Synthomer plc, a leading speciality chemicals company, announces the acquisition of Hexion Performance Adhesives & Coatings, a business of Hexion Inc., a global chemical company based in Columbus, Ohio in the USA. The total consideration is US$226 million which is…
Author: admin
Wacker expands technical centre in Singapore; new lab for silicone elastomers
Munich-based chemicals group Wacker says it is strengthening its presence in Southeast Asia, having inaugurated its expanded technical centre in Singapore. A new laboratory has been built for developing and testing silicone elastomers for growing industries such as health care…
Tatneft wins Energy Efficient Equipment and Technologies contest
The Petrochemical Complex of PJSC Tatneft was awarded the 3rd degree Diploma in the category “Energy efficient technologies and equipment” of the republican contest “Energy Efficiency. Energy Saving”. The contest was held within the frame of the 12th International specialized…
Sanyu USA to represent Rubicon in North America
Sanyu USA, Inc., the sales and service subsidiary of the Japanese rubber injection molding machine manufacturer Sanyu Industries, has entered into an agreement to represent the extruder manufacturer Rubicon in North America. Rubicon, located in Halle, Germany, specializes in the…
Titan received proposal to sell subsidiary
Titan International, Inc. has received a non-binding letter of interest that includes a nine-figure purchase price to acquire Italtractor ITM S.p.A. (ITM), one of the Company’s subsidiaries that designs and produces steel track and undercarriages for the construction, mining and…
Evonik starts construction of silicone facility in China
Evonik has started the construction of a production facility for organically modified specialty silicones in Shanghai (China). The project is part of a global investment initiative. A first expanded production plant became operational in Essen in late 2014. The new…
ASTM Standard Will Address Crumb-Rubber Infill in Turf
ASTM International Committee F08 on Sports Equipment, Playing Surfaces and Facilities is developing a standard for measuring properties of crumb rubber infill that could be ingested by players on artificial turfs. The proposed standard (WK47821, Specification for Extractable Hazardous Metals…
Kumho extends partnership with safety foundation
Kumho has extended its partnership with ADAC (Allgemeiner Deutscher Automobil-Club)Verkehrswelt through a travelling show that focuses on road safety education for teens aged 14 to 17. The roadshow comprises a series of interactive exhibits featuring such topics as responsibility, tolerance,…
Nexen signs two-year partnership with Formula Drift
Nexen Tire has become an Official Major Partner of Formula Drift, the premier United States drifting series, for the 2016 and 2017 race seasons. Nexen Tire signed a partnership agreement at Nexen Tire America Inc, office on March 18th. In…
Forbes named Continental as one of America’s Best Employers
For the second year in a row, Continental was ranked one of America’s Best Employers 2016 by Forbes magazine. With more than 208,000 employees worldwide, the company employs approximately 17,000 people in the United States. Forbes magazine’s list of America’s…