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Qatar’s used tyre, rubber recycling facility begins operations

Qatar’s Modern Recycling Factory (MRF), designed and constructed with the aim of conserving energy, preserving natural resources, reducing pollution, and reducing the country’s dependence on raw materials, has started operations after its formal opening this month. The US$41.3 million facility…

Lanxess moves forward in planned acquisition of Chemtura

Germany-based specialty chemicals group Lanxess has taken a significant step forward in its planned acquisition of the US chemical company Chemtura. Chemtura’s shareholders approved the merger at a special meeting in Philadelphia, US where 99.8% of the votes cast were…

Hankook Tire acquires Australia’s largest tyre retailer

South Korean tyre company Hankook Tire group will fully incorporate Australia’s largest tyre dealer, JAX  Tyres, into its group after the successful its acquisition of the company from its Chairman Fred Hurrell and other shareholders. Following through the acquisition, Hankook…