crystex insoluble sulfur and Santoflex antidegradants, and other product lines and…

Bridgestone to sell SR subsidiary in China to LCY Chem

Bridgestone Corporation has planned to sell Bridgestone (Huizhou) Synthetic Rubber Co, Ltd, (BSRC) its subsidiary in China manufacturing synthetic rubber for passenger car tyres, to Taiwan-headquartered LCY Chemical Corporation, a company which operates materials and chemicals business on global basis.…